If failure is the norm, a 95% failure rate for AI projects isn't so shocking.

Suppose that 95% of enterprise AI transformations fail. How does that compare to the failure rate of normal enterprise IT projects? This might seem like a silly question for those unfamiliar with enterprise AI projects - whatever the failure rate, surely it can’t be close to 95%! Well. In 2016, Forbes interviewed the author of another study very much like the NANDA report, except about IT transformations in general, and found an 84% failure rate.