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Companies Struggle to Scale Agentic AI as Data Gaps and Governance Hurdles Mount

Companies Struggle to Scale Agentic AI as Data Gaps and Governance Hurdles Mount TechRadar
Investment in agentic AI is soaring, with McKinsey projecting the market to jump from $5‑7 billion in 2024 to over $199 billion by 2034. Yet pilots are faltering: Gartner forecasts more than 40% of projects will be cancelled by 2027, and Qlik reports only 18% of organizations have fully deployed the technology despite 97% allocating budgets. Executives cite fragmented data, unclear ownership and weak governance as the primary roadblocks. Experts warn that without solid data foundations and clear accountability, the promise of AI‑driven business automation will remain out of reach. Read more →