Effective knowledge sharing deals directly with the creation and transfer of company information and, therefore, is essential to a company's long-term organizational effectiveness. In the fast-paced and competitive economy, companies need to know what they know and leverage internal know-how and expertise in order to maintain a competitive advantage.

Sue Feldman, research vice president content management and retrieval software at IDC estimates that knowledge workers spend anywhere from 15% to 33% of their time digging for relevant information, coming up empty about half the time. IDC goes further, estimating the average cost of ineffective knowledge management to exceed $5,800 per worker per year. This cost projection indicates that an average organization with 1,000 knowledge workers may lose an astounding $6 million annually by failing to invest in technologies that help improve employee-to-employee collaboration and knowledge sharing.

BeeDrive develops software that focusses on the organization’s most valuable knowledge asset: its work product. Client memos, presentations and proposals are often not fully leveraged in a knowledge sharing initiative because of client confidentiality constraints. With our sensitive data extraction software client confidential documents can be easily converted into actionable know-how that will facilitate the re-use of your organization’s best practice work product.