Maintenance eating up IT budgets

ContractualObligatio writes: The Register asks the question of whether businesses are at risk of having no budget to develop code, from maintaining too many "pure play" applications: Pure Play Maintenance. What is the experience on slashdot? Are people spending too much timing maintaining code and integrations because the business is adopting too many applications? Do IT teams have the time and money to actually improve and innovate the way their companies do business?