Enterprises keep betting on coding agents despite lackluster results
An article from
Dive Brief
Most businesses are overrunning their AI budgets as software teams rely more heavily on automated coding, according to McKinsey.
Published Sept. 22, 2026
This audio is auto-generated. Please let us know if you have feedback.
Dive Brief:
- Most enterprises are exceeding their AI budgets as agents and agentic software development usage boomed over the last year, according to a McKinsey report published last week. The research company collected data from search engine queries, news articles, patents, research publications, equity investment and talent demand for its report.
- While agentic software development is becoming standard practice in enterprises, its ubiquity isn’t yet showing results. Only one-quarter of companies said the tools have achieved meaningful acceleration in their product development life cycles, and in 30% of companies, productivity fell after teams began using agentic AI, the report found.
- “To capture the value from these tools, the...
Copyright of this story solely belongs to www.ciodive.com. To see the full text click HERE
