Interwoven Optimost Gains Momentum As Companies Invest in Maximizing Online Business Performance
Making Website Testing and Optimization an Integral Part of Content Management Key to Attracting, Converting Online Customers
SAN JOSE, Calif., - February 27, 2008 - Interwoven (NASDAQ: IWOV) customers are embracing the combination of Interwoven's content management solutions (CMS) and the recently acquired Optimost real-time multivariable testing and Website optimization (MVO) capabilities. The Interwoven Multivariable Optimization solution, powered by Interwoven Optimost, identifies the most compelling combination of web content and design by exposing different combinations of online content elements to different visitors and then measuring visitors' actions. Using Interwoven's web content management solutions, marketing teams can then deploy, and continuously improve, the most effective presentation to subsequent visitors.
Butlins, the UK's favourite holiday destination, recently selected the Interwoven Multivariable Optimization solution to increase visitor conversion rates on their popular website - www.butlins.com. Interwoven Optimost will help Butlins improve key areas of its website to optimize visitor journeys from the home page through to booking, ultimately leading to an improved customer experience and increased bookings.
EDMC, one of the largest providers of private post-secondary education in North America, is using the Interwoven Multivariable Optimization solution to help increase student acquisition and improve access to services through its Web channels. "We immediately recognized the value of enhancing our existing Interwoven solution with the Interwoven Optimost testing and optimization services," said Bob Barr, senior vice president of Interactive at EDMC. "With the Multivariable Optimization solution, we will be able to deliver an optimized experience through our different Web properties, our primary interaction point with current and prospective students across our 81 different locations."
TrustedID, a leading provider of proactive consumer identity theft protection solutions, used the Interwoven Multivariable Optimization solution to create a compelling and engaging online experience that delivers measurable business impact. As a result of using the solution, the company experienced a double-digit increase in their Web conversion and subscription rates over 6 months. "Interwoven helped us take our business to the next level in the shortest possible time," said Lomit Patel, senior director of marketing at TrustedID. "The results we achieved helped us significantly increase revenues and subscriptions."
Content Management and Website Optimization: The Perfect Combination to Accelerate Online Results
To maximize the impact of each online experience, leading marketers are accelerating the testing of every element of their Web properties - content on landing pages, registration pages, shopping carts, credit card pages, pop-ups and pop-unders, rich media, web applications and more. In fact, according to a recent JupiterResearch report, 73 percent of budget decision makers using A/B or multivariate testing said they plan to increase their testing budgets for next year, and 53 percent of budget decision makers planning to deploy testing within the next twelve months come from companies with annual revenue of $1 billion or more (Multivariate Testing Agenda, JupiterResearch, October 22, 2007).
However, the sheer number of content, layout and image combinations is too complex to implement effectively without the proper tools and expertise. And with regular changes to Web content, innovations in interactive technology, and evolving customer preferences, the pace at which marketing teams need to test and measure is rapidly increasing.
As such, organizations are turning to Interwoven Optimost for the sophistication, flexibility, and expertise required to maximize online business performance. Since the acquisition of Optimost in November, Interwoven has continued to build momentum in the marketplace for its multivariable optimization solution, and has secured new Interwoven Optimost customers around the world, including Amnesty International, Butlins, and EDMC.
"In a period of economic choppiness, marketers are under intense pressure to accelerate revenues through their online properties," said Ben Kiker, chief marketing officer at Interwoven. "Delivering a targeted, profitable experience online begins with content, and our unique ability to combine content management and Website optimization is delivering business impact to our customers."
Customer Podcast
Hear how Lomit Patel from TrustedID is working with Interwoven to significantly improve their Website's sales performance through the use of multivariable optimization, listen to our podcast at: http://www.interwoven.com/trustedid.
About Interwoven
Interwoven, Inc. (NASDAQ: IWOV) is a global leader in content management solutions. Interwoven's software and services enable organizations to maximize online business performance and organize, find, and govern business content. Interwoven solutions unlock the value of content by delivering the right content to the right person in the right context at the right time. Over 4,700 of the world's leading companies, professional services firms, and governments have chosen Interwoven, including Airbus, Amnesty International USA, Avaya, BT, Cisco, Citi, Delta Air Lines, DLA Piper, FedEx, Grant Thornton, Hilton Hotels, HKMP LLP, Hong Kong Trade and Development Council, HSBC, LexisNexis, MasterCard, Microsoft, Samsung, Shell, Sky Italia, Qantas Airways, Tesco, Virgin Mobile, and White & Case. A community of over 25,000 developers and over 300 partners enrich and extend Interwoven's offerings. To learn more about Interwoven, please visit www.interwoven.com.
