While ‘digital transformation’ claims to be a magic wand for businesses needing innovation, the truth is that more than two-thirds of all digital transformation efforts end up failing. Others are left in ‘pilot purgatory’: according to the World Economic Forum, more than 70 per cent of industrial businesses are stuck here.
The answer to scalable, sustainable success? Collaboration. Partners, platforms and co-innovation ecosystems amount to profits for all the players – and planetary positivity. Partnerships are the key to sustainability innovation in a digital world. Here’s why.
To improve profitability, sustainability, customer experience or other objectives of an organisation’s transformation, it’s crucial that they innovate in partnership with technology providers. This need is particularly acute when it comes to successfully going beyond digital pilot projects – according to the World Economic Forum, more than 70 per cent of industrial businesses...