Intranets Take Second Place to Public Internet

Internet named as primary information resource by majority of knowledge workers

SAN FRANCISCO, Feb. 9, 2004 -- Despite heavy investment in Intranets by companies, the public Internet remains the primary information source for knowledge workers according to a global survey by Moreover Technologies, the premier provider of real-time current awareness and business information solutions. When questioned, 57.8% of respondents admitted that the Internet was their primary information resource in their daily work routine whereas only 10.9% considered the Intranet to be their main source of information.

The survey of 2,200 knowledge workers underlined the dominance of Internet based information by highlighting that 47% of respondents claimed that all of the information they needed for work was available on the Internet. Similarly, 69% labelled Internet content "very valuable" to their work.

Jim Pitkow, CEO of Moreover Technologies, said: "The Internet remains the primary information resource for knowledge workers because it is on the Internet that people find mission critical up-to-the-minute business information. Intranets, despite the large investments made in them and because of the labour and costs associated with maintaining them, often do not provide the timely and up-to-date information that employees require. Studies have shown that in order to really maximise the return on investment of an Intranet implementation, current awareness content that is relevant to the work that people do is essential."

"Information on the Internet varies in quality and companies should be aware that it forms such a key part of their employees' information consumption behaviour. Moreover's solutions address these issues by organising, refining, and categorising Internet information before it is delivered to a company's Intranet. This gives company employees the flexibility to filter out the 'noise' of the Internet if they wish and to only receive information that is relevant to them. In this way businesses can not only maximise the ROI of their implementation but can also ensure that their workers have an efficient, accurate, and reliable information resource."

About Moreover Technologies:

Moreover Technologies is the premier provider of real-time current awareness and business information. Its technology searches thousands of hand selected breaking news, business information, corporate and government websites, blogs and discussion boards continuously for the latest content. This content is then categorized and distributed to users as headline links to the stories on the original publisher sites. This provides users with real- time insight into the news and issues that matter -- enabling them to make decisions based on the most up-to-date information.

Headquartered in San Francisco with an office in London, Moreover Technologies' blue chip clients include McCann Eriksson, Merck, CitiGroup and Microsoft.

SOURCE Moreover Technologies

Web Site: http://www.moreover.com