Making Digital Transformation a Success

The eBook “Why 70% of Digital Transformations Fail” by Veriday explores the critical challenges and pitfalls that organizations face in their digital transformation endeavors. Highlighting the accelerated need for digitalization due to the COVID-19 pandemic, the eBook discusses how despite widespread recognition of the importance of digital transformation, a significant majority of projects fail. It delves into the consequences of failed transformations, such as wasted investments, misallocated resources, poor customer and employee experiences, and overall organizational stagnation. The eBook identifies five major reasons behind these failures: lack of a unifying strategy, low organizational buy-in, disconnected technology stacks, poor data management, and reliance on unscalable technologies.