Why Do We Fail? Learning to Succeed in Digital Transformation

September 10, 2020 | State of the Market Report

Digital transformation projects today dominate business strategy across industries and are widely considered a key growth driver for many organizations. Despite billions being invested in digital on an annual basis, success here remains elusive with only 20% projects succeeding in creating tangible value and benefits for companies. Based upon a series of interviews with industry executives and startups, in this report, we highlight the primary reasons for digital failures in industrial settings and share solutions and best practices for navigating these challenges.

Coverage Area

  • Digital Transformation

Table of Contents

  • Executive Summary: Lessons from failures and successes in digital transformation
  • Digital Transformation: Promise vs. Reality
  • The Anatomy of Digital Projects
  • Why Digital Transformation Projects End in Failure
  • Recommendations and Best Practices

Lead Analyst

Harshit Sharma
Analyst

Contributors

Kevin See, Ph.D.