Not saying it is that bad, just confirming that agile hasn't lived up to the promises as most companies aren't willing to go all way in.
Which is understandable, because according to my experience it is very hard to fit all departments into an agile concept, specially in companies which aren't focused on selling software.
Then you also get stuff like 100% unit test coverage for beautiful management reports, which blows up development costs, as some teams spend more time writing mocks and trying to find ways to test UI code than actually writing product code.