Posts by William Wood
Information Technology Systems Modernization
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William Wood
Legacy systems represent a massive operations and maintenance (O&M) expense. According to a recent study, 75 percent of North American and European enterprise information technology (IT) budgets are expended on ongoing O&M, leaving a mere 25 percent for new investments. Another study found nearly three quarters of the U.S. federal IT budget is spent supporting legacy systems. For decades, the Department of Defense (DoD) has been attempting to modernize about 2,200 business systems, which are...
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