Summary: ...web channel is the only way people could sign up for our service” explains Lomit Patel, the company’s Senior Director of Marketing. “Improving our online conversion rates and reducing drop-offs has an immediate impact on our bottom line, so we’re highly focused on continually optimizing our customer...
Summary: ...the new version revealed the dramatic impact of the learnings: “The results were incredible, exceeding by a wide margin even our most optimistic goals. We saw a significant increase in every one of our core measures, sometimes of more than 100 percent.” Multivariable testing with Autonomy Optimost...
Summary: ...Please visit www.autonomy.com to find out more. Solution Overview: Building Value Online through Multivariate Testing with Autonomy Optimost Autonomy Optimost provides complete, managed multivariate testing services, from test planning and design through implementation and data analysis, to enable companies...
Summary: ...permutations of web content and layout segmentations in order to identify in real time the experiences that generate the highest conversion rates. Autonomy optimizes revenue by testing virtually every online marketing element, including landing pages, registration pages, shopping carts, credit card pages,...
Summary: ...EarthLink - Case Study. PROMOTE POWER PROTECT EarthLink Delivers a Compelling Online Experience with Autonomy EarthLink, a leading Internet Service Provider (ISP), connects millions of subscribers with the power and possibilities of the Internet. The Altantabased company has earned an award-winning reputation...
Summary: ...on higher value activities. Automated capabilities such as multivariable testing (MVT), segmentation and targeting, product recommendations, and advanced analytics provide advanced functions that increase conversion rates, sales, customer engagement and lifetime value while automating processes to lower...
Summary: ...loop is critical to providing incremental improvements to relevance and user satisfaction. Reaping the benefts At the moment, the frm is looking at people’s feedback and response towards the solution. It has only been two months since the initial implementation, so it’s a bit soon to measure the full...
Summary: ...for our customers while radically speeding time-to-web for promotions and other content,” says Farnsworth. “Instead of waiting for weekly updates, we make changes as often as twice daily, and a given change can go live in half a day as needed.” As BT continues to grow through acquisition, the company...
Summary: ...receive updated assets through the same interface. Plans for the Future While EDMC continues to roll out its Autonomy solution across its schools, the company is already looking ahead to the next phase. The company recently purchased the Autonomy Revenue Optimization solution, Autonomy Optimost, which...
Summary: ...and improve disk storage management and systems stability within its messaging environment. Prior to the archive implementation, email storage was growing at an 8% monthly rate. This has been cut significantly to a much more manageable growth rate of between 1% and 2% per month. Additionally, VUMC is...
Summary: ...and improve disk storage management and systems stability within its messaging environment. Prior to the archive implementation, email storage was growing at an 8% monthly rate. This has been cut significantly to a much more manageable growth rate of between 1% and 2% per month. Additionally, VUMC is...
This is a small selection of the Autonomy case studies available, please visit our publications site at http://publications.autonomy.com/ for more information.
Summary: ...Autonomy Optimost - Product Overview. • Multivariate Test Page Component Experimentation: true multivariate testing supported by a proven methodology that allows you test unlimited combinations of content variables and determines what impact each variable has. • 100% Customizable Reports: customize...
Summary: ...a dramatic and measurable boost to bottom-line performance by significantly improving conversion rates, including online sales, click-throughs, registrations, leads, downloads, page views, or other measures of online success. Multivariate testing gives unparalleled insight into how each piece of content...
Summary: ...the policies and contracts they sell, insurance companies are at a competitive advantage with the accelerated account initiation offered by Cardiff. Reduced Abandonment Rates By making it easier and faster to initiate a new account, Intelligent Documents reduce abandonment rates from clients who previously...
Summary: ...training all delivered and synchronized with call recordings • Multichannel architecture drives agent improvement across all communication channels • Desktop triggers • Integration with Autonomy Interaction Control Element (ICE) for application and field-based triggering Multichannel Engagement...
Summary: ...and retained it, but also detect the influence of its content: who in the enterprise has taken, re-purposed, been persuaded or even plagiarized what they have heard or seen. The ripple effect of an idea can be measured as it jumps from mail to phone conversation to document. Even if that jump contains...
Summary: ...or "hot", and prioritize that data in hours and days instead of weeks or months. By prioritizing the data into a more manageable result set, legal teams can significantly decrease the volume of data that is sent on for review, creating measurable cost savings for their clients. The system then automatically...
