Read all 'document management' posts in The Open Road
July 29, 2007 2:00 PM PDT
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:
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