Design-to-cost Works – So Why Not Use It To Tighten Software Spending?

Software costs continue to soar

As a recent Forbes headline put it, 'it's a software economy', with global spending on software predicted to jump by nearly 12% next year to more than €700 billion.

It's hardly surprising to see spending balloon, given how many companies are still in the early stages of their digital transformation, with much of their required IT investment still to come.

However, as FTSE 100 companies continue to pour billions into bespoke software and related services, it's remarkable how few metrics most of these companies have at their disposal to accurately gauge the value of their investments and control initial spend on them during the early procurement phase. But does it have to be this way?