Why do 70% of companies fail in digitalisation?
One example of a failed digitalization is the project of the global giant Nike in 2000. They invested about 400 million to upgrade their ERP system. But quality control problems and a tight development timeline led the project to negative results. Due to the failure, the system predicted product demand incorrectly: too many Air Garnett trainers were produced and the Air Jordan line models were in short supply. The system failed to correctly forecast balances and demand, causing the company to lose $100 million in revenue. Additionally, the company faced lawsuits and its stock price dropped 20 percent.
Today, moving to a digitised version of doing business is not just a fashionable trend, but a vital necessity for everyone. A company that doesn't pay attention to digital runs the risk of dropping out of the market altogether.
Digitalisation is a general term used to describe the digital transformation of society and the economy. It is also the transition from analogue technology and the industrial age to an era of knowledge and creativity, characterised by digital technology and business innovation, among other things.
https://oisetrade.pl/en/blog/c....ompanies-in-digitali

Company blog: Why do 70% of companies fail in digitalisation?
oisetrade.pl

Company blog: Why do 70% of companies fail in digitalisation?

One example of a failed digitalization is the project of the global giant Nike in 2000. They invested about 400 million to upgrade their ERP system.
About

We have assembled an effective team from different industries of the business to offer you best practices for customer experience, data discovery and processing, and strategic forecasting for 10 years to come. By selecting an individual set of services for you, the proposed options will perfectly describe your situation and allow you to implement a quick solution. You can see the first positive results after the first weeks of working with us. If you do not want to go through a long path of development from the very beginning, making typical mistakes, then you can definitely rely on the help of our specialists in the implementation of the planned plans.

Our approach is based on the rationality of each decision made. We appreciate our employees for their independence, but absolutely always everyone acts as a single team. Each of our clients is perceived within the team as a member of this team. The team always acts together. You can be sure of each decision made, since instea

Install Palscity app