This is a very tricky issue, @Arnold Bautista, as it is hard distinguishing which one is which.
Sure, we have projects (Transform), but we have no way of identifying the IT infrastructure related to each of them.
Similarly, we haven't managed to distinguish between Run & Grow. How much of what we deploy is one vs. the other?
And that was on-prem.
What about the cloud? Arguably, ALL or our cloud spend should be Transform, as such is what we consider our migration program.
A very philosophical concept, IMHO.
Happy holidays and best wishes for 2023! 🌲🌲🌲