Economist.com: The software-development industry - Managing Complexity
It's strange that, even before the boom and bust, similar figures were being touted about software development projects (when I was at Uni I think it was 55% of IT projects that failed). So what did the Internet boom and subsequent bust teach us? Nothing, it seems. There was so much innovation to do, that boring basics like ensured delivery were in few software providers' interests, and the customers' expectations were kept focused on the innovations. Nice to see the industry is starting to settle down and address the age-old problem.
Or is it? I wonder whether lifecycle tools and agile methods will address the fundamental issue of software invisibility. Also, unless such tools can be seamlessly integrated to other tools, like project management tools, the usual communication issues will continue to exist.