{"id":403695,"date":"2020-12-21T09:03:13","date_gmt":"2020-12-21T14:03:13","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=403695"},"modified":"2020-12-21T09:03:13","modified_gmt":"2020-12-21T14:03:13","slug":"covid-19-causes-significant-upheaval-to-digital-transformation-plans-but-spurs-surge-in-innovation-and-improved-end-user-experience-couchbase-research-finds","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/covid-19-causes-significant-upheaval-to-digital-transformation-plans-but-spurs-surge-in-innovation-and-improved-end-user-experience-couchbase-research-finds\/","title":{"rendered":"COVID-19 Causes Significant Upheaval to Digital Transformation Plans but Spurs Surge in Innovation and Improved End User Experience, Couchbase Research Finds"},"content":{"rendered":"<h2>\n$5.5M on average wasted by enterprises on failed, delayed, or scaled-back digital transformation projects, the majority for reasons not related to the pandemic<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p>Santa Clara, Calif., Dec.  21, 2020  (GLOBE NEWSWIRE) &#8212; Despite significant upheaval to organizations\u2019 digital transformation plans, the COVID-19 pandemic has contributed to a surge in innovative projects,\u00a0 according to research from <strong><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Ibk9m8U3XKvtl-RcCMvbiAyKIygrlzT0Mcna69uq5pO3HwYFW2m0TT-pgOuykZQIqDi_UHUDiqOdocMviZfr3A==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Couchbase<\/a><\/strong>, the creator of the enterprise-class, multicloud to edge NoSQL database. In Couchbase\u2019s fourth annual digital transformation <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=eG_eReLAIu2inQxeT7yKkC9l56JtJlFPk2LWCeeoBlR9gO31NprJeVDLHnWEzYYtPrw33c5XFVnrMq96tmyFhimmJjJvLolynTslie7exBUYnBD8gCovto-v6Rg5vNKD\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">survey<\/a>,\u00a0 77 percent of organizations had to either make \u201cnoticeable\u201d or \u201cmajor\u201d changes to their digital transformation plans, or start again from scratch. However, the rate of innovation (i.e. the number of projects driven by an original idea from within the business) almost doubled, rising from 8 percent in 2019 to 14 percent. Similarly, organizations were still able to meaningfully improve the end-user experience while responding to COVID-19. Yet worryingly, the number of failed, delayed, or scaled-back projects is still high, at 79 percent. This potentially represents a significant waste of resources: enterprises spent an average of $5.5M on these projects over the year.<\/p>\n<p>\n        \n      <\/p>\n<p>In general, while the pandemic caused a rapid reappraisal of digital transformation plans, it did not stop investment. Key findings included:<\/p>\n<p>\n        \n      <\/p>\n<ul>\n<li>  Pandemic reaction supports spending increase: Average digital transformation spend grew from $27 million per organization in 2019 to $27.5 million in 2020. The reaction to COVID-19 helped this: enterprises\u2019 spending in response to the pandemic ranged from +3.8 percent in Germany to -0.7 percent in the UK, for an average of +2 percent.\u00a0  <\/li>\n<li>  End-user experience focuses on pandemic reaction: 55 percent of organizations made significant or better improvements to the end-user experience this year, compared to 73 percent in 2019. However, 17 percent created an excellent end-user experience in their response to COVID-19.  <\/li>\n<\/ul>\n<p>\n        \n      <\/p>\n<p>\u201cEnterprises understand that the real test will be in how they adapt to life and business in 2021 and beyond,\u201d said Ravi Mayuram, SVP of Engineering and CTO at Couchbase. \u201cThe underlying issues that were preventing modernization of an aging digital stack have been brought to the forefront by the pandemic, and there is now even greater impetus to accelerate \u2018digital transformation.\u2019 This realization that aging infrastructure will not serve organizations&#8217; new needs in a post-pandemic world where we will live, work and play remotely has tipped the scales in favor of new investments in innovation and modernization.