Despite spending millions of dollars on digital transformation efforts in the past year, many organizations still think they are at significant risk of being left behind by competitors, according to a new report by independent research firm Vanson Bourne.

The study, commissioned by database platform provider Couchbase, shows that 80 percent of the 450 heads of digital transformation surveyed at enterprises in the U.S., U.K., France, and Germany in May and June 2017 think they are at risk of being left behind by digital transformation.

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