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Procter & Gamble enhances innovation by purchasing another installment of AskMe Enterprise
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SEATTLE, July 16, 2001 - AskMe Corporation, the leading provider of enterprise knowledge sharing solutions, today announced that The Procter & Gamble Company (NYSE: PG) has purchased a second installment of AskMe Enterprise™ to further increase the value of Innovation Net, the company's largest intranet site, by facilitating greater employee collaboration and enabling more consumer-driven innovation.
Innovation Net (INET) reaches 18,000 key knowledge workers at Procter & Gamble in departments such as R&D, Engineering, Purchasing, Consumer & Market knowledge, Patent/Legal and Business Information Systems. AskMe Enterprise has been integrated into the intranet's framework to locate, catalogue, transfer and maintain employee knowledge. "A second purchase of AskMe Enterprise by one of the world's largest consumer products company is another indicator that large organizations are making significant investments in knowledge sharing solutions. We believe this proves that AskMe's solution is clearly the best in its category", said Udai Shekawat, CEO for AskMe Corporation.
The capture and sharing of internal knowledge is becoming increasingly important to large corporations. According to a study by The Delphi Group, nearly 88 percent of a company's knowledge resides in the minds of its employees. But most companies lack an efficient system that enables them to tap into that knowledge in ways that provide a strong return on investment.
"With AskMe Enterprise, corporations such as P&G are able to see results quickly," Shekawat said. "Large corporations have recognized that constantly re-inventing the wheel is inefficient and slows important processes and hence, negatively affects the bottom-line. With AskMe, companies are creating a giant knowledgebase that can be accessed instantly throughout an organization."
Once AskMe Enterprise is integrated into a corporate Intranet such as Innovation Net, employees can identify qualified individuals with relevant expertise, submit questions or business problems to individuals and receive solutions from colleagues in order to take immediate and effective actions. Answers and solutions that are transferred via AskMe Enterprise are captured in a knowledgebase so other employees can reuse them in the future.
About The Procter & Gamble Company
Procter & Gamble markets approximately 300 brands to nearly five billion consumers in over 140 countries. These brands include Tide®, Ariel®, Crest®, Pantene Pro-V®, Always®, Whisper®, Pringles®, Pampers®, Olay®, Iams® and Vicks®. Based in Cincinnati, Ohio, USA, P&G has on-the-ground operations in over 70 countries. For more information on P&G and its products, please visit http://www.pg.com.
About AskMe Corporation
AskMe Corporation is the leading provider of knowledge sharing software for Global 2000 companies. The privately held company was founded in 1999 by former Microsoft executives who envisioned a way to capture, catalogue, transfer, and maintain employee knowledge to create measurable bottom-line business benefits and sustainable competitive advantage.
The Bellevue, Washington-based company is made up of experienced technology professionals from industry leading companies such as Microsoft (MSFT), Intel (INTC), i2 (ITWO), and ISS (ISSX). AskMe customers include CNA Financial, Clarica, 3Com, Talisma and others.
AskMe, AskMe.com, and AskMe Enterprise are trademarks of AskMe Corporation.
To get more information about AskMe Enterprise, click here.
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