\u201d<\/p>\n<p>\n        \n      <\/p>\n<p>The research suggests that, outside the pandemic, organizations are still struggling to meet their digital transformation goals. The need to divert resources in response to COVID-19 was the most common factor either preventing organizations from pursuing new digital transformation projects (affecting 31 percent of organizations), or causing those projects to fail, suffer delays, or be scaled back (affecting 29 percent). Yet more organizations were prevented from pursuing projects, or suffered project disruption, for reasons that had nothing to do with the pandemic. For instance:<\/p>\n<p>\n        \n      <\/p>\n<ul>\n<li>  Technology challenges preventing projects: 55 percent of organizations could not pursue a digital transformation project for reasons besides COVID-19, including the complexity of implementing technologies (experienced by 31 percent), reliance on legacy technology that couldn\u2019t meet new digital requirements (28 percent) and a lack of resources or funds (25 percent)  <\/li>\n<li>  COVID-19 not responsible for majority of project disruption: 50 percent of organizations suffered project disruption such as failure, delays, or scaling back for non-COVID-19 reasons, including the complexity of implementing new technologies (24 percent), lack of resources or funds (22 percent) and reliance on legacy technology (20 percent) that were nothing to do with the pandemic.\u00a0  <\/li>\n<\/ul>\n<p>\n        \n      <\/p>\n<p>Disrupted projects don\u2019t only have a financial cost, but can have a significant effect on business strategy. 72 percent of organizations have had to push their strategic goals back by more than a month or even reset them completely because of delayed, scaled-back or cancelled digital transformation projects.\u00a0<\/p>\n<p>\u00a0\u00a0<\/p>\n<p>\u201cCOVID-19 was a unique event: many of the challenges organizations face are far more deep-seated,\u201d continued Mayuram. \u201cOrganizations that have worked so hard to adapt and succeed in 2020 should not see their gains lost because of issues that have been known for years. Instead, they should make sure they have the resources they need to build upon their experiences and truly succeed in digital transformation. This means having the technology, the skills, and the investment that will help drive innovation to new heights.\u201d<\/p>\n<p>\n        \n      <\/p>\n<p>To read the full report, \u201cIs COVID-19 to blame for digital transformation challenges?\u201d visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=DeM8v-jp-h83x3xs9LxTVGJBVLN7xWG-X-_TdPbxhH_qPuXjn7XQlj67SdJK89qnlZgxOjVrkqQ5hYUdLObC5nnyIjfl3pLAaWuIQjl2C9V0qAFi9VVqHzpYHocjpB_X_H5wm7om9D0rP6edfa64gR4ETJS82jdHFNRGsaz_tbqHBDgIszNI1U4nsF1oFqE_\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/resources.couchbase.com\/c\/cio-survey-2020?x=p2kCzD<\/a><\/p>\n<p>\n        \n      <\/p>\n<p>\n        <strong>About Couchbase<\/strong>\n      <\/p>\n<p>Unlike other NoSQL databases, Couchbase provides an enterprise-class, multicloud to edge database that offers the robust capabilities required for business-critical applications on a highly scalable and available platform.\u00a0As a distributed cloud-native database, Couchbase runs in modern dynamic environments and on any cloud, either customer-managed or fully managed as-a-service.\u00a0Couchbase is built on open standards, combining the best of NoSQL with the power and familiarity of SQL, to simplify the transition from mainframe and relational databases.\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Couchbase has become pervasive in our everyday lives; customers include industry leaders like Amadeus, American Express, Carrefour, Cisco, Comcast\/Sky, Disney, eBay, LinkedIn, Marriott, Tesco, Tommy Hilfiger, United, Verizon, as well as hundreds of other household names. For more information, visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=1eyodrBIOn9Mrlvmd8ZVxDQ1gjfu-fsNwts8nE99dop3SaT8TiTWANZNFRCG4ilOkof5j4cX-qlRjdC_0mEdCS2afYv4cMs8GgnoYKuOChE=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.couchbase.com<\/a>.<\/p>\n<p>\u00a9 2020 Couchbase, Inc. \u00a0All rights reserved. \u00a0Couchbase, the Couchbase logo, and the names and marks associated with Couchbase\u2019s products are trademarks of Couchbase, Inc. \u00a0All other trademarks are the property of their respective owners.