30% GenAI projects will be dropped after proof of concept by 2025 end: Gartner

Research and consulting firm Gartner Monday said at least 30% of generative AI (GenAI) projects will be abandoned after proof of concept by the end of 2025.

It highlighted that poor data quality, inadequate risk controls, escalating costs or unclear business value are some of the reasons that will impede these pilots. This comes at a time when many IT services firms such as Accenture, TCS, Infosys, Cognizant and Capgemini are ramping up GenAI pilot projects to open new revenue streams by taking them to production stage.