The Intranet Benchmarking Forum announced the launch of a new service - the Intranet Financial Value Benchmark (IFVB), launching on the a Intranets Live broadcast on Tuesday 5th May from 1500-1700 BST. Developed in conjunction with financial analysts and some of the IBF's 70 member organizations (namely BT, Nokia, Sara Lee, BP, and Lloyds TSB), IFVB quantifies the exploited and unexploited contribution of an intranet in terms of financial cost savings, revenue gains, and reduced risks. Specifically, an IFVB evaluation provides: a financial value for intranet or related portal services, a breakdown of value into functional areas (such as HR and sales & marketing), an estimate of the exploited and unexploited value per employee, and recommendations on how additional financial value can be exploited value comparisons with other organizations.

(www.ibforum.com)