Over 40% of agentic AI projects will be scrapped by 2027, Gartner says

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More than 40% of agentic artificial intelligence projects will be canceled by the end of 2027 due to escalating costs and unclear business value, according to a report by ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/gartner” target=”_blank”>Gartner.

Why is it important?

Tech giants such as Salesforce and rel=”dofollow” href=”https://economictimes.indiatimes.com/oracle-financial-services-software-ltd/stocks/companyid-3160.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Oracle have embraced ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/ai-agents” target=”_blank”>AI agents, systems that can autonomously complete goals and take action, pouring billions into the technology in the hopes of boosting margins and optimizing costs. Many vendors are engaging in “agent washing” – the rebranding of products such as AI assistants and chatbots without significant…



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Over 40% of agentic AI projects will be scrapped by 2027, Gartner says


More than 40% of agentic artificial intelligence projects will be canceled by the end of 2027 due to escalating costs and unclear business value, according to a report by ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/gartner” target=”_blank”>Gartner.

Why is it important?

Tech giants such as Salesforce and rel=”dofollow” href=”https://economictimes.indiatimes.com/oracle-financial-services-software-ltd/stocks/companyid-3160.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Oracle have embraced ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/ai-agents” target=”_blank”>AI agents, systems that can autonomously complete goals and take action, pouring billions into the technology in the hopes of boosting margins and optimizing costs. Many vendors are engaging in “agent washing” – the rebranding of products such as AI assistants and chatbots without significant…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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