And that is the problem. There is enormous activity and churn that makes IT people feel they are progressing and being effective, but if the output is the same stuff in a different colored packet, it's a failure.
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I work with small to medium sized businesses where the owners are using their children's tuition money to fund my projects, so let's just say that they have to see a pretty good return before deciding to go ahead.
I see many examples of what Bob Davies used to call "the technology treadmill" in the large corporate world, but almost none in my space.
Because of their lightweight corporate structures, these companies can be more nimble and do things in days and weeks that their larger counterparts would take years to do, if they did it at all.
Last year I was asked by a relatively small client to look into a request from a customer, a international company, to collect some data on a web site and forward it to an FTP site.
I was able to find some .NET utilities that did exactly what they needed and put them into use in a few hours.
My customer's business with that international customer has increased more than a hundred-fold since then, because none its more ponderous competitors could comply.

By contrast I'm amused when I see job requirements for nonsense like Agile, blah, blah.
It's those behemoths that are pursuing that gibberish that my little clients are picking off.