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Piracy spells revenue loss for Software firms

By Staff
Google Oneindia News

New Delhi, 20 Dec, 2007 : Executives of software companies are struggling to find answers to combat unlicensed software use. Some firms are either not executing their compliance programs or need them re-analysed or overhauled.

According to a recent survey by KPMG - the US audit, tax and advisory firm illegal and unlicensed software installations continue to be a major problem and are a source of revenue loss for software companies worldwide. 55% of the executives estimated that their firm's revenue loss was more than 10% of total revenue.

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