Despite the billions of dollars and countless man-hours being channeled into digital transformation, too many companies are spinning their wheels, buried in petabytes of unusable data. As a result, many are saddled with initiatives that do little to advance the strategic agenda or deliver value for the business.
According to Forrester Research, companies are three times as invested in digital transformation as in other IT programs, yet progress is slow. Companies say they are still navigating the early stages of the transformation journey, and 70% admit they are underperforming — an indication that efforts have not met expectations or led to sustainable change, Boston Consulting Group (BCG) research found.
