Why is software maintenance so expensive?

When we purchase a piece of software – even as a service – we tend to think that the major expense is finished with the purchase price.  But it’s not true.  Whether you buy, build your own, or rent software, it always costs more in ongoing expenses than the initial price.  Why? Developing software is […]

Risk Management in IT

Risk management is a key area for financial leaders. When we look at IT development projects, we’re usually focused on opportunities rather than risks. But IT investments have risks beyond security and privacy issues. Project failure can lead to losses even beyond the intended investment. Here are seven ways to look at IT development projects from a risk management point of view.