Saturday, June 29, 2002

Software bugs cost the US 40bn a year I tried to look for a reference to the original NIST report, but could not access www.nist.gov at the time. *Computer Weekly*, 28 June 2002 http://www.cw360.com/article%26rd%3D%26i%3D%26ard%3D113682%26fv%3D1 Software bugs are costing the US economy an estimated 40bn [pounds?] each year, with almost two-thirds of the cost being borne by end-users, and the remainder by developers and vendors, according to a new study for the US government. Software faults could be costing the European Union, whose 15 member states have a combined gross domestic product (GDP) slightly less than the US GDP almost as much again. The US study, by the National Institute of Standards and Technology (NIST), said that testing could reduce the cost of bugs by about a third but would not eliminate all software errors. [Pete Mellor via risks-digest Volume 22, Issue 15] 13:30 # G!