An interesting piece –
“Large companies
often spend a good deal of money on cultivating their technology, but a new
study suggests nearly 70 percent of what they spend may be misallocated.
In a study, Genpact
Research Institute recently found that, of nearly $600 billion spent on digital
projects, almost $400 billion of it was invested in projects that fall short of
expectations and returns on investment (ROI). In fact, much of what companies
invest in technology sustains existing, or "legacy" systems, rather
than new technology, the report found.”