Failure factors of AI projects: results from expert interviews

Detalhes bibliográficos
Autor(a) principal: Schlegel, Dennis
Data de Publicação: 2023
Outros Autores: Schuler, Kajetan, Westenberger, Jens
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: https://doi.org/10.12821/ijispm110302
Resumo: In the last few years, business firms have substantially invested into the artificial intelligence (AI) technology. However, according to several studies, a significant percentage of AI projects fail or do not deliver business value. Due to the specific characteristics of AI projects, the existing body of knowledge about success and failure of information systems (IS) projects in general may not be transferrable to the context of AI. Therefore, the objective of our research has been to identify factors that can lead to AI project failure. Based on interviews with AI experts, this article identifies and discusses 12 factors that can lead to project failure. The factors can be further classified into five categories: unrealistic expectations, use case related issues, organizational constraints, lack of key resources, and technological issues. This research contributes to knowledge by providing new empirical data and synthesizing the results with related findings from prior studies. Our results have important managerial implications for firms that aim to adopt AI by helping the organizations to anticipate and actively manage risks in order to increase the chances of project success.
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spelling Failure factors of AI projects: results from expert interviewsAIartificial intelligencemachine learningMLfailuresuccessIn the last few years, business firms have substantially invested into the artificial intelligence (AI) technology. However, according to several studies, a significant percentage of AI projects fail or do not deliver business value. Due to the specific characteristics of AI projects, the existing body of knowledge about success and failure of information systems (IS) projects in general may not be transferrable to the context of AI. Therefore, the objective of our research has been to identify factors that can lead to AI project failure. Based on interviews with AI experts, this article identifies and discusses 12 factors that can lead to project failure. The factors can be further classified into five categories: unrealistic expectations, use case related issues, organizational constraints, lack of key resources, and technological issues. This research contributes to knowledge by providing new empirical data and synthesizing the results with related findings from prior studies. Our results have important managerial implications for firms that aim to adopt AI by helping the organizations to anticipate and actively manage risks in order to increase the chances of project success.UMinho Editora2023-10-04info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttps://doi.org/10.12821/ijispm110302https://doi.org/10.12821/ijispm110302International Journal of Information Systems and Project Management; Vol. 11 N.º 3 (2023); 25-40International Journal of Information Systems and Project Management; Vol. 11 No. 3 (2023); 25-402182-7788reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAPenghttps://revistas.uminho.pt/index.php/ijispm/article/view/5358https://revistas.uminho.pt/index.php/ijispm/article/view/5358/5907Schlegel, DennisSchuler, KajetanWestenberger, Jensinfo:eu-repo/semantics/openAccess2023-12-09T09:30:19Zoai:journals.uminho.pt:article/5358Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T20:33:48.012148Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Failure factors of AI projects: results from expert interviews
title Failure factors of AI projects: results from expert interviews
spellingShingle Failure factors of AI projects: results from expert interviews
Schlegel, Dennis
AI
artificial intelligence
machine learning
ML
failure
success
title_short Failure factors of AI projects: results from expert interviews
title_full Failure factors of AI projects: results from expert interviews
title_fullStr Failure factors of AI projects: results from expert interviews
title_full_unstemmed Failure factors of AI projects: results from expert interviews
title_sort Failure factors of AI projects: results from expert interviews
author Schlegel, Dennis
author_facet Schlegel, Dennis
Schuler, Kajetan
Westenberger, Jens
author_role author
author2 Schuler, Kajetan
Westenberger, Jens
author2_role author
author
dc.contributor.author.fl_str_mv Schlegel, Dennis
Schuler, Kajetan
Westenberger, Jens
dc.subject.por.fl_str_mv AI
artificial intelligence
machine learning
ML
failure
success
topic AI
artificial intelligence
machine learning
ML
failure
success
description In the last few years, business firms have substantially invested into the artificial intelligence (AI) technology. However, according to several studies, a significant percentage of AI projects fail or do not deliver business value. Due to the specific characteristics of AI projects, the existing body of knowledge about success and failure of information systems (IS) projects in general may not be transferrable to the context of AI. Therefore, the objective of our research has been to identify factors that can lead to AI project failure. Based on interviews with AI experts, this article identifies and discusses 12 factors that can lead to project failure. The factors can be further classified into five categories: unrealistic expectations, use case related issues, organizational constraints, lack of key resources, and technological issues. This research contributes to knowledge by providing new empirical data and synthesizing the results with related findings from prior studies. Our results have important managerial implications for firms that aim to adopt AI by helping the organizations to anticipate and actively manage risks in order to increase the chances of project success.
publishDate 2023
dc.date.none.fl_str_mv 2023-10-04
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
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status_str publishedVersion
dc.identifier.uri.fl_str_mv https://doi.org/10.12821/ijispm110302
https://doi.org/10.12821/ijispm110302
url https://doi.org/10.12821/ijispm110302
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv https://revistas.uminho.pt/index.php/ijispm/article/view/5358
https://revistas.uminho.pt/index.php/ijispm/article/view/5358/5907
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
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dc.publisher.none.fl_str_mv UMinho Editora
publisher.none.fl_str_mv UMinho Editora
dc.source.none.fl_str_mv International Journal of Information Systems and Project Management; Vol. 11 N.º 3 (2023); 25-40
International Journal of Information Systems and Project Management; Vol. 11 No. 3 (2023); 25-40
2182-7788
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
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instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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