Council Post: Five Barriers To Digital Transformation And How To Overcome Them

Carlos M. Meléndez is the COO and Co-Founder of Wovenware, an artificial intelligence and software development company. In the early days of Covid-19, companies were preoccupied with enabling remote work, maintaining the digital infrastructure to support taxed supply chains and keeping business systems humming along. Yet, as they begin to stabilize new ways of working, they're shifting their focus back to more strategic, long-term digital transformation initiatives that leverage changing markets and new opportunities. While the pandemic caused companies to tighten their belts in 2020, in 2021, that trend is reversing, with the understanding that technology is the way forward. In fact, according to Gartner, worldwide IT spending in 2021 is expected to grow by 4% in 2021, totaling $3.8 trillion.