84% of large enterprises have cancelled an AI project because of legacy systems
The AI project that never ships rarely makes headlines, but it is becoming one of the most expensive habits in enterprise technology.
A new study by GFT Technologies and Wakefield Research, which surveyed 945 CIOs and CTOs across 19 countries at organisations with annual revenues of at least $500m, finds that 84% have cancelled at least one AI pilot or project because of limitations in their legacy systems. For 22%, it has happened more than once. Almost all respondents (95%) say legacy technology delays their ability to deploy and scale AI, and 56% describe that delay as moderate or major.
The picture is of a technology industry that has bought the engine before checking the chassis.
Not an isolated finding
The GFT numbers fit a pattern that analyst firms have been describing for some time. Gartner forecast that over 40% of agentic AI projects will be cancelled by the end...
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