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Company description:: Workshare, the leading provider of content productivity applications, today publishes new research uncovering the productivity challenges faced by organisations when sharing information. The research, highlights the costs, risks and chaos specifically created when employees work with other people on documents that are critical to corporate integrity and profitability.
More business users are contributing to shared documents than ever before and companies are losing control of what happens inside the process. The key findings are:
· Deadlines Missed - 14% of companies feel they are in control of completing documents on time
· Sensitive Information Hidden - 90% of documents start life as something else, but 68% of respondents were not aware metadata risks
· Paying the Price - 63% of companies face financial penalties for not completing work on time
“We produce a phenomenal amount of corporate information, most of which is done in teams,” says Andrew Pearson, vice president, Workshare EMEA. “People contribute to multiple documents, sending and receiving version upon version of constantly changing documents. This creates collaboration chaos, with missed deadlines, frustrated workers, and lost revenue all being symptoms of this confusion. The concern for businesses is that these factors directly impact productivity and performance.”
For further information or a copy of the research study published by Workshare, entitled The Cost of Sharing, please contact:
Samia Rauf
Workshare
Tel: +44 (0)207 539 1354
Email: samia.rauf@workshare.com
Billy Hamilton-Stent
Octopus Communications
Tel: +44 (0)1753 672 755
Email: billy@octopuscomms.net
About Workshare
Workshare is the industry leader in developing and providing premier content productivity applications to the global enterprise. Over 3,500 companies and over 500,000 people in 60 countries use Workshare’s software. Workshare’s software enables streamlined management of collaborative changes to the content of documents. For more information about Workshare’s products please visit www.workshare.com.
Notes to Editor
*"Iraq - Its infrastructure of concealment, deception and intimidation", published by the Government in January 2003, commonly known as the September dossier exposed the potential hazards of metadata by showing complete histories of authors and contributors from the Microsoft Word document posted on the internet.
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