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MARKET RESEARCH & ANALYSIS

The State of Application Development Platforms for Delivering Industry Solutions.

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Q2, 2020

As the speed and complexity of business increases, companies are rushing to adopt digital transformation strategies to keep up. Technology can drive these efforts, but lack of system flexibility can also derail them.

Digital transformation across industries is being hampered by lack of speed in the development and implementation of technology.

Why have digital transformation efforts not yielded full benefits for businesses across industries?

80 Percent

Inability to test and prototype new technologies quicker

76 Percent

Inability to implement technology faster

64 Percent

Complex legacy technology landscape

The processes by which technology is being purchased is changing.

There have been large shifts in the landscape of industrial organizations that has caused a blurring of lines between IT departments and the business. Increasingly, technology decisions are made from a broad set of stakeholders across functions or outside of IT entirely.

While 82% of companies leverage outside vendors to fill resource gaps, only 43% state they leverage them effectively. Companies want their vendors to simplify their complex environments and it is incumbent on independent software vendors (ISVs) and systems integrators (SIs) to help them get to market faster.