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Business trends

Weak IT spending leaves corporate Japan high and dry

Most companies will still have decades-old systems in 2025

Many Japanese businesses still use systems introduced around 2000 -- ancient by today's standards.   © Reuters

TOKYO -- Japanese businesses have failed to sufficiently invest in information technology, spending most of their limited funds on keeping old systems alive instead of deploying new ones more suited for such applications as big data and artificial intelligence.

"We are overloaded with upkeep and management of systems built decades ago," a 49-year-old system engineer in Tokyo said.

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