Forbes October 11, 2024
Brendan Hooft, CEO & Managing Partner of ESPER.
According to the World Economic Forum, “As the global economy rapidly digitalizes, an estimated 70% of new value created over the coming decade will be based on digitally-enabled platform business.” The positive impact and transformational potential of digital remains exponential and largely undisputed.
According to the Harvard Business Review, 89% of large entities globally have a digital and AI transformation underway, but they have unfortunately only captured 31% of the expected revenue lift and 25% of expected cost savings. Discouragingly, McKinsey, BCG, KPMG and Bain & Company agree that the risk of failure falls somewhere between 70% and 95%. BCG shares that an overwhelming 65% are falling behind in building the full...
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