Amazon launches AWS BugBust to spur adoption of AI-powered coding tools

Where does your enterprise stand on the AI adoption curve? Take our AI survey to find out. Software failures are expensive -- and on the rise. An estimated 19% to 23% of software development projects fail, and Standish Group found that "challenged" projects -- i.e., those that fail to meet scope, time, or budget expectations -- account for about 52% of software projects. According to a joint project by Undo and Cambridge Judge Business School, these bugs cost enterprises about $61 billion annually, and around 620 million developer hours are wasted on debugging.