Companies Expect IT Projects To Fail
January 3, 2008A new study done by Tata Consultancy Services (TCS) revealed some eyebrow-raising stats on the success (or lack thereof) of IT services projects.
According to TCS’ first annual survey on IT services delivery:
- 62 percent of organizations experienced IT projects that failed to meet their schedules;
- 49 percent suffered from budget overruns;
- 47 percent had higher-than-expected maintenance costs; and
- 41 percent failed to deliver the expected business value and ROI.
I smell opportunities for forward-thinking IT service delivery providers.
Check out the full summary on TCS's Web site: http://www.tcs.com/AboutUs/Research_survey.html
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