Article Written by Sanjay Zalavadia, VP of Client Services, Zephyr
Legacy systems and processes are still being relied on for a number of mission-critical tasks across businesses, but these outdated approaches are starting to show their age in a lot of ways. Many companies have gravitated toward digital transformation as a means of improving capabilities and ensuring that they are able to keep up with the competition in the future.
However, a majority of these initiatives don't succeed. Consultancy.uk noted that while 80 percent of managers believe that technology is here to stay, two-thirds of digital transformation efforts fail. With bigger companies investing billions a year on these projects, it's important to ensure that deliver the expected results. Let's take a look at the biggest reasons that large organizations fail at digital transformation:
1. Not agile enough