Title: Information Industry Update
1Information Industry Update NewsTrends and
Changes in the Business
- Clay Cocalis
- Vice President Director, Global Sales
- SLA News Division, Atlanta, GA 25 May 2001
2Agenda
Strategic Outlook
How Do These Changes Affect InfoPros?
What Does This Mean for Factiva InfoPros
Considerations
3Strategic Outlook
Web/Online Awareness News Research Services
Sales Forecast, 1995-2004
Compound Annual Growth Rate 12
Shows Growth of Content, by Revenue Source Simba
Information, a PRIMEDIA Information Company
4Strategic Outlook
- Related technology and management services to
content, such as - Knowledge Management
- Customer Relationship Management System
- eXtensible Markup Language
- are growing at a faster rate than content
services - The impact on the News Business Information
industry is changing distribution channels and
tighter integration on corporate desktops - The impact on the InfoPro is on the structure of
their position and their broadening
responsibility in the enterprise
5Market Drivers
- Management
- Increasing Demands Placed on Knowledge Workers
- Growth in Knowledge Management Practice
- Technology
- Intranet, Enterprise Information Portal and CRM
Growth - Speed of Development for Successive Stages of
Intranets and EIPs - Drive Toward Use of XML and Management of
Structured and Unstructured Data, Searching
Across Databases - Investment
- Increased Focus on Productivity and Return On
Investment
6The Drive to Structure and Share Knowledge
7The Drive to Structure and Share Knowledge
8US Intranet Users and Integration Stages
Stage 3 Integration of internal and external
information XML, Taxonomies, EIP (CAGR 49,
Merrill Lynch) and CRM (CAGR 30, IDC) Factiva
Integration and Consulting
Stage 2 Direct links and clip folders into
Intranets, Dow Jones Interactive
Stage 1 News feeds into Lotus Notes, DowVision
and RBB Select
Third Stage
Second Stage
First Stage
9Knowledge Management Matures
- Compound Annual Growth Rate 51 1999-2004
- 80 of the Worlds Biggest Companies Have KM
Efforts Underway --KPMG and Conference Board
Study - Market for KM Tools Will Be 1.3bn in 2000 and
9.8bn by 2004 -- Radicati Group - Factiva Is Exploiting Growth by
- Expanding Consulting Practice
- Embedding Into Corporate KM Initiatives
- InfoPros Are Handling Growth by
- Becoming Strategic Partners with IT
- Becoming Content Experts Solutions Providers
10Intersection of KM and e-business
THE FACTIVA VIEW
of users
1999
2003
11How Do These Changes Affect InfoPros?
- Sphere of InfoPros is shifting from the corporate
research center to the Intranet as knowledge
center - Web-based Intranet is increasingly serving as the
organizations primary knowledge management
center - InfoPros, as Intranet managers, often see
themselves as content vendors providing
reliable news and information to their
constituents
12What Are the Challenges for InfoPros?
- From Using to Exploiting Technology
- From Service to Strategic Planning
- From Reactive to Proactive
- From Searching to Marketing Training
- From Using Products to Designing and Implementing
Solutions
13Requirements for Content in Intranets
- Content Covering the Broad or Specific Needs of
the Enterprise - Everything You Can Do on the Web
- Personalization, Searching, E-mail, Choice of
Pre-Defined Topics - Integrated with Related Internal Information
- Application Driven
14What Does This Mean for InfoPros and Factiva?
- External Information Will Be an Important
Component of KM Systems - Demand for Flexible Content Is High to Enable
Integration Into EIPs, CRMs, Intranets - Ability to Search Across Internal and External
Databases Is an Emerging Requirement
15What Business Problems Does Factiva Help InfoPros
Solve?
- Awareness of the External Environment
- Reliable, Filtered Global Content for All in the
Organization - Archival Research on a Global Content Set
- Reduce Complexity of Content Management
- Flexible Integration Into Intranet and
Application Environments - Linking Internal and External Content Through XML
and Factiva Intelligent Indexing - Out of the Box Products
- Designing, Implementing and Promoting a
Successful Solution - Gaining User Acceptance
- Managing the Enormous Task of Training
16What Are the Benefits?
- Productivity Saves Time
- Precision Indexing Making Searching for Content
Faster and More Reliable Than Searching the Web - Quality Content Insures Decisions Made with Best
Available Information - 16 of employees work week is spent looking
for and using external information, equivalent to
107bn in salary costs alone Outsell Super
I-Aim Study
17How Can Factiva Help InfoPros?Flexible Product
Strategy
- Develop a Flexible, Next Generation Product
Platform - Combining DJI and RBB Content Sets
- Unbundling Content from Platform and Delivery
- Customization and Personalization to More Tightly
Integrate Factiva Content Into a Company
Environment with Factivas or Companys Own Look
and Feel - Open XML Architecture
- Enabling a Product Range That Leverages
Application Integration and Customization
Capabilities As a Differentiator - Factiva Partner Network
- IBM, Lotus, Microsoft, Oracle, Plumtree, Data
Downlink - APIs to Content, Features and Functionality
- Q4 2001
18How is Factiva Helping with Content Integration?
- Developed Factiva Wrap-around Services, to
Facilitate Integration - Factiva Intelligent Indexing
- Factiva Developer Consulting
- Factiva Editorial Consulting
- Factiva Partner Network
- Developed Factiva Integration Suite of Products,
Based on Customer Requirements - Factiva Publisher
- Factiva Search Module
- Factiva Track Module
- Factiva Select
- Developed Factiva.com
- First Product to be Built on New Platform
- Built for InfoPros and End Users
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21Whats the End Game for the InfoPro and the
Enterprise?
22Considerations
Things to Consider
Why Are InfoPros Important
- InfoPros are key influencers in organizations
- are already experts in acquiring and organizing
knowledge - are well-positioned to assume learning and
knowledge-sharing roles - recognized the value of high-quality,
authoritative and timely content - are essential partners for content integration
- Does My Company Have an Emerging Portal Strategy
- How Do My End-Users Prefer to Gather Information
- What Are the Work Processes Where External
Information Is a Key Component - What Training Strategy Should I be Adopting for
My Organization
23Q A