John Robb compares the RoI of a K-log (knowledge weblog), as compared to an Intranet portal. Phil Wolff summarises his conclusions:
Can blogs can replace portals? If so, what are the relative costs, benefits, ROI? [John Robb’s] answers (and I concur): Yes for everything except “adding a web front end to business apps”
Blogs look better:
– Costs: $142 vs. $807 per desktop (Costs 82% less)
– Benefits: $1,658 vs. $1,886 per desktop (Delivers 88% of the value)
– ROI: 1,170% vs. 240% (or 4.9 times the ROI)Considering that so many projects:
– Aren’t funded at all in this economy
– Fail completely (around 25% are cancelled or aborted)
– Fail partially (blowing scope, schedule, or budget)
Setting up a klognet seems like a low risk, high payoff proposition.