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Study Echoes Financial Benefits of Hosted Solutions Like WorldView Document Management Scalable online services offers low cost, fast return on investment
Omaha, NE, March 11, 2002 – WorldView, a leading provider of hosted document management services, today announced a recent study released by IDC finds that online solution implementations can generate faster return on investment (ROI) and payback for users in under one year. The findings echo the real world experience of businesses and organizations already plugged into WorldView managed applications.
The IDC study, “The Financial Impact of ASPs” identifies the business benefits of online managed services and highlights several key findings, such as:
  • Hosted solutions generated an average 5-year ROI of 404 percent and almost half of the organizations in the study had payback within 6 months
  • 44 percent of the organizations in the study experienced an ROI greater than 100 percent, while 12 percent reported returns of over 1,000 percent
  • Organizations that only focus on technology and costs miss two-thirds of the benefits
“The quantitative and measurable ROI benefits provide the proof of success for this model. In addition to the high ROI, ASP customers cite faster implementation times, the ability to focus more on their core business, and access to advanced technologies as equally valuable benefits of working with an ASP,” says Meredith Whalen, Vice President of IDC’s ASP and Internet Services research. “Equipped with both quantitative and qualitative benefits, decision-makers can see that ASP programs are sound business decisions.”
For more information about the IDC study, companies can contact Cheryl Toffel at 508.935.4389, or go online at www.idc.com.au.
About IDC
IDC is the foremost global market intelligence and advisory firm helping clients gain insight into technology and E-business trends to develop sound business strategies. Using a combination of rigorous primary research, in-depth analysis, and client interaction, IDC forecasts worldwide markets and trends to deliver dependable service and client advice. More than 700 analysts in 43 countries provide global research with local content. For more information, visit http://www.idc.com.
About WorldView Ltd.
WorldView, LTD. is an Internet based document management service provider offering secure, hosted and in-house enterprise solutions that enable organizations to store, manage and share vital information between employees, vendors, partners and customers. Each month, millions of documents are stored by more than 1000 business professionals across North America, using WorldView's document management service. For more information, visit http://www.worldviewltd.com.
Press Release Contact:
WorldView Marketing
402-330-0210
marketing@worldviewltd.com
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