$2 Trillion Waste In IT Systems? What are we doing?

Picture Source: https://www.linkedin.com/posts/narayana-rao-kvss-b608007_nearly-half-of-all-containers-are-using-less-activity-7156829204649574400-gf7n

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Reducing data collection, storage, processing and use costs 

July 31, 2020 - McKinsey  Article

https://www.mckinsey.com/business-functions/mckinsey-digital/our-insights/reducing-data-costs-without-jeopardizing-growth

Updates on 18.11.2021

Waste and inefficiency in outdated government IT systems.

A recent BBC article has drawn attention to the extraordinary amount of wasted expenditure on outdated IT systems in government. The article, drawn from a Cabinet Office report entitled ‘Organising for Digital Delivery’, notes that the government’s use of outdated technology – with some systems being over thirty years old.

The price tag for keeping many outdated systems alive is an astonishing £2.3 billion per year – almost half of the government’s £4.7 billion annual IT expenditure.

28 September 2021

https://www.information-age.com/waste-inefficiency-outdated-government-it-systems-123497039/

5 ways to avoid cloud waste

By Steven J. Vaughan-Nichols

|AUGUST 26, 2020

If you don't use clouds correctly, you can still lose money. Here's how to avoid those costly mistakes.

https://www.idginsiderpro.com/article/3569769/5-ways-to-avoid-cloud-waste.html

Most Activities in Enterprise Software do not bring actual business value - Waste in Enterprise IT

10 August 2019

Picture Source:

Waste in Enterprise IT

10 August 2019

https://openlowcode.com/waste-enterprise-it/

Data Centres typically generate a lot of heat - How to reduce energy waste?

As part of ‘Project Natick’, Microsoft has also acknowledged that data centres typically generate a lot of heat,

There are a few easy and relatively cheap steps you can make today to reduce energy waste within your data centre. 

July 19, 2018

https://www.itproportal.com/features/how-to-reduce-data-centre-energy-waste-without-sinking-it-into-the-sea/

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15 December 2012

The IT Revolution estimates that currently 20% of IT spend of $10 trillion can be the waste. This figure comes to $2 trillion. What are we doing?

http://itrevolution.com/manifesto/

Already IT spend analysis is a board room issue.

Leading consultants like Accenture are coming out with reports on IT cost control.

Productivity improvement and cost/waste reduction were taken up for investigation and advocacy by authors like Popendiecks.

Industrial engineers are into action. IIE has a blog IE in IT.

Collection of Articles/Reports dealing with IT Cost Reduction

    Boards Look for Efficiency With IT - November 2011
    http://www.directorship.com/boards-look-for-efficiency-with-it/
    IT Cost Reduction Initiatives:
    Cost Reduction in Imaging and Output infrastructure
    http://ievarunmitra.blogspot.in/2012/08/cutting-costs-and-maximizing-return-on.html
    IT Cost Reduction - Accenture insights  - 2012
    http://www.accenture.com/us-en/Pages/insight-it-cost-reductions-new-technologies.aspx
    Collection of articles on each opportunity mentioned in the Accenture article
    Information Technology Systems Cost Reduction
       


    Reducing the waste in the testing cycle
    http://mgmtvideo.blogspot.com/2012/09/reducing-waste-in-testing-cycle-youtube.html
    Federal Marketplace for Data Center Capacity - Webinar Video
    http://mgmtvideo.blogspot.com/2012/09/federal-marketplace-for-data-center.html

    Lean IT: Enabling and Sustaining Your Lean Transformation
    Google book
    http://books.google.co.in/books?id=3Si41XmQlXAC

    Lean Software Development and IT Enabled Services - Collection of Books and Articles - NRao
    http://nraoiekc.blogspot.com/2012/04/lean-software-development-and-it.html

Incorporating Deming, Goldratta Ideas in Computer Science - A Presentation
YouTube Video
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Ud. 27.1.2024, 6.1.2022