The benefits of digital transformation are undeniable. The World Economic Forum predicts digital transformation initiatives will lead to more than $320 billion USD of value for the mining and metals industries in productivity gains, energy and fuel savings, and safety.
But no one is talking about the fact that most digital transformation initiatives fail before they’re fully implemented. The problem isn’t isolated to the heavy industries: a recent Gartner study showed that 85% of big data projects fail across all market segments.
This paper will examine the main roadblocks encountered in digital transformation projects and propose a strategic approach for executing and scaling digital initiatives.