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SBI and Company Proprietary and Confidential P1 Global Corporate Circle DCMI 2003 Workshop Metadata, Search and Meaningful ROI Mike Doane Sr. Content Analyst.

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Presentation on theme: "SBI and Company Proprietary and Confidential P1 Global Corporate Circle DCMI 2003 Workshop Metadata, Search and Meaningful ROI Mike Doane Sr. Content Analyst."— Presentation transcript:

1 SBI and Company Proprietary and Confidential P1 Global Corporate Circle DCMI 2003 Workshop Metadata, Search and Meaningful ROI Mike Doane Sr. Content Analyst SBI and Company

2 SBI and Company Proprietary and Confidential P2 Meaning of ROI… Really Only Imaginary Human factors can influence up to half of the total potential value to be derived from a collaborative application. Breadth and repeatability are the key points to remember when deploying or upgrading an application. Help a lot of people many times… --Nucleus ROI= average benefit over three years / initial cost. Fully loaded cost = 135% of salary. --Nucleus Rip Off Investment Return On Illusion

3 SBI and Company Proprietary and Confidential P3 Avg. annual cost per employee for file searching, verification, organization and backup: $8,200* International Tobacco Company 40,000 employees X $8,200 = $328 Million per year Internet Software Company 4,000 employees X $8,200 = $32.8 Million per year $100k annual cost per employee 20,000 employees searching 1.0 hours per day = $50 hour x 20k = $1 Million per day $120k annual cost per employee 2,000 employees per day 2.0 hours per day = $60 hour x2 x2k = $240,000 per day The Investment… *Source: GISTICS; SBI analysis Costs to build and implement average initial meta data solution: Consultant: 12 weeks: $150,000 ($2,500 per day, per person) Software: $0 - $85,000 (depending on usage) Employee(s): 12 weeks, 50% FTE, 3 people, $45,000 Total initial investment: $195,000 - $275,000

4 SBI and Company Proprietary and Confidential P4 Individuals realize reduced effort benefits: Any improvement in the ability to find content reduces the overall cost to individuals, workgroups and the enterprise The Return… *Source: SBI analysis Finding the desired file faster Reduction in time spent transferring files Less time spent reorganizing files Fewer file lookups required Other time savings % reduction of time spent away from primary activity*

5 SBI and Company Proprietary and Confidential P5 How could using the Dublin Core help? The Future… Potential cost reductions: Reduced consultant fees (From 12 to 8 weeks, saving $50,000) Jump start projects Less wait time until employees begin using Standardized metadata set for sale Other issues: Recognized corporate standards Vertical market orientation Close integration with content technologies


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