
« The slow death of traditional software | Main | HP, the GE way »
Oops
July 29, 2005
As I noted a couple of days ago, Bank of America has an ad out that touts the prowess of its check-processing software. Well, live by custom code, die by custom code. David Berlind, who viewed BofA's marketing claims as evidence that IT can provide a competitive edge, now reports that the bank just suffered an embarrassing system breakdown. Yesterday, Berlind received the following message in an email: "If your paycheck is directly deposited into your Bank of America account, you will have noticed that your deposit has not posted for today. Bank of America has confirmed that they are experiencing system problems and currently do not know when the problem will be resolved and your accounts credited."
As I recommended back in IT Doesn't Matter: Focus on vulnerabilities, not opportunities. It's awfully tough to seize a competitive edge with distinctive IT anymore. But it's still awfully easy to put yourself at a disadvantage from faulty IT.
Advertisement: Coming this spring: Nicholas Carr's new book The Shallows: What the Internet Is Doing to Our Brains. Preorder now from Amazon.
Comments
Post a comment
Thanks for signing in, . Now you can comment. (sign out)
(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)Nick's latest book:
"Future Shock for the web-apps era" -Fast Company
"Ominously prescient" -Kirkus Reviews
"Riveting stuff" -New York Post
Greatest hits
Avatars consume as much electricity as Brazilians
The love song of J. Alfred Prufrock's avatar
Flight of the wingless coffin fly
Other writing
The end of corporate computing
Nick's first book:
Order from Amazon
Visit book site