IT (Information Technology) projects are often challenging to implement, say with ERP (Enterprise Resource Planning) and CRM (Customer Relationship Management) systems. It’s common for organizations to suffer disappointing returns on investment.
But when it comes to AI implementations, the failure rates are much higher among IT projects. Just look at a survey from Altair.1 About 33% of the respondents said that more than half of their AI projects never reached production and 55% indicated ...