While enormous resources are being spent on digital transformation programmes by the private sector, the results are underwhelming, according to the World Economic Forum.It has launched a report to help senior executives avoid common patterns of failure and ask the right questions. The Digital Enterprise: Moving from experimentation to transformation is a practical guide to envisioning, structuring and sequencing successful digital transformation efforts.According to estimates, this year more than US$1.2 trillion will be spent by companies worldwide on their digital transformation efforts and yet analysis suggests that only one percent of these efforts will achieve or exceed their expectations, the forum says in a statement.
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