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New research from Fujitsu shows that digital transformation can’t be achieved through technology alone.

A report published today (20 October) by Fujitsu Ireland shows that four in 10 business decision-makers in medium-to-large Irish firms surveyed have cancelled a digital project in the last two years at an average cost of €137,625, while 20pc of those surveyed had experienced a failed project that set their business back an average of €831,500.

While project failure rates in Ireland are lower than the average for all surveyed countries, the failed projects come at a higher individual cost than the global sum of €555,000.