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

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."

Comments

Re:incompetence

[ozmanjusri]

Does this mean that IT people are generally incompetent?

' No, it means that the monopoly provider of the world's computer desktop software is greedy and takes profits at the expense of progress, interoperability and stability.