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FOR IMMEDIATE RELEASEENTOPIA CALCULATES RETURN
ON INVESTMENT FOR KNOWLEDGE MANAGEMENT PLATFORM DEPLOYMENTS Entopia's ROI Methodology Uses Realistic
Adoption Rates Enabling Companies To Assess Cost Savings,
Revenue Enhancements, and Productivity Gains
Many ROI calculators for traditional knowledge management solutions wrongly assume a 100 percent adoption rate of the new technology overnight. Entopia's methodology takes a realistic approach that recognizes the adoption rate of any new technology will start low but gradually increase over time. Adoption rates associated with deployments of knowledge management solutions are a critical metric in determining a company's ROI. A primary reason traditional knowledge management solutions have not succeeded is because adoption has been slow and, in many cases, never becomes pervasive. Entopia has focused on understanding how to overcome the cultural barrier and end-user resistance to KM adoption. Entopia's technology is designed to achieve high adoption rates because it is typically embraced on a personal or individual level, and thereby made a permanent part of a company's work culture. These improvements in individual and workgroup productivity across the enterprise are used to create intellectual capital, which is then leveraged. "Despite the increasing sophistication of knowledge management technology, KM is still -- and always will be -- a fundamentally human endeavor," said Charles Luce, Delphi Group Senior Analyst. "As such, behavioral and cultural factors impacting the adoption rate of a new KM platform must be a primary consideration in ROI analysis. Entopia understands this implicitly -- the company therefore drives end user adoption by appealing, first and foremost, to knowledge workers' desperate need for desktop tools to intelligently classify, retrieve, and share key knowledge assets." The unique aspect of Entopia's solution is that it begins to provide significant return on investment even in the rollout process. ROI calculators are designed to estimate the money companies will make or save by investing in and deploying a specific technology. A large percentage of key business initiatives traditionally proclaim dramatic improvements in productivity and financial savings without providing companies with quantifiable metrics. Entopia developed a comprehensive ROI calculator to help companies quantify the benefits of deploying a knowledge management solution thus providing further validation that knowledge management makes good business sense. "The intrinsic economics of using Entopia's software suite is obvious, but we developed this ROI calculator to help companies overcome the ambiguity traditionally associated with knowledge management deployments, so they can make informed decisions that improve their companies performance and bottom line," said Peter Katz, executive vice president, Entopia. "Entopia's knowledge management solutions are specifically designed to increase individual and enterprise productivity, saving companies time and money. In today's current economic climate, we feel that providing companies with the tools necessary to determine a realistic ROI is critical so they can make informed and effective business decisions." Entopia's ROI calculator calculates benefits in three key areas:
Availability About Entopia Entopia, Inc. is a trademark of Entopia, Inc. Caucho Technology is a trademark or registered trademark of Caucho Technology, Inc. in the United States and other countries. Oracle is a registered trademark of Oracle Corporation. All other names are used for identification purposes only and may be trademarks of their respective owners. |