Enterprise Spending

Approach to software has not changed since the introduction of the compiler in 1952!

Projects create many documents in parallel to code while utilising dozens of misaligned tools. Accumulatively, weakening the underlying principals and contributing to the growing cost of technology.

After 7 to 15 years, the hardware is outdated; and the process repeats.

All contributing to the growing burden of ageing software technology, as shown by many research. Chaos Report by Standish Group, based on a sample of 1,995 US companies and government agencies reports:

84% of technology initiates fail to deliver on projected time, budget and quality.

On average, 53% of initiatives delivered 61% of capabilities while costing 289%.

Consequently, the global enterprise software spending has been doubling every decade. Statista projects, global enterprise software spending of $507 bn in 2020 is to grow to $560 bn by 2021.

Since the newly delivered system never provides the full functional capabilities of its predecessor, enterprises retain their legacy systems; adding to the complexity and the cost of technological solutions.

This trajectory is unsustainable.The time is now to move towards a sustainable circular technology.

Let’s discuss and collaborate to build a better future,

Sally M Solaymantash