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UK WASTING £37 BILLION A YEAR ON FAILED AGILE IT PROJECTS
British business is set to waste an estimated £37 billion on failed Agile IT projects over the course of the next 12 months, according to a new report from independent IT consultancy 6point6 released in May 2017.
6point6 commissioned a survey of 300 CIOs in the UK and the US to examine their experiences of Agile and measure how successfully the principles of Agile are being applied and executed. The organisations taking part employed approximately 1,300 people on average with revenues of £127m.
Chris Porter, CTO and co-founder of 6point6 and one of the authors of the report said: “Agile IT in the UK is facing a hidden crisis - 12% of Agile projects are failing completely. CIOs tell us they expect to undertake six agile projects next year, one in twelve of which will fail completely. Given there are about 6,000 CIOs in the UK and that the average Agile IT projects costs approximately £8 million, that represents a huge amount of waste. The truth is that despite the hype, Agile development doesn’t always work in practice.”
The report did also uncover some good news for the UK tech industry. While the rate of complete failure of Agile projects was 12% in the UK - in the US, CIO’s report 21% of Agile projects result in complete failure.
We have examined the industry through the eyes of its leaders in an attempt to understand the modern reality of Agile IT delivery.
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