The rise of Internet technology has forced IT to adopt new methods that inherently combat the issues leading to failed projects. Delivering web systems rapidly to a geographically dispersed customer base is requiring dramatic changes to the way software is constructed and managed.
Today’s new economic structure is characterized by compressed business cycles. Companies are increasingly under pressure to launch new products or services in mere months from conceptualization. In the war of business, bringing new IT solutions to bear on the market is not just a perk—it is a business necessity.
Businesses must adapt to new Agile ways of managing projects—or go out of business. The 60% failure rate is simply no longer a viable option.