Source page: McKinsey & Company
Commentary
Tech investments drive performance
Digital | Organization
September 7, 2022 – From adoption of the public cloud to company-wide data strategy, top-performing companies are investing heavily in key technology capabilities and their own tech assets, compared with their peers. These leaders in tech adoption are set to continue these investments in the coming years to achieve strategic aspirations.
To read the article, see “Three new mandates for capturing a digital transformation’s full value,” June 15, 2022.
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Visual form
Grouped horizontal bar chart.
Layout / body structure
The visual is split into two horizontal bar-chart panels stacked one above the other. The top panel compares current digital-technology capabilities already in place, and the bottom panel compares how organizations expect to use differentiated digital tech to achieve strategic aspirations in the next two years.
What is being compared
Both panels compare top economic performers with all other respondents. The top panel compares five capability areas, while the bottom panel compares four strategic uses of digital technology.
Measurement system
The measure is percent of respondents. Light blue bars represent top economic performers and dark bars represent all other respondents, with values printed inside or beside the bars.
Visible structure inside the graphic
In the top panel, the rows are rapid adoption of public cloud, clear company-wide data strategy, well-established agile and DevOps practices, consistent use of design thinking to enhance user experience, and automated processes for testing and deploying tech. In the lower panel, the rows are developing software or other technologies to enhance existing offerings, using AI to improve and accelerate decision making, developing proprietary data, and developing software offerings to monetize directly.
Main takeaway from the visual
The chart shows top economic performers investing much more heavily than everyone else across the most important digital capabilities, and that same lead carries into the ways they plan to use digital technology strategically over the next two years.
Key standout values or extremes
The largest current-capability gap is public-cloud adoption at 44 percent for top economic performers versus 28 percent for all other respondents. Data strategy is 40 versus 17, agile and DevOps is 32 versus 16, design thinking is 30 versus 12, and automated testing and deployment is 19 versus 9. In the forward-looking panel, the biggest row is developing software or other technologies to enhance existing offerings at 69 versus 49, followed by using AI to improve and accelerate decision making at 46 versus 41, developing proprietary data at 35 versus 28, and developing software offerings to monetize directly at 32 versus 27.
Controls / sequence, when applicable
This is a static chart image with no in-chart controls to operate.
Companion media, when applicable
There is no separate companion audio or video; the chart image is the full visual on this page.