{"id":10,"date":"2005-10-06T20:14:29","date_gmt":"2005-10-07T00:14:29","guid":{"rendered":"http:\/\/www.montaraventures.com\/blog\/?p=10"},"modified":"2007-08-03T17:05:03","modified_gmt":"2007-08-04T00:05:03","slug":"83-of-it-projects-fail","status":"publish","type":"post","link":"https:\/\/montaraventures.com\/blog\/2005\/10\/06\/83-of-it-projects-fail\/","title":{"rendered":"83% of IT projects fail"},"content":{"rendered":"<p>\n83% of IT projects fail in one way or another (over budget and late for instance.) Today, the <a href=\"https:\/\/www.seebeyond.com\">SeeBeyond<\/a> folks gave a demo and overview to the software executive staff. They had a number of statistics they referenced:<\/p>\n<p>\n&#8211; 100 new IT projects started every hour<br \/>\n&#8211; 31% of all IT projects cancelled<br \/>\n&#8211; 53% of projects late and 189% of budget on average<br \/>\n&#8211; Resulting in an estimated $140B\/year in extra cost<\/p>\n<p>\nSource: <a href=\"https:\/\/www.standishgroup.com\/\">The Standish Group&#8217;s<\/a> Chaos Report.<\/p>\n<p>\nI don&#8217;t know about you, but I find those figures shocking. That after 40 years of concentrated effort around IT we don&#8217;t have a better success rate than 17% makes me wonder why businesses invest&#8230;.but I digress.<\/p>\n<p>\nOn the brighter side, the SeeBeyond acquisition brought significantly more to the table than I appreciated. The concept of <a href=\"https:\/\/looselycoupled.com\/glossary\/composite%20application\">composite application<\/a> brings significant business opportunity to the table for Sun and potentially, could help address the problems contributing to the rotten metrics enumerated above.<\/p>\n<p>\nI&#8217;m particularly pleased that the CNS <a href=\"https:\/\/sunwebcms.central.sun.com:8001\/sunweb\/cda\/mainAssembly\/0,2685,878833_27134,00.html\">Sun Connection Architecture<\/a> will easily adapt and in fact, thrive in the world of the composite app. Now, we&#8217;ve all got to get busy making sure we specify, design, plan, build, test, deploy, and operate them in an efficient manner. No small challenge.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>83% of IT projects fail in one way or another (over budget and late for instance.) Today, the SeeBeyond folks gave a demo and overview to the software executive staff. They had a number of statistics they referenced: &#8211; 100 new IT projects started every hour &#8211; 31% of all IT projects cancelled &#8211; 53% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,3,6],"tags":[],"_links":{"self":[{"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/posts\/10"}],"collection":[{"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/comments?post=10"}],"version-history":[{"count":0,"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/posts\/10\/revisions"}],"wp:attachment":[{"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/media?parent=10"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/categories?post=10"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/tags?post=10"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}