South Africa, April 2 -- Despite the enormous potential of new technologies, the majority of transformation programmes struggle to deliver lasting value.

According to Dr Pierre le Roux, managing director of digital consulting firm Moyo, the high failure rate of transformation initiatives is not a new phenomenon and long predates the current wave of excitement around artificial intelligence.

"We are living in a time of extraordinary technological possibility," says Le Roux. "Yet if you look at the track record of strategy execution, digital transformation programmes and large IT initiatives, the success rate has historically been far lower than most organisations would like to admit."

He says artificial intelligence is now experiencing ...