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MXC CAPITAL LIMITED ORD NPV

Why digital transformation projects fail

Digital transformation is an essential part of modern business. But it is not an easy one.

Research has highlighted that some 84% of companies fail at digital transformationand in our experience that’s about right. It doesn’t matter if you’re a young startup setting out to be digitally centric from the word go, or an established business trying to change for the better—it’s not enough to simply understand how the digital landscape lies right now. You have to put in place the policies and processes that will enable you to transform along with it in the future.

Want to avoid making the same mistakes we’re seeing elsewhere? Here are the five biggest reasons for digital transformation failures and how to do better.

 

As of 1st March 2018, MXC Capital Limited holds a 25% share in Adept4 plc.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.