Press Release

Press Release

Source: Xerox Corporation

IT Professionals Say Document Management is an Untapped Opportunity for Savings, Security, Productivity
Wednesday September 6, 6:01 am ET

WILSONVILLE, Ore.--(BUSINESS WIRE)--Sept. 6, 2006--Four out of five information technology professionals say document management is part of an effective IT strategy, but many haven't found the right mix of technology and services to capitalize on potential savings or boost worker productivity, according to a recent survey by Xerox Corporation (NYSE: XRX - News) and International Communications Research.

In fact, nearly 75 percent of respondents indicate their organizations are still shuffling stacks of paper, and they don't take advantage of digital storage to help manage the information locked insidepaper documents. Top challenges include cutting costs and maintaining information security.

With most IT departments spending as much as 40 percent of their time and budget administering document technology, 83 percent see it as an area ripe for improvement. One-third of those surveyed feel their organizations don't have a handle on the hard and soft costs associated with document technology and services and lack the tools to maximize spending while meeting the needs of end-users.

"Content and document management is now in the headlights of information technology professionals as IT departments are asked to find new ways to tap valuable information, cut costs and contribute to the overall growth of their organizations," said Rick Peebles, vice president and chief technology officer, Xerox Office Group. "The right mix of document technology, software and services improves efficiency and helps businesses reap the benefits of their IT investments and staff."

While more than 60 percent of respondents believe their confidential documents are safe from both internal and external threats, information security was stated as a top challenge by more than 75 percent of IT staff. In addition, 23 percent claim they have not connected personal devices, such as inkjet and personal printers, to company networks due to security concerns.

Implementing content management software - which is used for organizing information and helping office workers collaborate online - was called out as a top priority. Fifty percent of those surveyed predict that more hardcopy documents will be scanned over the next three to five years, helping to save money and increase security through digital document archiving and storage.

Document management, electronic records management, imaging capabilities and digital document archiving and storage in secure repositories were all cited as ways organizations could save time and money. And more than half of the respondents from large businesses believe outsourcing the management of document technology could help make their IT staff become more efficient and reduce costs.

ICR conducted 250 telephone interviews with senior-level IT staff nationwide in businesses of 100 or more employees between July 11 and Aug. 15, 2006. ICR, based in Media, Pa., is one of the nation's leading market and opinion research firms. At a 95 percent level of confidence, the margin of error for these results is +/- 6.2 percentage points.

Listening to IT

In a continuing effort to understand the areas of importance and to deliver solutions for IT, Xerox recently launched www.bigilittletblog.com to promote discussions on issues, trends and opportunities in the IT and document management industry.

In addition, Xerox hosts "IT Xchange," a series of free educational webcasts that provide practical solutions to specific IT and business issues. The webcasts, accessible on-demand at www.xerox.com/webinar, also serve as a forum for IT professionals and industry experts to share best practices and examine ways to reduce costs, enhance employee productivity and ensure return on IT investment.

To help educate IT managers and other information workers about security issues, Xerox is hosting a series of security summits across North America in Chicago, Cincinnati, Phoenix, Seattle, Stamford, Conn., and Toronto.

Customer Contacts:

For more information about Xerox products and services, visit www.xerox.com or call 800-ASK-XEROX.

NOTE TO EDITORS: For more information on Xerox and to receive its RSS news feed, visit www.xerox.com/news. XEROX is a trademark of XEROX CORPORATION.


Contact:

Xerox Corporation 
Media:
Lisa Weaver, 503-685-3828 (office)
Cell phone: 503-803-2569
lisa.weaver@xerox.com
or
Erin Isselmann, 503-685-4493 (office)
Cell phone: 503-819-6825
erin.isselmann@xerox.com

Source: Xerox Corporation