Poor Software Quality Costs the United States How Much?
Presented on January 27, 2021
This webinar will introduce The Cost of Poor Software Quality in the US: A 2020 Report published in January by CISQ. The report estimates that poor software quality cost the United States economy over $2 trillion in 2020 due to operational software failures, poor quality legacy systems, and unsuccessful projects. Compared to the country’s projected Gross Domestic Product (GDP) of $20.66 trillion, or the $1.4 trillion spent on employing IT/software professionals in 2020, it represents a staggering amount of wasted resources. We also highlight the rapidly growing costs of cybersecurity failures and software technical debt. The trends and enablers of these growing costs are discussed.
Author, Herb Krasner, will introduce the important findings in the report, which is full of facts, figures, case histories, references, and specific recommendations for how and where to find these burdensome costs and how to prevent or avoid them.