According to a McKinsey study, 70 percent of digital transformation projects fail. It’s quite a paradox because the transformation is happening for growth and success. If this stat alone is anything to go by, it indicates that enterprises need to rethink their strategy and management of such transformations.
So how are those other 30 percent of enterprises succeeding with their digital overhauls? Well, data and analytics play a vital role in helping track the progress of the process. Any smart organization would know that any change needs to be managed. Even more so those that target the digital infrastructure of the company.