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AskMe Corporation
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Company Overview
AskMe Corporation is the leading provider of enterprise software and professional services for deploying employee knowledge networks. We are successfully helping Global 2000 companies leverage their most valuable asset - their employees' knowledge and expertise - to drive organizational success and improve bottom-line performance.
Our expertise resides in the rapidly growing and high-impact market of emerging collaboration and knowledge management technologies - a market closely monitored by leading analyst firms that include Gartner, Giga Information Group, Meta Group and IDC. The significance of this market is tremendous, with worldwide organizations already investing billions of dollars on these technologies, and collectively these experts forecast that this figure can be expected to exponentially grow moving forward.
IDC supports the significance of the market, noting that the average cost of ineffective knowledge management has been translated to $5,000 per worker per year in 1999 and is expected to increase to more than $5,800 in 2003. This statistic indicates that the average Global 2000 organization employing 80,000 employees will lose an astounding $4.4 billion annually by failing to invest in technologies that help to improve employee-to-employee collaboration and knowledge sharing!
With the strongest customer base of any provider in our category, AskMe is providing companies like Procter & Gamble, Honeywell and Gerber with the only award-winning employee knowledge network solution that has been proven time and time again through real-world customer deployments. That, combined with our financial strength, domain and industry expertise and ability to deliver real business value to our customers, has uniquely positioned AskMe as the provider of choice for the Global 2000. AskMe Corporation was founded in 1999 and is headquartered in Seattle, Washington.
Our Technology
Unlike traditional collaboration technologies that focus on improving access to documents, AskMe Enterprise provides large companies with a comprehensive system that enables employees to not only locate and benefit from the documented knowledge within the organization, but to also identify 'undocumented knowledge,' or the expertise and know-how of their colleagues. For employees who are blocked with business problems on critical projects, AskMe Enterprise provides a central resource with the most relevant and up-to-date information and employee expertise in the organization. With this valuable information at their fingertips, employees are empowered to make faster and more informed business decisions, avoid work redundancies and reduce project cycle times.
The value of AskMe Enterprise also extends to the organizational level. By intelligently capturing each knowledge exchange that occurs between employees and storing all shared information in a knowledgebase, AskMe Enterprise enables large companies like Procter & Gamble, Honeywell and Gerber to proactively mediate the growing epidemic of 'knowledge erosion' that naturally occurs when internal teams split and transition to new teams upon finishing critical projects, when organizations restructure or when employees retire or leave the company. The end result allows these companies to compete more effectively in today's dynamic and highly competitive marketplace.
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