Poor IT purchase planning ‘wastes $500bn worldwide’
3 April 2012
Businesses worldwide wasted more than $500 billion through poorly planned IT purchases last year, says a leading analyst.
Poor forecasting and a reluctance to abandon failing projects wastes a fifth of firms’ IT budgets, says a study of IT patterns across Gartner’s global database of 11,500 organisations.
Gartner found that many businesses lack the tools to compare different purchasing and licensing options and often have several overlapping agreements.
It argues that in...