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July 29, 2007 2:00 PM PDT

How to blow $3 million in taxpayer funds (UPDATED)

by Matt Asay
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You read things like this and it makes you wonder why IT departments continue to throw away money on proprietary licenses why you bother paying taxes at all [See note below]. In this case, the Public Company Accounting Oversight Board (PCAOB) spent $3 million on a document management system from Documentum, and it has been a complete waste of money.

The PCAOB tries to blame itself for the waste, but the reality is that it's a combination of overpriced and overly complex software wrapped in a proprietary license, and an effort to force-feed square-peg technology onto round-peg people.

Open source could have dramatically reduced the PCAOB's risk:

... Read more
Originally posted at The Open Road
Matt Asay brings a decade of in-the-trenches open-source business and legal experience to The Open Road, with an emphasis on emerging open-source business strategies and opportunities. Matt is vice president of business development at Alfresco, a company that develops open-source software for content management. He is a member of the CNET Blog Network and is not an employee of CNET. Disclosure.
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