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Information Industry Update

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Title: Factiva, company background Author: Dow Jones User Last modified by: Chandra Pierce Created Date: 4/24/2001 6:12:26 PM Document presentation format – PowerPoint PPT presentation

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Title: Information Industry Update


1
Information Industry Update NewsTrends and
Changes in the Business
  • Clay Cocalis
  • Vice President Director, Global Sales
  • SLA News Division, Atlanta, GA 25 May 2001

2
Agenda
Strategic Outlook
  • Market Drivers

How Do These Changes Affect InfoPros?
What Does This Mean for Factiva InfoPros
Considerations
3
Strategic 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
4
Strategic 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

5
Market 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

6
The Drive to Structure and Share Knowledge
7
The Drive to Structure and Share Knowledge
8
US 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
9
Knowledge 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

10
Intersection of KM and e-business
THE FACTIVA VIEW
of users
1999
2003
11
How 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

12
What 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

13
Requirements 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

14
What 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

15
What 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

16
What 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

17
How 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

18
How 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

19
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20
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21
Whats the End Game for the InfoPro and the
Enterprise?
22
Considerations
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

23
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