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Believe It Or Not!   

  • The average office spends $28 in labor filing or retrieving a document.
    $150 in labor is spent finding a misfiled document.
    $350 in labor is spent recreating a lost document!


  • The average Fortune 500 company sends 150 million paper documents and receives 150 million paper documents annually.
    In addition, over $17 million is spent by each company just on faxing!


  • Professionals spend 5 to 15% of their time reading information, but up to 50% looking for it.


  • 7.5% of all documents get lost, 3% of the remainder get misfiled.


  • The average business document is copied 19 times
    - Over 81 billion sheets of paper are copied each month!


  • There are over 4 trillion paper documents in the U.S. alone
    - growing at a rate of 22% per year!


  • Over $5 billion each year is wasted on printed materials that become obsolete before they are ever used!


  • For every 10 printed pages, only 1 is ever consulted.


  • Employee theft costs employers over $1 billion a week


  • The number of Internet users is currently assessed at 259M, worldwide.
    By 2002 it is expected to reach 490M and will reach 735M in 2005.


  • U.S. web advertising spending will grow from $3.1 billion this year to $4.82 billion in 2000 and $13.3 billion by 2003.


  • Current estimates are that the worldwide Internet economy will grow past $1 trillion in 2001 and increase to $3 trillion in 2003.

*sources: Coopers & Lybrand, PC Magazine, AIIM, Imaging Magazine, AdAge.

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