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> The only reason these companies are successful is that the top execs are friends with the other execs at fortune 500 companies so they mostly figure out a way to spin it as a success so everyone gets their bonuses even if no value was created.

It is so bizarre that blowing $20M on a large, complex project that obviously fails can be rebranded as success. Its harder to pull that off with smaller projects and less stakeholders, but if a project is big enough, you can obfuscate the details and make it look like a win.

>> a very ambitious app for one of the biggest oil companies in the world

An oil major probably makes $20MM in profit every few minutes or at most in an hour. (Apple makes ~1700.00 per second ..)

> An oil major probably makes $20MM in profit every few minutes or at most in an hour.

ExxonMobil made $23 billion in profit in 2021; that works out to just over three days and three hours to get to $20 million.

Shell made $20.6 billion in profit in 2021; it would take them even longer.

The other majors made even less.

A project which wastes over three days of profits is hugely expensive.

23 billion / 365 = ~63 mil so it's 1/3 of a day, basically 8 hours of profit, not 3 days.

You’re completely right, and I apparently cannot use units(1) to save my life. I have no idea how I screwed that one up so badly. I was more wrong than the original poster.

Motivation and constraint is completely driven by what budget or cost centre one's in. These can be schizophrenically distant, and work to the detriment of the organisation, in organisations that still insist they're one team.

Another perspective on the 20M is the salaries and total running cost of an office of 1500 in Southeast Asia for ayear (or potentially Latin America, or Africa, but I'm less familiar with pricing there than in EA/SEA).

> The only reason these companies are successful is that the top execs are friends with the other execs at fortune 500 companies so they mostly figure out a way to spin it as a success so everyone gets their bonuses even if no value was created.

It's also usually that the big companies are so incompetent that paying 20 million dollars for nothing is still cheaper than hiring their own people to do it in house and ending up paying 40 million dollar for a team that will actually break stuff down and make everything worse.

It's not so much that their own people, i.e. the actual doers are incompetent, its thats the management structure is, so they are set up for failure. And yes it might take longer, and cost more, as they need to hire etc opex, get more scrutiny, can't try and fix the problem by throwing more devs at it at a drop of a hat etc.

Generally speaking individuals who work at large contracting firms either do so due to immigration status or because they’re either not experienced or technically incompetent. The tech market offers full-time positions with wonderful salaries. Why would anyone want to work at one of these firms? It’s because they can’t land any better job and can hide their moving between multiple projects frequently due to ineptness as “short term projects”.

I was also on the Hertz project and the oil project at Accenture. Hiya danny_taco!