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AI News43% of Enterprise AI Initiatives May Fail as Firms Rush Deployments, Says HCLTech Report
2:54 PM IST · May 21, 2026
As enterprises race to deploy AI at scale, nearly half of large AI initiatives risk failure due to weak governance, legacy systems and poor workforce readiness, according to the report.
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‘Future engineering teams could evolve towards smaller, agile structures as AI tools become more deeply integrated into software development and engineering workflows’.
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Wipro will acquire an additional 20% stake in Aggne Global Inc., taking its holding to 80%, as it deepens its push into AI-led transformation services for the insurance sector.
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ZoomMate can search enterprise data, automate workflows, generate presentations and reports and perform actions across platforms such as Salesforce, Jira, Slack, ServiceNow, Google Workspace and Microsoft tools.
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The company estimates a $4.5 trillion gap between AI’s potential and the results enterprises are currently achieving.
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