Legacy IT: Saving money by holding onto old tech is costing us all billions

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Liam Tung

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Liam Tung

| August 6, 2021 — 11:44 GMT (12:44 BST)

| Topic: Security

Cloud computing: Legacy IT is still holding some businesses back

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Nearly half the money the UK is spending on IT goes on supporting legacy IT systems – to the tune of £2.3bn a year.

That sum amounts to about half of the £4.7bn the central government spent on on tech in 2019, according to a new report from the Cabinet Office that highlights the cost of maintaining legacy systems or ‘keeping the lights on’.

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Liam Tung

By

Liam Tung

| August 6, 2021 — 11:44 GMT (12:44 BST)

| Topic: Security