Big Data: Preventing Big Failures

IT projects break bad all the time. At their worst, they even cause companies to go belly up and high-profile lawsuits.

Google "IT project failures" and you can spend weeks reading horror stories such as the ones referenced above. In fact, failure is the rule, not the exception. In 2012, the Standish Group reported that only 39 percent of software projects were considered “successful.”

Yawn.

Statistics like these are old hat. Those numbers may even be a tad understated, much akin to hacking data. Chief execs don't like to admit that their pet projects failed.