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Simplexo Ltd: Searching for information costs Corporate UK GBP6.2 Billion a year
(M2 PressWIRE Via Acquire Media NewsEdge)
RDATE:30032009
The UK economy is wasting the equivalent of GBP6.2 billion* in time
searching for information residing in corporate IT systems, according
to research conducted by Simplexo, an open source enterprise search
specialist.
Over 24% of respondents stated that it took them over a day to search
for information while 19% claimed it took them between two and three
days. More than one third could not find all the information they
requested from information management systems such as CRM, email and
accounting programs.
54% of respondents stated that they have to conduct detailed searches
several times a day, while a further 39% claimed they had to more than
ten times a week.
Key findings included:
43% of UK office workers take between one and three days to find
information; 39% stated it took an hour
Over a third - 34% - could not find the information they needed on
corporate IT systems Only 36% claimed to be able to find information in
time for an inspection, whilst 28% said it would take over 2 days and
23% felt it was impossible to tell if they could do it
69% of organisations claimed to need remote access for workers, yet
critical to this is the need to have secure search functionality
26% of the sample still has to ask IT to help in search, while 40%
could only undertake one search at a time
Alistair Handyside, CEO, Simplexo, stated: "The cost of working with
inadequate information and inefficient search capabilities is one of
the most pressing threats to any competitive business. But the solution
doesn't have to involve a long consultancy engagement and a huge price
tag. Simplexo was designed for simplicity - rapid installation and
deployment, immediate productivity gains, and fast ROI. We don't
include a complex BI system; we just help you to stop wasting your time
looking for information so you can start using it instead. Simplexo is
just clean search."
Simplexo Enterprise is the only search solution on the market which
leverages native access to the existing indexing abilities of databases
and other legacy software and which indexes only unstructured data.
Unlike traditional search platforms, Simplexo Enterprise simultaneously
and securely searches huge and diverse data repositories across the
enterprise, retrieving and de-duplicating accurate, up-to-date
information in real time.
Simplexo Enterprise summary
Saves time: eliminates individual searches on multiple data sources
Improves accuracy: returns live, up-to-date information in real time
Maintains security: designed to MoD security levels (AES 256)
Very simple to use: single-click searching
Open source for flexibility and auditability
Platform agnostic for ease of deployment
About Simplexo Ltd
A privately owned company headquartered in the UK, Simplexo Ltd is
focused on delivering a new experience in enterprise search. Simplexo
Ltd is founded on a solid history in Electronic Document Management and
Retrieval. In recent highlights, the organisation's technology was used
to run the UK government's local election pilots for almost 700,000
concurrent users, and also supplied one of the first applications to
BSkyB for secure online voting. Today, Simplexo technology is
delivering value to organisations in many industry sectors, including
finance, healthcare and local government.
* Figures are based on the Office for National Statistics Labour Market
Statistics February 2009
Total number of office workers in the UK = 25 million
Average hourly rate of pay = GBP12.39
Average daily rate of pay = GBP86.73
24% of UK office workforce is 6 million which equates to GBP5.2 billion
in lost time (the figure relating to employees looking for information
in one day)
19% of UK office workforce is 4.75 million which equates to GBP1.02
billion (the figure relating to workers who spend between 2 and 3 days
searching for information)
Spreckley Partners Limited Registered Office: 221 Shoreditch High
Street, London E1 6PP Registered in England no. 1712961
CONTACT: Simplexo Ltd
WWW: http://www.simplexo.com
Melissa Powell. Spreckley Partners Ltd
Tel: +44 (0)207 388 9988
e-mail: powell@spreckley.co.uk
((M2 Communications Ltd disclaims all liability for information
provided within M2 PressWIRE. Data supplied by named party/parties.
Further information on M2 PressWIRE can be obtained at
http://www.presswire.net on the world wide web. Inquiries to
info@m2.com)).
Copyright ? 2009 M2 Communications Ltd.
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