Across the sell-side and buy-side, digital leaders are accelerating their digitization, with 71% evolving their business models, and 29% reporting that their new models are now complete. In addition, more executives on both the sell-side and buy-side are producing results from their digital strategies, compared to 2020 (26% in 2021 vs. 19% in 2020; 6 percentage points higher than the global average of 20%).
Executives who are producing results from their digital strategies share several common attributes that distinguish them from others who are in the earlier phases of building or launching their digital journeys. The most significant attribute is their ability to align their business and IT priorities. This year, 93% indicate close alignment of their priorities, compared to only 54% of those in the building or launching phases. Further, among those producing expected results, 100% are more sensitive to data privacy laws and regulations, compared to 90% of those in the building or launching phases.
Learn more about the attributes of digital leaders.