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IT Facts

just the numbers from the world of high-tech

Posted on March 12, 2004 by moskalyukname

82% of companies don’t take advantage of existing software apps

According to research firm IDC, 82% of large companies aren’t taking advantage of the applications they already own. The software sector saw a 73% collapse in market value from 2000 through 2002. A mere 13% boost in sales industrywide over 2003 provided enough inspiration for Wall Street to mark up the share prices by 86%.

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