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"Sharepoint allows teams to set up content collaboration sites quickly and it is tightly integrated with Office applications, which are used to create most of our documents," said Lynn Chou, general manager of global technology and strategy at Chevron.
The energy company is spending 10% of its information management budget from 2007 to 2010 on its three-stage Global Information Link (GIL) project. The project is expected to save the company about £20m a year in system management costs through standardisation.
The latest phase, GIL3, focuses on collaboration and information sharing. With the firm's electronic information growing by 60% a year, GIL3 is aimed at managing the terabytes of content being created.
As well as Microsoft Sharepoint, GIL3 will introduce software from Schemalogic to standardise the way files are labelled and make company information easier to find across the global network.
"Our employees will be able to name and tag their information consistently and accurately so it can be found when it is needed. As a result, productivity will increase," said Chou.
The first and second phases of the GIL project standardised desktops across the company and provided enhanced connectivity.