According to reports, 25 percent of technology projects fail outright; 20 to 25 percent don’t show any return on investment; and as much as 50 percent need massive reworking by the time they’re finished.
But the question is why: Why do so many technology projects fail — and fail so miserably? From my experience, it’s usually not tech problems that derail tech projects. In fact, 54 percent of IT project failures can be attributed to poor management — while only 3 percent are due to technological problems.
Founded by a small group of young techies in 2012 after a series of leadership roles in small, high growth technology product companies, RoboCore has seen a few lives.
Originally run under a different brand, the group focused on marketing technology and provided marketing services coupled with related technology. This business grew and was acqui-hired by the then largest client to become a full time internal product development team in 2015.
Eventually, the company sold a copy of it’s successful “RoboCore” product in 2021 and tuned down to focus on very few, high value startups. Today, we do very few projects but focus on those few companies that see eye to eye and can scale to large acquisition targets.