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  • Businesses in Singapore Remain Confident about Digital Transformation, but Worry about Progress with Digital Technology Singapore, Singapore, February 20, 2018 - Although businesses recognize the importance of digital transformation, organizations worldwide are struggling to balance the elements needed to deliver on digital. Fujitsu’s latest report, the Digital Transformation PACT, which surveyed 1,625 global business leaders found that one in three (33%) has cancelled a project in the last two years at a cost of SGD689,659 (€423,000), while one in four (28%) has experienced a failed project costing SGD904,872(€555,000). 82 percent of businesses say that their customers expect them to be more digital, while 71 percent believe that they are behind their competitors. Ultimately, two in three (66%) believe that they will lose customers relative to their competitors as a result of digital transformation.