You probably haven't realized it yet, but the value lost due to missing information is enormous. A 2005 study by M.K. Bergman reveals that
- it costs in average $150 to find a misfiled document;
- 7.5 percent of all documents are lost forever;
- the average knowledge worker spends 25% of their work time with searching for critical information; and
- organizations spend 5 to 15% of their total revenue (!) on handling documents.