Stop the Hidden Costs of Bad Software

Is your software costing you more than it should? A 2024 study shows that companies are losing millions due to poorly built systems. Let me show you where this money goes and how to stop the bleeding.

Bad software design is like a leaky pipe in your house. At first, you might only see a few drops. But over time, those drops add up to major damage. A recent study found that companies worldwide are spending $1.52 trillion fixing software problems that could have been avoided.

Your tech budget is going to waste

Money that could help your business grow is being spent on fixes instead.

Here's a shocking fact: Half of all companies spend 25% or more of their tech budget just fixing architectural problems.¹ That's like spending three months of every year fixing old problems instead of creating new solutions.

Your business is moving too slowly

Overly-complex software designs makes every change take longer and cost more.

The research shows that companies with overly-complex software move twice as slowly as those with well-architected systems. When your competitor can launch new features in weeks while you need months, you're at a real disadvantage.

Your team is stuck doing extra work

Poor software design forces people to create workarounds for simple tasks.

Think about a restaurant where servers have to walk through three different rooms to get from the kitchen to their tables. That's what bad software design does to your business—it makes simple jobs harder than they need to be.

You're missing out on opportunities

While you're fixing problems, you could be making money.

More than 3 out of 4 companies say they've had to pause new projects to fix old software problems first. Every delay means lost chances to serve customers better or enter new markets.

Your competition is pulling ahead

Modern companies are leaving older ones behind.

Over half of businesses say they've had to delay important updates because their systems are too complex. Meanwhile, companies with better-designed software are growing faster and serving customers better.

Here's what you can do today

Start by asking these three questions: 1. How much of your tech budget goes to fixing problems versus building new things? 2. How long does it take to make simple changes to your systems? 3. How often do your teams have to create workarounds to get their jobs done?

If you don't like the answers, it's time to talk to your tech leaders about reducing the complexity of your systems. There's no substitute for tackling complexity head-on, and the cost of fixing these problems only goes up the longer you wait.

Don't let poor software design hold your business back. You can build a stronger foundation that helps your business grow instead of slowing it down.

I send out short articles like this every week on Tuesday. I write about how businesses can effectively innovate through software.

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