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MOUNTAIN VIEW, Calif., Jan. 6, 2021 /PRNewswire/ Synopsys, Inc. (Nasdaq: SNPS) today announced the publication of The Cost of Poor Software Quality In the US: A 2020 Report. Co-sponsored by Synopsys, the report was produced by the Consortium for Information & Software Quality (CISQ), an organization which develops international standards to automate software quality measurement and promotes the development and sustainment of secure, reliable, and trustworthy software. The report s findings reflect that the cost of poor software quality (CPSQ) in the US in 2020 was approximately $2.08 trillion. This includes poor software quality resulting from software failures, unsuccessful development projects, legacy system problems, technical debt and cybercrime enabled by exploitable weaknesses and vulnerabilities in software.
Poor-quality software cost America over $2tn last year, according to a new report by the Consortium for Information & Software Quality (CISQ).
The Cost of Poor Software Quality in the US: A 2020 Report, which was co-sponsored by American software company Synopsys, found that the cost of poor software quality (CPSQ) in the US in 2020 was approximately $2.08tn.
Researchers looked at poor software quality resulting from software failures, unsuccessful development projects, legacy system problems, technical debt, and cybercrime enabled by exploitable weaknesses and vulnerabilities in software.
Operational software failure was determined to be the leading driver of the total CPSQ. CISQ estimated the cost of operational software failure in the US in 2020 as $1.56tn, a figure that has increased 22% since 2018.
CISQ Publishes the Cost of Poor Software Quality in the U.S.: A 2020 Report
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https://www.it-cisq.org/ BOSTON (PRWEB) January 06, 2021 The Consortium for Information & Software Quality™ (CISQ™), an IT industry leadership group that develops standards for automating software quality measurement, today announced The Cost of Poor Software Quality in the U.S.: A 2020 Report. This report, which updates our 2018 report, aggregates publicly available source material to estimate the impact of poor software quality on the United States economy.
The report states that the cost of poor software quality in the U.S. was approximately $2.08 trillion in 2020, which includes the following: