Alfredo writes...
> Morgan Stanley estimates that U.S. companies threw away $130
> billion in the past two years on unneeded software and other
> technology, according to its study of 25 years of tech
> spending.

Sounds like a lot, but...

> Worldwide, companies waste as much as 20% of the
> $2.7 trillion spent annually on tech, estimates research firm
> Gartner, which is based in Stamford, Conn.

So they're saying that at least 80% of the money is being well spent?  That
sounds pretty good to me, considering how unstable and prone to change this
industry is.

According to the blurb on the back of the Antipatterns book (sorry about the
wrap):

http://www.amazon.com/exec/obidos/tg/stores/detail/-/books/0471197130/jumbo-
reader/52/104-8683536-5769532

* Nearly one-third of all software projects are cancelled.
* Two-thirds of all software projects encounter cost overruns
  in excess of 200%.
* Over 80% of all software projects are deemed failures.

So, yeah, I think achieving only 20% wastage in IT spending sounds quite
good :-)

G.

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