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Published on November 6th, 2017 | by Nick Fitzgerald

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Fujitsu Study Highlights How Supply Chains Are Struggling With Digital Transformation

A recent study from Fujitsu highlights how supply chains are struggling to keep up with the digital era.

“The Digital Information PACT” analyses how businesses understand the transformative power of technology but are struggling to keep the four strategic elements required to transform people, actions, collaboration and technology (PACT).

Over 1,600 organisations worldwide were assessed on how they manage the four strategic elements required for successful digital transformation mentioned above.

The key findings were:

  • Almost half (46%) of all organisations have
    already delivered digital transformation projects
    and seen outcomes delivered from these.
  • Customers (58%) are the biggest drivers for digital
    transformation.
  • The ‘Actions’ taken by a business, i.e. having the
    right processes, attitudes and behaviors within
    the organisation, is the most important criteria for
    achieving digital success (32%).
  •  Digital transformation is expected to deliver both
    operational and financial results within 18 months
    on average.
  • A third (33%) of organisations have cancelled a
    digital transformation project in the past
    two years.
  • The average cost of a failed project is more
    than €500,000.

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