How can hyper-automation accelerate a product or company's time-to-market?

Having a digital transformation plan in 2022 is crucial for several reasons. Firstly, the global digital transformation market is projected to reach a size of $1 trillion by 2025, indicating a significant growth opportunity for businesses. Secondly, trends such as hybrid, connected workplaces and hyper-automation are expected to drive digital transformation in 2022. These trends can accelerate a product or company's time-to-market, making businesses more competitive. Lastly, many organizations are implementing automation initiatives to improve operational efficiency. Without a digital transformation plan, businesses may miss out on these opportunities and fall behind in the rapidly evolving digital landscape.

The pandemic has significantly influenced the implementation of automation initiatives in organizations. It has accelerated the global digital transformation, leading to an increase in automation initiatives. For instance, over 44% of organizations have implemented automation initiatives after the pandemic. Furthermore, 54% of organizations aim to use automation to improve operational efficiency in 2022. The pandemic has made it clear that having a digital transformation plan is crucial for organizations.