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April 26, 2004

IT business 1/5th of the entire health care

Putting in perspective -

According to the research firm International Data Corp, U.S. corporations spent about $260 billion on Web hardware and software last year.

To put this into perspective, spending on health care totaled $1.3 trillion last year. So business software and hardware alone is about one-fifth the size of the entire health care industry. That's a huge amount of money to spend each year solving business needs. All this money can be directed to custom-built, non-proprietary solutions created by OSS software specialists


April 26, 2004 in Open source | Permalink

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