Digital transformation went into warp-speed with the start of the pandemic — effectively leapfrogging years, according to some analysts — and little has changed since then. In fact, enterprises are now pouring roughly $700 billion into digital transformation initiatives annually, and that figure is expected to increase by 46 percent in the next year alone.
Yet hoped-for returns on digital transformation projects, however, remain elusive for many tech companies. To maximize ROI and value, enterprise leaders in the space will have to be mindful of potential minefields, starting with these three.
