Businesses in the UK will waste £37 billion on failed agile IT projects in the next 12 months, according to a new report from 6point6. The report is based on a poll of 300 UK and US CIOs. They were asked about their experiences with agile, and how its principles are being applied and executed. More than half of CIOs (53 percent) see agile development as "discredited," and three quarters (75 percent) don’t even want to defend it any more. Seventy-three percent of CIOs think agile IT is its own industry now, and 50 percent consider it an "IT fad."…
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