Cutting IT legacy costs

Almost 60% of IT executives have a plan in place to retire applications, according to a UK study by Accenture. The survey of 250 IT executives and 250 business executives in companies with 1,000 or more staff found that the amount of IT budget being spent on legacy IT is not as much as some had predicted. Overall, 76% of the executives surveyed said legacy IT accounted for up to 30% of their IT budgets.

Over half of the IT executives surveyed (53%) said cloud computing would allow them to invest in IT without increasing capital expenditure. However, 53% also said they needed to address legacy IT systems which were limiting the agility and flexibility of their IT.

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