The following figure shows the same comparison by revenue band, as opposed to vertical market. Note that the correlation between company size and the likelihood of having a defined digital transformation plan in place moves into the mid- to high- 90% range for companies larger than $100 million, while companies under the $100 million mark are in the 80% range. 7 Copyright © 2024 AVANT Communications, Inc. Fig. 1.3 Digital transformation plans by revenue 2% 4% 12% 11% 16% 6% Source: AVANT Analytics State of Disruption 2024