Business · Updated 20 Oct, 01:46 pm IST
Vendor-driven software costs squeeze enterprise AI budgets, report finds
Why it matters for readers: It explains one practical reason businesses delay or cancel AI projects despite interest.
- Vendor-driven software upgrades, migrations and licensing changes take up an average of 28% of enterprise software budgets, the report found.1
- 95% of respondents said their organisation had paid for a vendor-driven change in the past three years that they believed would reduce performance, reliability or business value.1
- Vendor-driven costs were a major factor in slowing, pausing or cancelling AI or data programmes for 34% of respondents and a moderate factor for 56%.1
- The survey polled 2,018 senior IT decision-makers in the United States and the United Kingdom.1
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