Update: IKS Semantic Technology Project Making Solid Progress

In only two years, the Interactive Knowledge Stack (IKS) (news, site) project has released its first working demo of a semantic knowledge engine and is making quite a stir, as early adopters begin integrating it into their content management software. Recent events have also seen part of the results acceptance as an Apache incubator projected named Stanbol. Here’s an update.

Much to the dismay of some, IKS did release an alpha version of their project. CMSWire has followed the EU-funded effort since the early stages, inviting readers to become an early adopter, or fill in the semantic features survey. The first working demo, FISE The RESTful Semantic Engine, was released by Nuxeo (news, site) a few months ago, with new developments to the story already.

What Is IKS and Why Does It Matter?

IKS is an open source project whose purpose is to add semantic functionality to content management systems. The large project is still in its early stages, so there is more to see from it in the future. The goal of the project is to make semantic technologies popular, which in turn will speed the implementation of semantic functionality in CMS.

IKS is not a single project. It has several sub-projects and a consortium of seven research partners and six industrial partners — the idea being to bridge science and research with business. For those who may want to see IKS components first hand, the second annual Amsterdam workshop on the 9th and 10th of December will demonstrate the new Stanbol architecture for the first time.

As for what a Semantic Engine does, here are some common examples of semantic functionality:

Categorize documents

Suggest meaningful tags

Find related documents and assets

Extract and recognize known entities

Detect yet unknown entities

Extract knowledge assertions

via Update: IKS Semantic Technology Project Making Solid Progress.

Justifying the Cost of a Document Management System | Content Management Software

Evidence for the cost-effectiveness of document management software

A report from research company The Gartner Group found that on average each worker spends around eight hours per week of ‘wasted time’ dealing with documents. This time is broken down in the following ways:

  • An hour is spent looking for documents
  • 1.5 hours are wasted trying to re-purpose or manipulate document content
  • An hour is spent struggling with documents which are hard to update
  • Another hour is spent trying to share documents
  • 30 minutes are spent trying to publish documents consistently
  • Another hour is wasted because document creation/review is done on an ad hoc basis
  • 30 minutes are spent because it is not immediately obvious which documents are important and which are not
  • Distributing, copying, filing and printing takes at least one hour per week
  • Archiving which is inefficient takes another hour

Bearing in mind that most employees rely on paper-based files to some extent in their work, this 8 hours per week can be taken as an average. Use average hourly rates to calculate the wage spend this is costing your company.

via Justifying the Cost of a Document Management System | Content Management Software.

3 Secrets that the Document Management Vendors Aren’t Telling You | Content Management Software

If you’re shopping around for document management software, you may already have a good idea of what you are looking for in a system. You’re probably hoping to simplify and expedite your processing capabilities. You want a solution that will make you more competitive, and enable improved customer service. At the same time, you’re probably looking for a system that will help you minimize risk by protecting privacy, demonstrating accountability, and providing disaster recovery. When you get right down to it, document management does a lot more than help you to eliminate paper.

via 3 Secrets that the Document Management Vendors Aren’t Telling You | Content Management Software.

Web CMS: Adobe Buys Day Software for US$ 240 Million

Following Adobe’s enormous acquisition of Omniture, in a deal roughly one-eighth the size, the company has snatched-up Switzerland-based Day Software, a well known (to us) maker of Java-based content repositories and enterprise-focused Web Content Management software, via an all-cash bid of about US$ 240 million.

Per Adobe’s press release, Adobe Systems Incorporated (Nasdaq:ADBE) and Day Software Holding AG (SIX:DAYN) (OTCQX:DYIHY) announced the two companies have entered into a definitive agreement for Adobe to launch a public tender offer to acquire all of the publicly held registered shares of Day Software for CHF139 per share in cash in a transaction valued at approximately CHF255 million on a fully diluted equity-value basis. This approximates US$ 240 million at the current exchange rate.

via Web CMS: Adobe Buys Day Software for US$ 240 Million.

Document management software a priority in Asia Pacific | ComputerWorld Hong Kong

IDC said Thursday that most respondents in a recent survey indicated that they plan to invest in document management software, followed by record management software among all other content management (CM) software in the Asia Pacific excluding Japan region.

“In India, Singapore, China, and Australia, managing content published on the Web is the top role played by CM software,” said Ridhi Sawhney, market analyst of Asia/Pacific Software Research at IDC. “Managing content with ever-increasing volumes of information, mounting regulatory pressure, and disparate applications with isolated data repositories, remains a big challenge. There is continuous demand for content management software from legacy businesses and developing countries as organizations endeavor to transition from manual overlay systems to automated systems.

CM market in the region is expected to grow steadily at a five-year compound annual growth rate (CAGR) of 7.42 percent, reaching US$ 308.42 million by 2013.”

[continued] IDC: Document management software a priority in Asia Pacific | ComputerWorld Hong Kong.