Alarming
Growth
"Spam
accounts for 45% of all e-mails,
or 15 billion messages every
day, and costs business world-wide
a total of $20 billion a year
in lost productivity and technology
expenses, according to the
Radicati Group, a market research
firm in Palo Alto, CA. The
firm predicts the number of
daily spams will rise to more
than 50 billion by 2007, and
costs will reach almost $200
billion per year."
--
Wall Street Journal, August
2003
There
is no doubt that spam is growing
at an alarming rate in both
personal and corporate inboxes.
According to the Radicati
Group, spam accounts for 45%
of all emails and that number
is expected to continue increasing.
That's just simply astounding
and unacceptable.
How
is spam affecting your company?
How much is spam costing your
company?
Using
a conservative approach, let's
take a look at how much spam
is estimated to cost a company
of 1000 people.
If
we make the assumption that
each person receives on average
20 spam emails per day and
spends on average 15 seconds
processing each email, then
that means the company receives
about 7.3 million spam emails
over the course of an year
and that its employees spend
about 30,500 hours processing
these spam emails by either
deleting them or responding
to them. That's 30,500 hours
of lost productivity!
To
quantify this lost productivity,
let's assume that the salary
per person averages out to
be $60,000. This translates
to a productivity loss of
over $877,400 in a year.
So,
just looking at employee productivity,
spam is costing this company
of 1000 employees over $877,400
a year. If you further calculate
in technology expenses associated
with spam, such as the amount
of time wasted by the email
servers in processing all
the spam emails and the amount
of time IT support staff spends
battling spam, you'll find
that the cost of spam only
goes up.
The
Barracuda Spam Firewall helps
you dramatically reduce the
amount of spam your company
receives and subsequently,
reduce your costs associated
with spam. Most customers
see a return in their investment
in just a matter of days.
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