Cimdata Logo

Industry Summary Articles

Thursday, December 03, 2020

Companies with a Digitally Fluent Workforce Lead their Peers in Revenue Growth and Better Worker Satisfaction, Accenture Report Finds

Remote workers comprise nearly two-thirds (60%) of the workforce, and yet fewer than half of the organizations they work for have company-wide remote work policies in place and only 14% are considered digitally mature within their industry, according to a new report from Accenture (NYSE: ACN). 
The report, titled “Honing Your Digital Edge,” includes a survey of 5,400 workers aligned with the sentiment from more than a dozen chief information officers spanning nine industries and 12 countries. Companies identified as digitally fluent in the report are 5.4x more likely to be projecting high revenue growth in the next three years; considered a great place to work by the majority of their workers (69%); and lead their peers in customer satisfaction (68%).  
“When the pandemic hit, everyone had to pivot quickly and accelerate their digital transformations, however, few companies were digitally mature enough to move at the scale and speed necessary to transition and unlock new value,” said Eva Sage-Gavin, Accenture’s Global Talent & Organization / Human Potential practice lead. “Success in today’s environment requires organizations to hone their digital skills by supporting their workers to thrive through skill-building opportunities that will unlock their full potential and ingenuity.” 
 
Digital Fluency Framework
To help companies move at scale and speed necessary to survive and thrive, Accenture’s report outlines a framework integrating an organization’s digital opportunities. The Digital Fluency Framework’s four building blocks include: Digital Foundations, Digital Operations, Digital Leadership & Culture, and Digital Workforce Technology Quotient (TQ). 

“Although digital transformation has been a major business priority for the past few years, there’s still a nagging gap between a company’s existing technology foundation and the digital skills or tools workers need to unleash creativity and new ways of working,” said Emma McGuigan, Intelligent Platform Services lead at Accenture. “Fostering a digitally fluent workforce means closing that gap across your company, often starting at the top. The CIO is central to get this done, transforming their role from merely equipping workers with a digital infrastructure to harnessing their enthusiasm to drive innovation at scale.”

To view original Press Release, please click here.

Search for Accenture on CIMdata.com

r
ipad background image

Featured Cimdata Reports

ipadcontent
PLM-Enabled Digital Transformation Benefits Appraisal Guide

The Guide is designed to help potential PLM users evaluate the applicability and payoffs of PLM in their enterprise, and to help existing users of PLM monitor the impact it is having on their product programs.

ipadcontent
Aerospace & Defense PLM Action Group

A CIMdata administered PLM advocacy group for the A&D industry

ipadcontent
PLM Market Analysis Reports

The PLM MAR Series provides detailed information and in-depth analysis on the worldwide PLM market. It contains analyses of major trends and issues, leading PLM providers, revenue analyses for geographical regions and industry sectors, and historical and projected data on market growth.

ipadcontent
PLM Market Analysis Country Reports

These reports offer country-specific analyses of the PLM market. Their focus is on PLM investment and use in industrial markets. Reports cover Brazil, France, Germany, India, Italy, Japan, Russia, South Korea, the United Kingdom, and the United States.

ipadcontent
Simulation & Analysis Market Analysis Report

This report presents CIMdata’s overview of the global simulation and analysis market, one of the fastest growing segments of the overall product lifecycle management market, including profiles of the leading S&A firms.

ipadcontent
CAM Market Analysis Report

CIMdata's definitive guide to the worldwide CAM software and services market. This comprehensive report provides critical intelligence on market size, user expenditures, trends, and segmentation, alongside authoritative rankings of the top CAM solution providers and reseller revenues.