Federal agencies continue to pour millions into overlapping IT projects. Check out the worst offenders.
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$1 billion: enterprise resource planning
Since 2005, the US Air Force had spent $1 billion to build an enterprise resource planning (ERP) system. The Expeditionary Combat Support System (ECSS) was supposed to merge base-level and wholesale logistics systems.
The project was cancelled in December 2012 with "no identifiable benefit to the military or to the taxpayer," said Coburn in his report. It would have required an additional $1.1 billion and would not have been completed until 2020. (Read Lessons From A Failed Federal IT Project.)
(Source: US Air Force)
Top IT Trends to Watch in Financial ServicesIT pros at banks, investment houses, insurance companies, and other financial services organizations are focused on a range of issues, from peer-to-peer lending to cybersecurity to performance, agility, and compliance. It all matters.
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