Painful Legacy: Endava/IDC report shows that maintaining legacy systems is bearing huge costs for businesses

Endava, a leading provider of next-generation technology services, today launched an IDC InfoBrief, sponsored by Endava, Navigating the Digital Shift. The IDC InfoBrief explores how AI can unlock new potential for organisations, but only if they are supported by the right core infrastructure investments. Compiled from IDC surveys across Europe, APAC and the Middle East, the paper reveals that digital services revenue is set to rise by 44%, expanding from 34% to half (49%) of organisational revenue by 2029. However, the paper highlights an urgent need to modernise for greater operational efficiency. Half of all surveyed firms (49%) attribute overspending …

https://www.tahawultech.com/news/painful-legacy-endava-idc-report-shows-that-maintaining-legacy-systems-is-bearing-huge-costs-for-businesses/

Comments

Post a Comment

Popular posts from this blog

Lebanon joins global tech race with appointment of its first Ministry of AI

Lebanon has joined the global AI technology race, following the decision by the Lebanese government to form a new digital ministry that aims to transform governance, attract investors, and harness the power of diaspora innovation. In a landmark decision described as a turning point in public sector modernization, the Lebanese Council of Ministers has approved the draft law to establish the country’s first Ministry of Technology and Artificial Intelligence (MITAI), which now awaits parliamentary approval. The new ministry represents the country’s first institutional creation since 1993, following the Ministry of the Displaced. It marks the transformation of the existing State … https://www.tahawultech.com/news/lebanon-joins-global-tech-race-with-appointment-of-its-first-ministry-of-ai/
Read more