information overload phenomena

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Highlights from a global productivity survey of 2,000 knowledge workers indicate that approximately 6.78 hours per week are spent managing and consolidating information such as documents, emails and web research. UK spends 7.08 hours per week managing information whilst France spends 6.69 hours and Germany spends 5.91 hours per week. In USA Information Overload costs a minimum of $900 billion per year in lowered employee productivity and reduced innovation. This is a fairly conservative number and reflects the loss of 25% of the employee’s day Highlights from a global productivity survey of 2,000 knowledge workers indicate that approximately 6.78 hours per week are spent managing and consolidating information such as documents, emails and web research. UK spends 7.08 hours per week managing information whilst France spends 6.69 hours and Germany spends 5.91 hours per week. In USA Information Overload costs a minimum of $900 billion per year in lowered employee productivity and reduced innovation. This is a fairly conservative number and reflects the loss of 25% of the employee’s day

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  • 1.INFORMATION OVERLOADSummary The customer sought information was articles, reports, studies on the Information overload phenomena. The researcher has categorized information as Information overload, data traffic and information consumption. Comprehensive research was conducted as per customer requirements through separate searches. To view details of the methodology undertaken and challenges encountered within the process of this research: please click The summary of the findings are as follows:Section 1 - Information Overload In 2010, 1.2 zettabytes of digital information will be created, according to a new "Digital Universe" study from IDC sponsored by IT firm EMC Corporation. International Data Corp. reports that the digital universe will hit 1.8 zettabytes (a zettabyte is 1 billion terabytes) by 2011. Information Overload would be the 2008 Problem-of-the-Year.Overload costs the U.S. economy a minimum of $900 billion per year, it appears that it will be 2009s problem as well.Workers spend up to 50 percent of their day managing information.Section 2 - Information ClutterKnowledge workers spend their days, according to Basex: - 28%-Unnecessary interruptions followed by "recovery time" to get back on track - 25%-Creating content-productive! - 20%-Meetings-some productive, some not - 15%-Searching for information (and an estimated 50% of searches fail) - 12%-Thinking and reflectingReducing the time wasted dealing with information overload by 15% could save a company with 500 employees more than $2 million a year. Cutting the wasted time by just 15% through automation would save U.S. enterprises more than $270 billion.62 percent of professionals report that they spend a lot of time sifting through irrelevant information to find what they need; 68 percent wish they could spend less time organizing information and more time using the information that comes their way.In an 8.89-hour average workday, employees said they spent 7.89 hours conducting research, attending meetings and searching for documents, the survey found.

