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The Problem
Have you ever
found yourself searching for information with a typical search tool
by typing a few key words and then watching as hundreds or thousands
of web sites, documents or messages are returned for you to peruse?
In today's market, workers are expected to be "subject matter
experts" or "knowledge workers," yet the tools provided
for content retrieval are not up to the challenges inherent in the
language we speak.
Most enterprise
data (knowledge) is no longer created, shared, and stored as a managed
resource. Instead, it principally resides across multiple, seemingly
disjointed systems, such as e-mail, chat (real-time), database,
multimedia (e.g., videoconferencing), voicemail, and document management
systems. Current knowledge management applications fall short of
bridging this digital divide by keeping track of the data but not
telling the knowledge worker much of anything about the content
of the data; these applications can tell you where your information
is, but they can not tell you whether the information is relevant
to your needs.
Market research
firm IDC estimates that knowledge
workers may lose as many as three hours per day, or about 30%
of their available effort, searching for the information they need
to do their jobs. This loss of worker productivity is underscored
by the fact that 90% of all corporate intellectual property and
assets are today created in the digital domain.
The
Result: The average knowledge worker is floating in an ocean
of lost data that isn't effectively used; poor management of data
resources results in a loss of profit, productivity and opportunity.
If knowledge management applications could be automated to understand
the written language, knowledge workers would save valuable time
and companies would realize double digit improvement to productivity,
and corresponding balance sheet benefits.
Next:
The Solution
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