Cerebyte Teams With Professional-Service Firms - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
News

Cerebyte Teams With Professional-Service Firms

As businesses recognize how much their intellectual capital isvalued by customers, some are using knowledge-management software to profit from their own know-how.

Cerebyte Inc., a producer of intellectual capital-management software--which records employee expertise so it can be used throughout a business--has partnered with eight professional- service companies. The consulting companies plan to customize Cerebyte's basic Infinos software with their best practices and resell it to customers under private labeling. The companies represent a variety of markets, including safety training and biosciences consulting. Cerebyte charges the partners about $6,200 for Infinos and will receive royalties from each sale. By using the private-label software to share their expertise with clients, the companies hope to gain new revenue streams beyond the traditional billable hours they charge as consultants, says William Seidman, president and chief executive of Cerebyte.

Employees' corporate knowledge is gathered through interviews. The software has multiple screens that prompt experts to answer specific questions regarding best practices on particular subjects--for example, how to establish a successful in-house ergonomics program. In the case of consulting companies, the software records best practices that consultants have successfully implemented throughout various industries. It also establishes timetables for executing projects and identifies decision-makers for specific areas.

One of Cerebyte's partners, CoreMedia Training Solutions Inc., projects the software will double its revenue stream by 2001, from $1.5 million to $3 million. The Portland, Ore., safety-training company plans to launch its private-label version of Cerebyte's Infinos in early November. It will encompass CoreMedia's best practices in about 150 topics. CoreMedia already has a large deal pending with Argonaut Insurance Co.

Seidman says the tentative resale pricing ranges from $2,300 to $7,500. Seidman plans to have 30 partners on board by year's end and is in discussions with three of the Big Five consulting firms.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
State of the Cloud
State of the Cloud
Cloud has drastically changed how IT organizations consume and deploy services in the digital age. This research report will delve into public, private and hybrid cloud adoption trends, with a special focus on infrastructure as a service and its role in the enterprise. Find out the challenges organizations are experiencing, and the technologies and strategies they are using to manage and mitigate those challenges today.
Commentary
Enterprise Guide to Digital Transformation
Cathleen Gagne, Managing Editor, InformationWeek,  8/13/2019
Slideshows
IT Careers: How to Get a Job as a Site Reliability Engineer
Cynthia Harvey, Freelance Journalist, InformationWeek,  7/31/2019
Commentary
AI Ethics Guidelines Every CIO Should Read
Guest Commentary, Guest Commentary,  8/7/2019
Register for InformationWeek Newsletters
Video
Current Issue
Data Science and AI in the Fast Lane
This IT Trend Report will help you gain insight into how quickly and dramatically data science is influencing how enterprises are managed and where they will derive business success. Read the report today!
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll