• Paper usage continues to grow at 6 – 7 % per year • Email increases paper consumption by 40% • The consumption of paper in the U.S. has grown 43% since 1980 • Unstructured content is growing at 92% • Typical office workers spends 40% of their time looking for information • Professionals spend over 500 hrs annually reviewing and routing files • 150 hrs are spent looking for incorrectly filed documents • Today organizations maintain 30 times more data than in 1999 • Revenue for document-capture software and services is expected to increase at a 17 percent compound annual growth rate, according to a new report from market-research firm IDC.
The Average Organization • Makes 19 copies of each document • Spends $20 in labor to file each document • Spends $120 in labor searching for each misfiled document • Spends $250 to reproduce a document. • Loses 1 out of every 20 documents • Spends 25 hours recreating each lost document • Spends 400 hours per year searching for lost files (PricewaterhouseCoopers Study) • The average worker prints 45 pages a day • Spends $150 to process a paper form
Non private organizations related with Record Management and Storage:
ARMA International – a not-for-profit professional association and the authority on managing records and information – paper and electronic (http://www.arma.org/).