IT industry 'oligarchy' is 'ripping government off', MPs told

Computer Weekly - The IT industry is an "oligarchy" that is ripping off the government, MPs were told at a select committee meeting on Tuesday. Martin Rice, chief executive of software development company Erudine, slammed the IT sector for taking advantage of the government's lack of in-house IT expertise.

Speaking at the Public Administration Committee meeting into the efficiency of government IT he said, "As an industry it is ripping the government off. People didn't make a noise about this until the government's moratorium on IT contracts. Each project reinvents the wheel, and as a taxpayer that shouldn't be allowed. There's an oligarchy for which it is not profitable to bring this to light to the government," he said.