“Factiverse saves organizations 297k hours of research time a year.”
To explain the importance of that benefit, we need to look at today’s data-driven world.
The amount of time you spend looking for and validating the data that you are using is a task that holds unparalleled importance. Without the accurate insights to support a decision or a project, you open yourself and your teams to risk. No matter what sector you belong to.
How Factiverse performs that crucial functionality is that it extracts controversial statements in textual content and has them analyzed within seconds with a score of credible sources.
Resulting in comprehensive analyses and insights that are made with both speed and precision.
The rising time cost of information gathering
So let's start with some basics about research and analysis. They’re both integral to modern roles like risk management, communication, and analysis.
You would think that gathering information would be as seamless as it can be with the amount of search engine tools available today on the market but it isn't.
According to a 2012 McKinsey report found that knowledge workers spent an average of 1.8 hours per day searching for information. Fast forward to today, and that figure has doubled: employees now spend up to 3.6 hours daily trying to find and validate data (Asana, Coveo).
These numbers show that research time is going up, and it also shows that it’s a massive drain on resources. Every hour spent looking for information is not spent making strategic decisions to improve your business operations.
Let's do the math
Here is a hypothetical scenario.
Imagine a company with 10,000 employees, of which 25% are in research-intensive roles/ Picture roles like analysts or communication specialists, for example. That’s 2,500 employees regularly engaged in finding and validating information.
Assuming a conservative 1.8 hours/day spent on research, over 220 working days per year, each employee loses about 396 hours annually to information gathering.
Across those 2,500 employees, that totals nearly 1 million hours a year. Literally, just on research
How AI tools like Factiverse reduce research time
Sometimes tech like AI comes in at the right place at the right time.
Specifically, tools like Factiverse, extract controversial statements in textual content and have them analyzed within seconds with a score of credible sources. It is built on years of academic research conducted at the University of Stavanger in Norway.
It leverages advanced natural language processing and intelligent fact-checking algorithms to streamline how employees find, verify, and analyze information.
So instead of manually sifting through documents, articles, or data sets, users can be presented with credible insights within seconds.
Look at the conventional method of researching using search engines, where you need to:
- Search the claim
- Read the sources
- Analyze the sources
- Deliberate on the credibility of the source
- Create a conclusion based on your research
Factiverse does this instantaneously, while that is important, focus is not just on the speed of our tool. Accuracy and transparency are fundamental design principles of the Factiverse tools.
So if Factiverse returns with a 30% reduction in time spent on research, this could save a single employee more than 118 hours per year. If you multiply that by 2500 employees, that means 297,000 hours saved.
The business case: converting time into savings
Let’s convert time into monetary savings.
Based on the average EU labor cost of €35.6/hour, saving 297,000 hours per year translates into €10.58 million in annual cost savings.
That’s a tangible return on investment, and it’s achieved by simply improving how employees access and validate information. For many organizations, these savings could fund new initiatives or expand teams to conduct more high-quality work that requires human ingenuity that AI tools simply cannot provide.
Beyond cost: Quality, confidence, and compliance
The benefits of AI-powered research tools like Factiverse go far beyond cost savings as well.
These tools help:
- Improve decision-making with faster, verified insights across multiple types of content
- Strengthen compliance by reducing misinformation risk
- Enhance employee satisfaction through streamlined workflows
Ultimately, companies gain not just efficiency but trust from their stakeholders by delivering projects that are backed by credible sources.
Final thoughts: Rethinking research for the AI era
In a world where the pace of business is only accelerating and the demand for reliable insights is higher than ever, spending hours every day on manual research is no longer sustainable.
The data speaks for itself. Inefficiencies in information gathering cost companies millions annually, not to mention the missed opportunities and increased risk that come with outdated or inaccurate data.
Factiverse is designed to meet this challenge head-on it actually delivers valuable results. By automating the verification of controversial statements, surfacing credible sources in seconds, and providing transparent analysis.
If you're ready to cut research time by up to 30%, unlock significant cost savings, and empower your teams to focus on what truly matters, it’s time to integrate Factiverse into your workflow.
Source List:
https://asana.com/resources/state-of-work-innovation
https://www.mckinsey.com/~/media/mckinsey/industries/technology%20media%20and%20telecommunications/high%20tech/our%20insights/the%20social%20economy/mgi_the_social_economy_full_report.pdf
https://venturebeat.com/business/report-employees-spend-3-6-hours-each-day-searching-for-info-increasing-burnout/?utm_source=chatgpt.com
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