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One interesting statement: "Most of the companies that I have worked with over the past 25 years are spending 95% of their IT budget (and usually even higher!)
by pasttense01 7y ago
One interesting statement:
"Most of the companies that I have worked with over the past 25 years are spending 95% of their IT budget (and usually even higher!) just to keep old stuff running."
This is an awfully high number. Anyone care to give their best guess as to what the actual number is for companies in general?
- cpurdy 7y ago> "95% ... This is an awfully high number. Anyone care to give their best guess as to what the actual number is for companies in general?" The numbers that managing directors have shared with me are much higher than that, and the only "official" number I've seen (years back) was also slightly higher than that (96%? 98%?), but when I tried to find the article (so that I could cite it), I failed to find it, so I made an unsubstantiated claim with an arbitrarily more conservative number. Please keep in mind that, at the time, I worked at Oracle, which is at least 23% responsible for taking that 95%+ of the IT budget. I carefully documented that here: https://www.quora.com/What-would-Oracle-database-cost-for-a-company-like-Google/answer/Cameron-Purdy https://www.quora.com/What-would-Oracle-database-cost-for-a-... (Please don't ask me to defend the 23% number; I just made it up to be humorous.)