Oris4 ROI White Paper

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www.oris4.com 1 Providing Automatic Organization of your documents and emails . STOP SEARCHING. START FINDING. STOP SEARCHING. START FINDING. 1

description

Find out why businesses need to address their ability to find documents, and the efficiency gained by doing so.

Transcript of Oris4 ROI White Paper

Page 1: Oris4 ROI White Paper

www.oris4.com 1

Providing Automatic Organization of your documents

and emails .

STOP SEARCHING. START FINDING.STOP SEARCHING. START FINDING.

1

Page 2: Oris4 ROI White Paper

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Information Growth

“Every two days now we create as much information as we did from the dawn of civilization up until 2003. That’s something like five Exabyte of data” Google

From now until 2020, the digital universe will about double every two years!!

This can be incredibly daunting for an organization to manage.  

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Enterprise Content Management

Only 24% of large organizations had implemented ECM solutions and strategies in 2011. Today ECM industry contributes over $4B in revenue to the software industry. It is expected to be $9B by 2014.

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Primary Factors behind investment

Fueled by an increasingly complex work environment, the biggest drivers to implementing ECM solutions are improved efficiencies, optimization of business processes, compliance and cost.

A 2011 survey of 585 ECM decision makers, when you consider your document and records management projects and priorities, what is the most significant business driver for your organization?

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Improving Productivity and Efficiency

Information workers waste a significant amount of time each week dealing with a variety of challenges related to working with documents.

Executives waste 6 weeks per year searching for lost documents.

A typical employee spends 30%-40% of his time looking for information locked in email, documents, shared hard disks and filing cabinets.

Professionals spend 50% of their time searching for information, 18 Minutes is the average time to search for a document.

This wasted time costs the organization $19,732 per worker/year and

amounts to a loss of 21.3% in the organization’s total productivity. For an organization with 1,000 people, addressing these time wasters would be tantamount to hiring 213 new employees.

18% increase in production and staff engagement after implementing an ECM solution.

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ECM solutions showing ROI

ECM has proven ability to reduce costs, improve operational efficiencies and address crucial compliance requirements— while simultaneously providing a solid ROI. Do the math..

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Improving Efficiency

If organizations could simplify inability of organizational content though search across all the available content, this could improve the productivity of professional staff on average by

30%.

Improved efficiency resulting from providing staff with remote access to company

information is estimated to be between 20-25%.

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Findability is Key

The typical enterprise with 1000 workers

wastes $2.5M -$3.5M/year searching for nonexistent information, failing to find existing information, or recreating information that cant be found.

If organizations could simplify findability of organizational content though search across all the available content, this could improve the productivity of professional staff on average by

30%.

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Sales Efficiency Improvements

Access to up-to-date customer data correspondence can produce improvements to customer service levels from

customer-facing staff of 33%, with over half (57%) estimating a 25% improvement or more.

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Contextual searching

People tend to use (and need) contextual clues to help guide them on their path to information retrieval.

Creating systems that work with people (instead of against them) by allowing them to search for information in a way that’s natural seems like the best way to engage them.

 Findability and Contextual search are necessary requirements to successful implementations of enterprise software solutions.

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Findability is Key

Findability is the art and science of making content findable.

Many people often use the terms findability and search interchangeably yet there is a difference in how the two work.

When one searches for content within the enterprise, as opposed to searching the Internet, that difference can make or break the best ECM implementation strategy.

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Cross Platform Improvements

Oris4 Links these major programs together- making all of them more effective than on their own. Providing an easy way to find content, as users know how to traditionally search, will improve the combined effectiveness of all other software solutions.

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Cross Platform Effectiveness

Oris4 provides a consolidation layer so users can contextually search across the many places content is stored. Oris4 enables search integration for third party apps and internal content folders without changes in user behavior.