Top trends and priorities focus on improving omnichannel customer experiences
through digitization and business-process automation
We spoke with 89 communications and media executives to learn about the trends affecting their businesses and their plans for navigating uncertainty in a highly competitive market. Executives pointed to technology acceleration as the biggest macro trend, becoming digital organizations as their top industry trend, and improving customer experiences and automating business processes as their primary business and IT priorities, respectively.
Still early days in the cloud evolution
Just 33% say they can manage across multiple cloud providers to a high degree
Digital journey advances
The industry shows growing sophistication in enhanced automation and data initiatives
Improving customer experience is key
It tops business priorities along with data-led personalization
Greater business agility needed
Only 26% say their business model is highly agile for digitization
New offerings are imperative
84% see developing new services and products as a major strategy consideration
While their digitization strategies are in place, communications and media organizations need to increase their execution progress by 3 times to fully realize their digital goals. When comparing insights from the 32% producing results (digital leaders) to those building or launching digital strategies (digital aspirants), some striking differences emerge. Among the biggest distinctions are: leaders excel in business-IT alignment, application modernization, cloud migration and high business model agility.
Better align IT and business operations
Digital leaders 61% |
Digital aspirants 35% |
Modernize more of their applications
Digital leaders 49% |
Digital aspirants 37% |
Migrate more of their applications to cloud
Digital leaders 30% |
Digital aspirants 21% |
1
|
Focus on evolving advanced automation |
2
|
Implement data-driven decisioning |
3
|
Digital aspirants: focus on personalization |
4
|
Seek more agile business models |
5
|
Develop new convergent offerings |
At CGI, we help communications and media organizations to deliver on business agility and drive digital transformation. |
Meet with our experts about these insights. |