07/31/2024 | Press release | Distributed by Public on 07/31/2024 05:08
2024 Digital Enterprise Maturity Index identifies critical steps for organizations to achieve digital maturity amid rapid technological changes
SEATTLE - F5 (NASDAQ: FFIV) today released its 2024 Digital Enterprise Maturity Index report, a comprehensive analysis of enterprise digital transformation efforts across the globe, underscoring the immense power of generative AI and its pivotal role in driving digital maturity across industries. The report reveals critical insights into how organizations can modernize their enterprise architectures, enhance automation, and improve data management practices to leverage AI and deliver superior digital experiences to customers.
Key highlights from the 2024 Digital Enterprise Maturity Index include:
"The rapid evolution of generative AI is not just a technological advancement; it's a transformative force that is reshaping the entire landscape of digital business," said Lori MacVittie, Chief Evangelist and Distinguished Engineer at F5. "Organizations that embrace this change and modernize their enterprise architectures to integrate AI-driven automation and data management will not only stay competitive but will also lead their industries into a new era of efficiency and innovation. Our 2024 Digital Enterprise Maturity Index offers a roadmap for these organizations to understand their current standing and the steps they need to take to achieve digital maturity."
The report categorizes organizations into three distinct groups based on their progress in digital transformation: "doers," who are making significant strides and leading the way in modernization; "dabblers," who are in the early stages of their digital journey; and "dawdlers," who show little to no progress in advancing their digital capabilities. This classification helps highlight the varying levels of digital maturity and readiness for AI integration.
Broader insights on digital transformation
Beyond the impact of generative AI, the 2024 Digital Enterprise Maturity Index provides an in-depth look at several key areas crucial for digital transformation:
Additional findings on the state of digital maturity can be found in the full report, 2024 Digital Enterprise Maturity Index, and in F5's companion blog.
About the report
F5 analyzed 713 responses selected from its annual State of Application Strategy research based on completeness of answers to the key questions that make up its digital maturity model. Just about one-third of respondents hail from the technology industry. There is good representation from retail, manufacturing, and financial services. Respondents represent a global sample, with just about a third from each major region: NA, EMEA, and APCJ. Similarly, grouping by annual revenue nets a fairly even distribution across large (27%), medium (32%), and smaller enterprises (32%).