By Increasing Worker Productivity, These Canadian Startups are Creating More Time for Innovation

A study released in August by the IDC says that information workers waste a lot of time dealing with the challenges associated with documents.

That wasted time amounts to a 21% loss in the organization’s total productivity. That amounts to a loss of nearly $20,000 per information worker. The IDC suggests that addressing these time wasters would be equivalent to hiring 213 new employees in an organization with 1,000 people.

Information workers are also already overworked. They spend an average of 45 hours a week working which is above average of the general workforce.

Toronto’s Venngage, part of the JOLT accelerator, recently released a tool so that marketers could much more easily visualize data through the creation of infographics. The company has now taken it one step further in allowing marketers to take the pain out of reporting analytics.

It makes reports in minutes for analysts that need a way to clearly communicate data to decision makers quickly. That’s without complicated installs or API integrations.

That’s a better option than visualizing by hand or through PowerPoint which can take quite a long time. “Anyone can create a report in just a few clicks by selecting a template, uploading their data, and dragging it to the charts,” says Venngage’s chief marketing officer, Lucas Walker. “The end result is a beautiful report that is clear to draw insight from and allows your audience to understand the importance of your data.”

Venngage isn’t the only startup in Toronto that has changed document management in the way of added productivity for small and large companies alike. Uberflip, which Techvibes mentioned back in the spring, offers supercharged editable and trackable HTML5 PDFs for publishers on a variety of screens.

Their PDF solutions further allow for the integration of audio, video, social widgets, and more.  The company has turned over 600 million digital pages since opening up for business for a variety of brands like Microsoft, Deloitte, and Thomson Reuters which has landed them at 13th on the PROFIT HOT 50 list.

And Adobe, always in a hurry to catch up to the curve, has announced significant changes for the 11th edition of Acrobat Reader.

The company’s next-gen reader includes complete PDF editing, export to Microsoft PowerPoint and touch-friendly capabilities on tablets like Uberflip. Users will be able to modify paragraphes, images, and objects. They can also arrange and visually select content and multiple documents into one organized PDF file. It also includes newly integrated cloud services, web contracting with Adobe EchoSign, forms creation, data collection and analysis with FormsCentral, seamless Microsoft Office integration, and SharePoint integration.

While most of the latter things have been around individually for quite some time already, the powerful bundled combo makes Acrobat Reader XI a powerful combination for businesses. 

“More and more information is being generated, shared and consumed in documents than ever before. Working with online forms, collaborative PDF reviews and signatures are the everyday norm for business professionals who were once simply content creators,” noted Kevin Lynch, a senior vice president at Acrobat. “IT departments need to support these changes while maintaining and maximizing the use of existing infrastructures and systems, as well as provide support and services that enable their organizations to take advantage of new business opportunities, improve results, justify return on investment, and lower the total cost of ownership.”

If tools like Venngage, Uberflip, and Adobe Reader XI can help reduce the stress and boost productivity from information workers, the employee and the employer both win.

Information workers will have more time to support company innovation, which is something that has been difficult in Canada, as they are also oftentimes researchers.