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IT Inefficiencies Impact: Delivery Stats
Navigating decisions in the IT field is challenging. Lack of informed decisions translates into huge financial losses for organizations.
More than $2T investment losses in IT projects in the US.
83.8% of IT projects failed to be completed on time and/or within budget.
Up to 60% of time, teams are wasting due to inefficient processes and communication.
Only 16.2% of IT projects were completed on time and on budget
Even in projects completed within the planned time and budget, a substantial portion of resources is allocated to bug fixing, reworks, and inefficient communications.
Sources:
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