70% of organisations face challenges in digital transformation

70% of organisations face challenges in digital transformation

Middle East, February 28, 2021: Over the last decade, the evolution of high-speed connectivity and the pace of changing preferences across demographics have driven the demand for services and solutions that are delivered faster and easy to access. However, the impact of the ongoing pandemic on businesses has been felt across every sector and the majority of companies are experiencing difficulties as they attempt to regain control of their top and bottom lines, according to a new report by Boston Consulting Group (BCG). The report, titled 'The Five Imperatives of a Successful Digital Transformation', stresses that while recent events have propelled the urgency to transition to digital, they have also exacerbated the risks and challenges already facing organisations.

As per BCG research, approximately 70 percent of organisations globally have failed or are falling short in their digital transformation attempts, and Middle Eastern organisations are also facing similar challenges. Companies are unprepared for the complexities that accompany such a journey. Questions concerning how to set up governance, infrastructure, and technology frequently arise, while adopting new ways of working and different organisational cultures are, more