Shocking IT Project Statistics And The Advantage of Using a Proven Solution
70% of Digital Transformation (DT) projects did not reach their goals. [Source: Harvard Business Review]
Of the $1.3 trillion that was spent on DT last year, it was estimated that $900 billion went to waste. [Source: Forbes]
The failure rate of large IT projects with budgets exceeding $1 million was found to be almost 50% higher than for projects with budgets below $350,000. [Source: Gartner]
On average, large IT projects run 45 percent over budget while delivering 56 percent less value than predicted. [Source: Gartner]
This is why at Sunexo we focus on delivering a ready-to-go, proven solution with fixed pricing. Because every company should not be recreating the wheel.
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