The Definitive Guide To Enterprise Search
Why You Need Enterprise Search
Today’s enterprise creates a staggering amount of content. According to SanDisk and many other sources, the volume of business data in the world is doubling every 1.2 years, and the rate at which content is produced is growing faster every day. Data and how it is managed, surfaced, and distributed, can be key to the success of a business.
With the arrival of cloud storage systems like Box and Dropbox, the cost of storing content has reduced considerably. While these cloud services have come with many benefits, they have also created yet another location where data gets stored – making information retrieval even more expensive.
Today, content is stored across a range of locations like file servers, cloud storage systems, email, intranets, and company wikis. Heterogeneous corporate infrastructures mean today’s knowledge worker must navigate through an intimidating mass of dispersed data to retrieve relevant content.
Traditional tagging, naming conventions, and folder structures were not necessarily designed to facilitate the huge volume of content enterprises deal in today.
Today, content retrieval issues are running wild:
- Knowledge professionals spend 5-15% of their time reading information, but up to 50% looking for it.
- According to IDC research, 36% of employees’ days are spent looking for and consolidating information, and 44% of the time employees can’t find the information they need to do their jobs.
- A Typical enterprise with 1,000 knowledge workers wastes $2.5 million – $3.5 million per year:
– Searching for nonexistent information
– Failing to find existing information
– Recreating information that can’t be found
With the right enterprise search solution, companies can eliminate these inefficiencies and transform the way their company operates.