\u00a0<\/p>\n<p>\n      <\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNTU1MiMzODkwNzY3IzIxMjA5MDQ=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/c82a00c7-d529-4f9b-888e-3557181249cb\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>Christina Knittel\r\nCouchbase\r\n6504177500\r\nchristina.knittel@couchbase.com\r\n<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>$5.5M on average wasted by enterprises on failed, delayed, or scaled-back digital transformation projects, the majority for reasons not related to the pandemic Santa Clara, Calif., Dec. 21, 2020 (GLOBE NEWSWIRE) &#8212; Despite significant upheaval to organizations\u2019 digital transformation plans, the COVID-19 pandemic has contributed to a surge in innovative projects,\u00a0 according to research from Couchbase, the creator of the enterprise-class, multicloud to edge NoSQL database. In Couchbase\u2019s fourth annual digital transformation survey,\u00a0 77 percent of organizations had to either make \u201cnoticeable\u201d or \u201cmajor\u201d changes to their digital transformation plans, or start again from scratch. However, the rate of innovation (i.e. the number of projects driven by an original idea from within the business) almost doubled, rising from 8 percent &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/covid-19-causes-significant-upheaval-to-digital-transformation-plans-but-spurs-surge-in-innovation-and-improved-end-user-experience-couchbase-research-finds\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;COVID-19 Causes Significant Upheaval to Digital Transformation Plans but Spurs Surge in Innovation and Improved End User Experience, Couchbase Research Finds&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-403695","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>COVID-19 Causes Significant Upheaval to Digital Transformation Plans but Spurs Surge in Innovation and Improved End User Experience, Couchbase Research Finds - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/covid-19-causes-significant-upheaval-to-digital-transformation-plans-but-spurs-surge-in-innovation-and-improved-end-user-experience-couchbase-research-finds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"COVID-19 Causes Significant Upheaval to Digital Transformation Plans but Spurs Surge in Innovation and Improved End User Experience, Couchbase Research Finds - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"$5.5M on average wasted by enterprises on failed, delayed, or scaled-back digital transformation projects, the majority for reasons not related to the pandemic Santa Clara, Calif., Dec. 21, 2020 (GLOBE NEWSWIRE) &#8212; Despite significant upheaval to organizations\u2019 digital transformation plans, the COVID-19 pandemic has contributed to a surge in innovative projects,\u00a0 according to research from Couchbase, the creator of the enterprise-class, multicloud to edge NoSQL database. In Couchbase\u2019s fourth annual digital transformation survey,\u00a0 77 percent of organizations had to either make \u201cnoticeable\u201d or \u201cmajor\u201d changes to their digital transformation plans, or start again from scratch. However, the rate of innovation (i.e. the number of projects driven by an original idea from within the business) almost doubled, rising from 8 percent &hellip; Continue reading &quot;COVID-19 Causes Significant Upheaval to Digital Transformation Plans but Spurs Surge in Innovation and Improved End User Experience, Couchbase Research Finds&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/covid-19-causes-significant-upheaval-to-digital-transformation-plans-but-spurs-surge-in-innovation-and-improved-end-user-experience-couchbase-research-finds\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-21T14:03:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNTU1MiMzODkwNzY3IzIxMjA5MDQ=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/covid-19-causes-significant-upheaval-to-digital-transformation-plans-but-spurs-surge-in-innovation-and-improved-end-user-experience-couchbase-research-finds\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/covid-19-causes-significant-upheaval-to-digital-transformation-plans-but-spurs-surge-in-innovation-and-improved-end-user-experience-couchbase-research-finds\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"COVID-19 Causes Significant Upheaval to Digital Transformation Plans but Spurs Surge in Innovation and Improved End User Experience, Couchbase Research