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Moneycontrol India: Tiemann's 'One Throat to Choke' Concept

Aug 24, 2006, 16:30 (1 Talkback[s])

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"IT is vital to the functioning of modern companies and critical to the modern economy. 'However, the current software technologies supplied to Fortune 500 companies are causing them to forfeit 10% of their profits, this figure does go up to 15% for public sector IT companies. So the choice is clear, we need to stop delivering terrible software,' President (Open Source Initiative) and Vice President (Open Source Affairs), Red Hat Inc., Michael Tiemann told moneycontrol.

"Industry statistics (CIO Insight survey) show that basic software quality is declining as costs rise suggesting that the more companies spend on IT, the less valuable it gets..."

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