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Madrona survey: 77% of enterprises re-evaluate AI vendors every six months

A new Madrona Venture Group survey of 150 enterprise IT professionals finds that most companies review their AI vendor choices twice a year or continuously, rather than locking into multi-year deals as they did with traditional SaaS. The report also shows fewer than half of enterprise AI pilots reach full production, though that marks an improvement over MIT's earlier finding of a 95% failure rate.