At a time when our research reveals that just 16 percent of executives say their company’s digital transformations are succeeding, companies we have worked with over the past three years using the Digital Factory (DF) model have been able to:

• bring products to market faster (in six months versus two years)
• do more with existing resources (eight product launches per year versus one or two)
• create dramatically reimagined experiences (opening an account in five minutes versus ten days)
• reduce tech development costs by a third (fewer managers per engineer)
• attract the great talent required to compete in a digital world

We see reductions in management overhead of 50 percent for technology teams in the DF, 70 percent in the number of business analysts needed to write technology requirements, and, as test automation becomes the norm, a drop of 90 percent in the number of testers.

Welcome to the Digital Factory: The answer to how to scale your digital transformation
By Somesh Khanna, Nadiya Konstantynova, Eric Lamarre, and Vik
McKinsey Digital