January 7, 2021
Synopsys-Sponsored CISQ Research Estimates Cost of Poor Software Quality in the US $2.08 Trillion in 2020
Many digital transformation efforts fail due to poor software engineering practices around insufficient computing performance, poor cybersecurity and unscalable architectures.
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.