Tag: Waste

The Many Ways Companies Waste Money With Technology Spending

Companies spend a lot of money on technology. They waste a lot, too.

It happens for all sorts of reasons. Maybe they are chasing the latest shiny new thing. Or they misunderstand what consumers want. Or they build something new rather than buy off the shelf.

Whatever the reason, the likelihood of spending mistakes is greater than ever, as the pandemic has made companies scramble even faster for new tools, to accommodate people rushing to work from home. Worldwide IT spending is expected to reach $3.9 trillion this year, up 6% from last year, according to

Gartner Inc.,

a research

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