Digital transformation initiatives face a high failure rate—about 70% to 84%—due to factors like unclear goals, lack of leadership alignment, resistance to change, insufficient training, and inadequate technology. Only around 16% to 30% of organizations report sustained success and improved performance from these efforts. Challenges include poor strategy, cultural resistance, complex infrastructures, and selecting unsuitable technologies. Despite these hurdles, companies embracing digital transformation can achieve up to 26% higher profitability. Success depends on strong executive commitment, clear objectives, effective change management, employee upskilling, and continuous adaptation to evolving technologies.

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