Tuesday, May 15, 2007
Chevron's Data Overload
Following up on my earlier post on information overload comes an interesting article about Chevron's massive overabundance of data:Chevron, the oil company, says it is drowning in data and will spend about 10 percent of its information technology budget over the next two years to get its head above water, reports Pui-Wing Tam in The Wall Street Journal (5/8/07). That’s a lot of money when you consider that Chevron spends “hundreds of millions of dollars” on IT each year. But it’s an ocean of a problem for Chevron, where the number of employee-created digital files has grown by 60 percent over the past two years. The article doesn’t say whether there is a connection between Chevron’s digital bloat and the price at the pump.
Labels: research
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