Global Digital Transformation Spending Set to Surge by 57% in 3 Years

According to an analysis by, global digital transformation spending is set to surge by 57% over the next three years.

StockApps financial analyst Edith Reads states, “The main drivers of this growth are organizations’ need to innovate and stay ahead in a rapidly changing environment. Companies must build resilient systems that allow them to quickly respond to customer needs and market shifts. This requires investments in cloud computing, artificial intelligence, and data-driven analytics.”

Digital Transformation as a Service (DTaaS) is a service model allowing organizations to transform their businesses in response to market shifts rapidly. It helps them to remain competitive and agile in an ever-changing digital landscape.

hina-based Huzhou Central Hospital is an example of how DTaaS can be applied. The hospital needed to create a digital solution for doctors to monitor and manage patients with chronic medical conditions. Lenovo designed, developed, and deployed a TruScale Infrastructure as a Service (IaaS) solution to do this.

This solution was ideal for the hospital because it enhanced security and control of an on-premises environment while offering pay-as-you-go pricing and 24/7 monitoring. The IaaS platform allowed the hospital to access vast volumes of data, giving doctors the information they needed to provide better diagnoses. The full story and statistics can be found here: Global Digital Transformation Spending Set to Surge by 57% in 3 Years