Finds\",\"datePublished\":\"2020-12-21T14:03:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/covid-19-causes-significant-upheaval-to-digital-transformation-plans-but-spurs-surge-in-innovation-and-improved-end-user-experience-couchbase-research-finds\\\/\"},\"wordCount\":884,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/covid-19-causes-significant-upheaval-to-digital-transformation-plans-but-spurs-surge-in-innovation-and-improved-end-user-experience-couchbase-research-finds\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODExNTU1MiMzODkwNzY3IzIxMjA5MDQ=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/covid-19-causes-significant-upheaval-to-digital-transformation-plans-but-spurs-surge-in-innovation-and-improved-end-user-experience-couchbase-research-finds\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/covid-19-causes-significant-upheaval-to-digital-transformation-plans-but-spurs-surge-in-innovation-and-improved-end-user-experience-couchbase-research-finds\\\/\",\"name\":\"COVID-19 Causes Significant Upheaval to Digital Transformation Plans but Spurs Surge in Innovation and Improved End User Experience, Couchbase Research Finds - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/covid-19-causes-significant-upheaval-to-digital-transformation-plans-but-spurs-surge-in-innovation-and-improved-end-user-experience-couchbase-research-finds\/","og_locale":"en_US","og_type":"article","og_title":"COVID-19 Causes Significant Upheaval to Digital Transformation Plans but Spurs Surge in Innovation and Improved End User Experience, Couchbase Research Finds - Market Newsdesk","og_description":"$5.5M on average wasted by enterprises on failed, delayed, or scaled-back digital transformation projects, the majority for reasons not related to the pandemic Santa Clara, Calif., Dec. 21, 2020 (GLOBE NEWSWIRE) &#8212; Despite significant upheaval to organizations\u2019 digital transformation plans, the COVID-19 pandemic has contributed to a surge in innovative projects,\u00a0 according to research from Couchbase, the creator of the enterprise-class, multicloud to edge NoSQL database. In Couchbase\u2019s fourth annual digital transformation survey,\u00a0 77 percent of organizations had to either make \u201cnoticeable\u201d or \u201cmajor\u201d changes to their digital transformation plans, or start again from scratch. However, the rate of innovation (i.e. the number of projects driven by an original idea from within the business) almost doubled, rising from 8 percent &hellip; Continue reading \"COVID-19 Causes Significant Upheaval to Digital Transformation Plans but Spurs Surge in Innovation and Improved End User Experience, Couchbase Research Finds\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/covid-19-causes-significant-upheaval-to-digital-transformation-plans-but-spurs-surge-in-innovation-and-improved-end-user-experience-couchbase-research-finds\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-21T14:03:13+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNTU1MiMzODkwNzY3IzIxMjA5MDQ=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/covid-19-causes-significant-upheaval-to-digital-transformation-plans-but-spurs-surge-in-innovation-and-improved-end-user-experience-couchbase-research-finds\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/covid-19-causes-significant-upheaval-to-digital-transformation-plans-but-spurs-surge-in-innovation-and-improved-end-user-experience-couchbase-research-finds\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"COVID-19 Causes Significant Upheaval to Digital Transformation Plans but Spurs Surge in Innovation and Improved End User Experience, Couchbase Research Finds","datePublished":"2020-12-21T14:03:13+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/covid-19-causes-significant-upheaval-to-digital-transformation-plans-but-spurs-surge-in-innovation-and-improved-end-user-experience-couchbase-research-finds\/"},"wordCount":884,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/covid-19-causes-significant-upheaval-to-digital-transformation-plans-but-spurs-surge-in-innovation-and-improved-end-user-experience-couchbase-research-finds\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNTU1MiMzODkwNzY3IzIxMjA5MDQ=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/covid-19-causes-significant-upheaval-to-digital-transformation-plans-but-spurs-surge-in-innovation-and-improved-end-user-experience-couchbase-research-finds\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/covid-19-causes-significant-upheaval-to-digital-transformation-plans-but-spurs-surge-in-innovation-and-improved-end-user-experience-couchbase-research-finds\/","name":"COVID-19 Causes Significant Upheaval to Digital Transformation Plans but Spurs Surge in Innovation and Improved End User Experience, Couchbase Research Finds - 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