5 measures to gauge your digital portfolio maturity

The
motivations
to
digitize
client-facing
solutions
vary
but
are
often
both
push
and
pull:
a
push
from
your
organization
to
grow
revenues,
gain
competitive
advantage,
and
further
differentiate
products
and
services,
and
a
pull
by
the
market
looking
for

[…]

5 measures to gauge your digital portfolio maturity

The
motivations
to
digitize
client-facing
solutions
vary
but
are
often
both
push
and
pull:
a
push
from
your
organization
to
grow
revenues,
gain
competitive
advantage,
and
further
differentiate
products
and
services,
and
a
pull
by
the
market
looking
for
the
latest
technologies
such
as
AI/ML,
AR/VR,
and
digital
twins
for
immediate
business
benefit.

When
WGI
and
Columbia
Universities’
Global
Leaders
in
Construction
Management
polled
over
570
end
users
about
strategic
technology
trends
they
saw
having
the
most
business
impact
on
the
infrastructure
industry
in
2023,
they
cited
AI
and
ML
at
32%,
augmented
and
virtual
reality
(AR
and
VR)
at
13%,
and
3D
printing
at
12%.

When
setting
goals
and
measuring
progress,
it
often
helps
to
assess
the
current
state
of
the
digital
portfolio
in
terms
of
how
digitally-enabled
it
is
today,
as
well
as
to
define
the
future
vision
in
terms
of
the
organization’s
digital
ambition.
The
future
vision
may
be
100%
digital
or
a
lower,
but
more
practical,
target
based
on
the
mix
of
actual
products
and
services
being
delivered.

If
we
take
the
architecture,
engineering
and
construction
(AEC)
industry
as
an
example,
the
level
of
digitization
will
clearly
vary
by
division
or
department.
Since
it
deals
with
high-tech
data
acquisition,
via
LiDAR,
photogrammetry,
and
other
means,
the
geospatial
division
will
likely
be
more
digitally
enabled
in
its
current
state
than
other
divisions,
and
may
have
a
strong
appetite
(and
strong
client
appetite)
for
further
digitization.

When
thinking
about
digital
portfolio
strategy
and
the
maturity
of
the
portfolio,
some
common
questions
from
the
senior
leadership
team
may
include:
What
percentage
of
our
portfolio
is
digitally
enabled
today?
How
often
are
we
refreshing
our
portfolio
and
introducing
new
products
and
services?
What
percentage
of
our
portfolio
is
leveraging
data
analytics
to
help
improve
decision
making
and
monetize
our
data?
What
percentage
of
our
portfolio
is
leveraging
automation
and
AI
and
ML
to
take
the
grit
out
of
the
system
and
deliver
intelligent
insights?
What
percentage
of
our
portfolio
is
delivered
in
a
SaaS
model
for
annuity
revenues?

To
assess
the
current
state
as
well
as
to
plan
the
future
vision
and
target
outcomes
from
a
portfolio
innovation
perspective,
here
are
five
measures
of
digital
enablement
to
aid
your
digital
portfolio
strategy.

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