Kansas City's Chief Innovation Officer on Smart Cities and Digital Transformation

Digital transformation is more than just a buzzword, and it's got some real-life enterprise support. A report by Tech Pro Research found that 70 percent of companies either have a digital transformation strategy in place or are working on one. Further, IT digital transformation budgets increased from 2016 to 2017 for 53 percent of survey respondents. Digital transformation projects that succeed are usually an enterprise-wide effort "best served by a leader with broad organizational purview," according to the latest "State of Digital Transformation" report by Altimeter, a Prophet company. CIOs mostly own or sponsor digital transformation initiatives (28 percent), with CEOs increasingly playing a leadership role (23 percent).