In 2008, IBM reported that 60% of IT projects fail. In 2009, ZDNet reported that 68% of software projects fail.
By 2018, Information Age reported that number had worsened to 71% of software projects being considered failures. Deloitte characterized our failure rate as “appalling.” It warns that 75% of Enterprise Resource Planning projects fail, and Smart Insights reveals that 84% of digital transformation projects fail.
In 2017 Tech Republic reported that big data projects fail 85% of the time.
According to McKinsey, 17% of the time, IT projects go so badly that they threaten the company’s very existence.
Hewitt, Eben. Semantic Software Design