August 30, 2013, 1:13 PM — Imagine your manager offered to eliminate much of the red tape, bureaucracy and distractions you encounter daily.
Imagine eliminating the hours spent in meetings to discuss the need for more meetings. Imagine your manager were able to distribute the workload more evenly among colleagues, or even recognize the need to hire additional personnel.
Now imagine your manager offered all these things, and all you'd have to do is let him read your email.
Enter the Social Enterprise
That's the promise behind VoloMetrix's Social Enterprise Intelligence, an automated, software-based plugin that extracts data from corporate IT collaboration applications including email, calendars, messaging and various social networks.
VoloMetrix then uses that data to analyze exactly where and how much time, energy and costs are being spent on day-to-day operations and on strategic initiatives.
"Think of it like a 3D networking topography," says VoloMetrix CEO Ryan Fuller. "A general organizational chart is flat -- it shows who reports to whom, but it doesn't show who's collaborating across departments and divisions and with whom, who's working together on certain projects, the dependencies and the connections. This is a great source of untapped data," Fuller says.
CIOs and other C-level executives have plenty of access to data "after the fact," says Fuller, in the form of financial and revenue metrics, call center logs and data, and customer tracking through CRM systems. However, it's difficult to gain real-time insight into how employees are connected, how resources are being used and how time is being spent.
Social Analytics: A New Form of Business Intelligence
"This kind of enterprise social analytics technology is a hot commodity right now as enterprises look for new ways to leverage these social connections for business," says Glenn O'Donnell, principal analyst, Infrastructure and Operations Professionals at Forrester Research.
"They already see value in Facebook, LinkedIn, even Twitter's proprietary algorithms that can see connections and then infer what people are interested in, can see how they're connected with other folks, and make sense of your network," O'Donnell says.
Using social analytics on previously unused data sets -- reading email headers, calendar data, instant messaging logs -- can deliver a lot of business value, especially for large, distributed enterprises that aren't on a first-name basis with most of their employees, he says.
"If you're a small organization, everyone's already intimately involved with each other and those connections are well-known. There's really no need to track who's interacting with whom, how often and why, because chances are, you already know all too well," O'Donnell says.