Enterprise software costs threaten AI investment, innovation as firms spend 28% of budgets on unwanted changes: Report
New Delhi, Oct. 20 -- Large enterprises may face growing constraints on innovation and artificial intelligence (AI) investments as vendor-driven software upgrades, migrations and licensing changes consume an average of 28 per cent of their software budgets, according to a report by Origina published in collaboration with Thinkers50.
The research found that vendor-driven costs had made a major contribution to decisions to slow, pause or cancel AI or data programmes for 34 per cent of respondents, while 56 per cent said the costs had a moderate contribution.
The findings highlight how recurring software expenses could limit enterprises' ability to redirect resources towards technology development, hiring and security.
The survey of 2,018...
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