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Read this: BBC News - BBC was complacent over failed £100m IT project

Summary: It was supposed to produce new editing tools, an online archive of the BBC's programmes and a new database. Technology company Siemens was hired to develop the project in February 2008, and it was expected to be completed the following year. The gross estimate of the amount spent on DMI was 125.9m, although the BBC claims to have recouped 27.5m of that. - link

BBC News - BBC was complacent over faile…

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