Comment by Jean-Papoulos
3 days ago
>Global IT spending has more than tripled in constant 2025 dollars since 2005, from US $1.7 trillion to $5.6 trillion, and continues to rise. Despite additional spending, software success rates have not markedly improved in the past two decades.
Okay but how much more software is used ? If IT spending has tripled since 2005 but we use 10x more software I'd say the trend is good.
Success rates imply a ratio. Constant dollars are adjusted.
Yes there is a lot more spending overall. But nothing improved quality wise, despite everyone in software somehow says they "make software better". (Which is phrased by people that don't do software, but own it.)
The point is not that the growth of IT spending is bad. That was just to show the scale of spending. The point of the article is that, a billion spent on software could well lead to a loss of hundred billion.