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One Expert Pegs Yearly Cost of IT Failure At $6.2 Trillion

Posted by timothy on from the but-what's-the-cost-of-preventing-it? dept.

blognoggle writes "Roger Sessions, a noted author and expert on complexity, developed a model for calculating the total global cost of IT failure. Roger describes his approach in a white paper titled The IT Complexity Crisis: Danger and Opportunity. He concludes that IT failure costs the global economy a staggering $6.2 trillion per year."

9 of 242 comments (clear)

  1. Simple solution, put it into the cloud by alen · · Score: 4, Funny

    and it will magically work the way it's supposed to work

  2. They should have tried by vandelais · · Score: 5, Funny

    turning it off and on again.

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    Game: Player 'Donald J Trump' now has AI skill level 'experimental'.
  3. A sad day. by fuzzyfuzzyfungus · · Score: 4, Funny

    His failure to title the report "The IT Complexity Crisis: Epic Fail" saddens the hearts of all good men and patriots.

  4. Re:Hang on a second... by TheKidWho · · Score: 2, Funny

    This just in, Employee Time Off costs the world $60+ Trillion a year, analyst suggests 16 hour work days.

  5. Re:Something's wrong with adblock by JustOK · · Score: 2, Funny

    Oh, Tanenbaum.

    Perhaps wikipedia doesn't save Sessions info between uses?

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    rewriting history since 2109
  6. Re:Weird statistic... by Anonymous Coward · · Score: 1, Funny

    None, of course! Stupid cost centers, with those geeks always inflating their budgets for shiny new tech toys...

  7. Oh Yeah? by BigBlueOx · · Score: 2, Funny

    Well *I* am not only a noted expert on complexity but a specialist in improbability and a noted chaos activist (having a doctorate in activism) and *I* say that IT errors cost TEN QUINZILLION DOLLARS so pay attention to me me me.

  8. Pathetic by oldhack · · Score: 5, Funny

    Mgmt blames the devs, and devs blame the mgmt, and both get modded "insightful".

    It's like watching hot naked babes wrestling in the mud, except that it's the exact opposite.

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    Fuck systemd. Fuck Redhat. Fuck Soylent, too. Wait, scratch the last one.
  9. Re:Can't argue with the math by ceoyoyo · · Score: 2, Funny

    "I expected someone would have checked the math before posting this kind of story on Slashdot"

    Seriously? This story had some math, even if it was made up. That's way ahead of the usual.