Firms `wasting $28m on flawed digital projects´
(WorldNews Germany)

More than half of organizations say that a fixation on transformation is raising risk of wasteful projects, as 86 percent see next 12 months as a critical period for businesses, according to new research. The research from Couchbase polled 450 heads of digital transformation in enterprises across the US, UK, France and Germany. It found 52 percent said a fixation on digital transformation had raised the risk of rushing into ill-thought-out projects, meaning that much of their average planned spend of $28 million in the next 12 months could be wasted. This risk of rushing in is being driven by mounting pressure to transform: 85 percent of respondents said disruption in their industry has...