Mention the three start-ups success and failure of digital transformation?
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Startups can experience both success and failure in digital transformation. Success factors for startups include disrupting markets, leveraging digital technologies effectively, and having a clear advantage through digital transformation . On the other hand, failure in digital transformation can lead to poor transformation results, which are considered as transformation failures . Additionally, insufficient research on success factors of digital transformation can contribute to high failure rates among startups and SMEs, as they may lack proper guidelines for successful digital transformation, resulting in lagging behind in the competitive marketplace . Therefore, while startups have the potential to excel through digital transformation, they also face challenges that can impede their success if not addressed effectively.
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