CISQ Report Estimates Poor Software Quality Cost U.S. Companies $2.08 Trillion in 2020

    On January 1, 2020, Consortium for Information & Software Quality (CISQ) released a 2020 report entitled The Cost of Poor Software Quality in the US, in which they estimated the total cost of poor software quality (CPSQ) in the U.S. in 2020 was $2.08 trillion.

    Researchers found that the largest contributor to CPSQ was “operational software failure,” which includes data privacy and security failures, and cost approximately $1.56 trillion in 2020. Legacy system failures cost U.S. companies an estimated $520 billion, while development project failures specifically due to software quality shortcomings cost approximately $260 billion. In addition to including a detailed analysis of the findings, the report contains recommendations for steps companies can take to lower the cost of poor software quality.

    Read more at Info Security

    Read the Report

    Need a Software Failure expert?

    If you are in need of an expert with experience in software project failure, we invite you to consider DisputeSoft.

    View all posts