Return on Investment

Attention: open in a new window. PDFPrintE-mail

Break-even? Just 17 minutes saved per employee per week

Business analysts calculate that 80-90% of the content used by companies is unstructured data - word documents, spreadsheets, emails, presentations, etc.

The most recent UK Government ASHE (2008) report on salary and earning stated the gross median salary for a Science / Technology Professional at £691/week. That's a salary of around £36K pa. If you add on employee overheads (+80% is often used) it means an annual labour cost of nearly £65K per person. This is a total labour bill of £776K pa for a company of 12 employees.

The annual subscription licenses for 12 people plus the setup costs would be £5.4K. That works out as 0.7% of the labour cost above.  It means that if you save 17 minutes every week per employee you have achieved break-even point.

In fact, it's common for an employee to spend 20-25% of total working time searching for missing information - non-productive time spent finding the information they need in documents. When you consider how many minutes can be spent trawling through the attachments in your inbox or contacting a colleague to get hold of a document stored on their PC - it isn't hard to imagine why.

After 17 minutes, the remaining 96% of the employee time you save is pure, restored productivity.


Sales ROI