Davos, Jan. 22 -- : Businesses globally face a digital ceiling when it comes to digital transformation, according to new research from Infosys Knowledge Institute (IKI), the thought leadership and research arm of Infosys.

The study shows that businesses must change their mindsets to achieve sophisticated levels of digital maturity.

Infosys Digital Radar 2020 assessed the digital transformation efforts of companies on a digital maturity index and found year-over-year progress in basic areas, like digital initiatives to improve a company's efficiency.

However, most companies come up against a digital ceiling when trying to achieve the most advanced levels of maturity.

The report, which surveyed over 1,000 executives globally, ranked the m...