2. Information OverloadReported on: 25-03-2010 athandz Contd. SummarySection 2 - Information Clutter ContdConservative estimates by IDC suggest that an organisation with 1,000 employees wastes at least $2.5 million per year by failing to find existing information, searching for outdated information, or recreating information that is outdated and poorly designed.Highlights of the average number of hours spent globally per week by knowledge workers on the four main business activities include: 9.00 hours a week is spent on preparing, running and summarising actions for meetings while 6.78 hours are spent managing and consolidating information such as documents, emails and web research.UK comes last in information management, spending 7.08 hours per week, with France spending 6.69 and Germany 5.91 hours.Section 3 - How Information Overload Affects Employers Harvard Business Review found that the average worker today spends 40% of the work day merely processing information. This translates into only 60% of the average work day being spent on true value creation activities. 40% of the payroll costs are spent handling the overload. The more time spent on processing information and not creating value, the less a company earns. Employees lose 28% in distraction which is their time at full pay that they aren't producing any value for the employer. Managers report spending an average of 42% of their time on administrative tasks. The administrative overload is greatest in Spain and the United Kingdom. The analysis also found that for every 1 point reduction in the amount of supervisors available time,worker unproductive time falls by 0.1 percentage points.Section 4 Data TrafficThe rapid growth of data consumption is real, has been observed by many operators.Growing problem of mobile data consumption vs. revenue: perhaps 100X growth of aggregate data vs. 2X growth of revenue (in the next 5 years)App Store, has defined a model of data services on demand that is widely appealing, with 500 M downloads in less than a year of operation, establishing that there is a large market for data services. 2 3. Information Overload Reported on: 25-03-2010 athandz Contd. Summary Section 5 - Information Consumption 5.1 U.S Information Consumption Roughly 3.6 zettabytes (or 3,600 exabytes) of information were consumed in American homes in 2008. The big winner is still television at almost 45 percent of our daily allowance, but the computer is a not-too-distant second at about 27 percent. In all, we spend about 11.8 hours per day absorbing mass quantities of information, sometimesmultitasking in front of multiple screens simultaneously. 5.2 Metadata In 2008, non-textual media storage requirements (audio, music, images, and video) were an estimated16 exabytes. (An exabyte is a billion Gbytes.) Subscription-based and download media sales totaled $3.3 billion in 2008 5.3 Data Superabundance Enterprise Data Growth in the next 5 years is estimated to be 650% 80% of this data will be unstructured data 40 exabytes* of unstructured new information will be generated worldwide in 2009 IDC estimated the amount of data stored worldwide in 2007 was nearly 300 exabytes, and that thisnumber will grow ten-fold by 2011. Methodologies and Challenges Search was directed towards details about Information Overload. The researcher has provided a global outlook of information overload from the productivity perspective. However, most of the studies conducted mainly concentrated on USA. The researchers have extracted information from several sources. This was quite time consuming as an extensive reading of articles were required. The researcher spent maximum time utilized for the query.3 4. Information Overload Reported on: 25-03-2010athandzTABLE OF CONTENTS SUMMARY............................................................................................................................................. 1SECTION 1 INFORMATION OVERLOAD .................................................................................... 5SECTION 2 INFORMATION CLUTTER ..................................................................................... 10SECTION 3 HOW INFORMATION OVERLOAD AFFECTS EMPLOYERS ......................... 22SECTION 4 - DATA TRAFFIC .......................................................................................................... 24SECTION 5 - INFORMATION CONSUMPTION ........................................................................... 275.1 U.S INFORMATION CONSUMPTION ................................................................................................ 27 5.2 METADATA ................................................................................................................................... 29 5.3 DATA SUPERABUNDANCE ............................................................................................................. 30FEEDBACK .......................................................................................................................................... 32WANT TO KNOW MORE DETAILS ABOUT OUR RESEARCH SERVICES? ........................ 324 5. Information Overload Reported on: 25-03-2010 athandzSection 1 Information Overload Article 1 - Zettabytes Now Needed to Describe Global Data Overload Key Facts Humankind will generate over one sextillion bytes of digital information this year,surging into the realm of the "zettabyte" as we create ever more electronic data.In 2010, 1.2 zettabytes of digital information will be created, according to anew "Digital Universe" study from IDC sponsored by IT firm EMC Corporation.Even during the recession of 2009, the glut of digital information expanded 62percent over the previous year to 800 billion gigabytes.Source Date May 04,2010Sourcehttp://www.technewsdaily.com/zettabytes-now-needed-to-describe-global-data-overload-0513/ Article 2 - Data Glut! The Answer Is Innovation Key Facts Data is piling up fast at almost every business, from financial corporations toonline shopping sites. Security log files, network events, transaction records. e-mail and more are flooding firms with information. International Data Corp. reports that the digital universe will hit 1.8zettabytes (a zettabyte is 1 billion terabytes) by 2011. Thats a tenfold increase in the next five years. IDC says growth is running at anannual rate of 60 percent. And the cost of data management is significant At Teradata were committed to innovation thats keeping companies a coupleof steps out in front of the data information glut. Teradata 13, our latest data warehouse database, reveals our deep commitment toengineering excellence that provides a powerful system to work with the widevariety of data that are pounding enterprise IT data systems.Source Date February 15, 2010Sourcehttp://www.basexblog.com/2008/12/19/information-overload-now-900-billion-what-is-your-organizations-exposure/5 6. Information Overload Reported on: 25-03-2010 athandz Contd. Section 1 Information Overload Article 3 - Causes of Information Overload Key Facts Information overload is one of the pressing issues of todays increasingly fast-paced,complex and communication-intensive business world. As we have seen from thischapter, reducing information overload is also the responsibility of communicators andnot just of those receiving information.Source Date March 2009Sourcehttp://s3.amazonaws.com/ppt-download/informationoverload-090702133826-phpapp02.pdf?Signature=gm5npY0NxXsaR0F%2BCykZW6jh3Vs%3D&Expires=1273783849&AWSAccessKeyId=AKIAJLJT267DEGKZDHEQ 6 7. Information Overload Reported on: 25-03-2010athandz Contd. Section 1 Information Overload Article 4 - Calculating Information Overload Find out Your Organizations Cost Key Facts A year ago, Basex announced that Information Overload would be the 2008Problem-of-the-Year. Now that we know that Information Overload costs the U.S. economy a