A New Era of Software Spending

In CIO Dive , BCG’s Ashwin Bhave elaborates on the findings of a recent BCG report , noting that some companies now allocate more than half of their technology budgets to software, and underscoring the growing challenges of procurement. “There are entire categories of new software that didn’t use to exist,” he shares. “It’s challenging for procurement because the acquisition of software has become much easier and more seamless.”