Summary: ...present in any data, Command and Control allows security teams to understand the potential signifi cance of seemingly disparate pieces of intelligence and take preventative measures to protect against risk. Digital and Network Video Recording (DVR and NVR) Virage provides a full range of digital and network...
Summary: ...The increasingly diverse set of channel vehicles being used for customer and client communication— websites, blogs, email, chat, social networking sites, phone, CRM applications, and collaboration tools—only increase the risk of insider theft, fraud, and data loss by providing easier access to highly...
Summary: ...value proposition for ISVs by delivering dynamic, on-thefly conversion of the most popular file formats into Webready HTML and valid XML •Automatic detection of file types without relying on filename extensions •Sim ultaneous conversion of multiple documents •Lower bandwidth footprint for SaaS applications...
Summary: ...span both the United States and Europe, and are Statement of Accounting Standard number 70 or “SAS70” compliant. They process more than one billion documents a month, currently host over 10,000 matters with 6 -10 billion pages in active litigation review each month and more than 31 petabytes of data...
Summary: ...of Accounting Standard number 70 or “SAS70” compliant. They process more than one billion documents a month, currently host over 10,000 matters with 6 -10 billion pages in active litigation review each month and more than 17 petabytes of data on more than 7,000 servers.
...
Summary: ...research by the University of Florida has found that US retailers attributed 47% of their company’s losses to employee theft, translating into a total loss of over $17.5 billion per year. In addition, the US Department of Justice estimates that insider theft is growing at 15% annually, while independent...
This is a small selection of the Autonomy Product Briefs available, please visit our publications site at http://publications.autonomy.com/ for more information.
Summary: ...testing whether or not to break up such forms over multiple pages. No matter what elements you decide to optimize or how many of them you want to include in your experiment, multivariable optimization allows you to test them simultaneously to find the impact they have on both an individual and holistic...
Summary: ...page concepts and gain initial insights and direction for multivariate testing • Simple Multivariate Testing – allows for easy testing of offers, price points, images, and content on the website simultaneously • Full-Page Multivariate Testing – provides the most powerful and flexible online optimization...
Summary: ...However, if some of these variables have an appreciable impact, and they can be measured accurately, it is preferable to include them in the model as extra variables (called covariates in statistical terminology). For example, the date and time of a Website visit are easily measured and probably do have...
Summary: ...approach failed to reveal was that charging a lower price with a longer commitment (the untested option) was essentially as good as with a shorter commitment (4.94% vs. 5.05%). In other words, whereas requiring a longer commitment hurts a lot at a higher price, it has essentially no impact at a lower...
Summary: ...With a multivariate testing solution integrated into an ongoing content creation and launch planning process, organizations can be confident that they have the optimal customer experience to increase conversion rates and customer satisfaction. “An enterprise’s reputation — its brand — is never...
Summary: ...the community is that those elements are starting to mash together in these online communities all across the world. With our BPX community, we have more than 250,000 members, and it helps accelerate and provide traction on many levels. There is a large amount of joint learning about e-SOA and what it...
Summary: ...a big impact. Even ideas that seem counter-intuitive can make a surprising difference. The easiest and most effective way to get answers to your marketing questions is to let your customers decide what’s best. Luckily, the capabilities of the web are in your favor. Multivariable optimization allows...
Summary: ...Autonomy Whitepaper - How To Measure The ROI of Cloud Data Protection. This may increase the types of deployed configurations to support (older as well as newer platforms) and the volume and types of qualification testing required. Server platforms in new locations added through acquisitions or mergers...
Summary: ...available for analysis. System Boundaries & Structural Risks There are “natural” boundaries between risk management systems–including security measures, language, content type, regulations and job functions. Mergers, acquisitions and point solutions invariably generate pockets of isolated data,...
Summary: ...culture that measures performance and holds individuals accountable for outcomes. ■ Challenges. However, it is not easy gaining consensus on rules and definitions for shared metrics and data elements or creating key performance indicators that embody an organization’s strategy and goals. For example,...
Summary: ...Autonomy Whitepaper - How to Measure ROI for Online PC Backup and Recovery. There are more obvious cost benefits in leveraging the vendor’s existing infrastructure for storing data (with costs spread over thousands of customers) rather than making one’s own capital investment and dedicating resources....
This is a small selection of the Autonomy White Papers available, please visit our publications site at http://publications.autonomy.com/ for more information.