HSN 0.34% $5.81 hansen technologies limited

IT bungles cost taxpayers hundreds of millions

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    The headlines in The AGE Melbourne says it all.  "IT bungles cost taxpayers hundreds of millions"....
    http://www.theage.com.au/victoria/i...ers-hundreds-of-millions-20160321-gnn5f9.html

    Small extract
    "Bungled IT systems that were scrapped before launching, or introduced with major flaws, have cost taxpayers almost $900 million.
    The splurge by government departments on faulty projects comes despite repeated warnings in recent years about substandard commissioning processes."  ...................

    Without too much detail what the AGE article  is saying is that incompetent IT companies are costing governments possibly more than a billion dollars because of hapless IT companies
    At least 6 IT projects in Vic have been failures and perhaps just as many scattered across the country  -  dozens more.

    These GOVERNMENT Departments should start looking at highly successful companies like HSN that have been totally successful in the last 10 years or more evolving and developing highly successful IT data management technology and methods  - scattered across dozens of countries.

    Time for REAL accounting processing to start in STATE and FEDERAL governments if they really mean to establish controls over WASTING of $FINANCE$S!
 
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