Who Wants to Recoup $1 Million? Spector 360 Success Story Outlines Blueprint for Savings, Security

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SpectorSoft Corporation, the worldwide leader in Internet Monitoring and Surveillance Software, announced that Spector 360, its flagship employee monitoring product, is shown to be part of a solid security formula as well as responsible for recouping lost productivity valued at anywhere from $195K to more than $1 million. IMV Projects, considers Spector 360 the anchor of a four-part security plan and using conservative calculations, projects a minimum annual cost savings of $195K.

SpectorSoft Corporation (http://www.SpectorSoft.com), the worldwide leader in Internet Monitoring and Surveillance Software, announced the availability of a Success Story in which Spector 360, its flagship employee monitoring product, is shown to be part of a solid security formula as well as responsible for recouping lost productivity valued at anywhere from $195K to more than $1 million.

The Success Story, "Spector 360 Helps IMV Projects Secure Network, Increase Productivity," describes how IT Manager Ross Benov at IMV Projects in Calgary, Alberta, Canada -- a business unit of the Wood Group, a major multinational corporation -- considers Spector 360 the anchor of a four-part security plan and using conservative calculations, projects a minimum annual cost savings of $195K.

"Since we were acquired by the Wood Group, security has been the main concern," said Benov. "The Wood Group sees a comprehensive and complete security package as including a firewall, antivirus software, web filtering, and employee monitoring … with Spector 360."

Regarding the value of lost productivity, Benov said: "Spector 360 has absolutely increased productivity. Considering the impact it has had … Spector 360 definitely is worth the price. If you get back just 10 hours of work per employee a year, Spector 360 pays for itself many times over."

Doing the Math
Benov said that most IMV Projects employees make $30 to $40 an hour. Using Benov's conservative estimate of 10 hours of work recouped per employee per year - and factoring in the lower end of the compensation range - the yearly cost savings estimate is $195,000. At $40 an hour, the cost savings estimate increases to $260,000. Staying at the $40 an hour rate -- but increasing the recoup of lost productivity to a still-realistic estimate of 40 hours a year per employee -- the cost savings estimate increases to more than $1 million a year.

How It Works
Spector 360 records employees' web sites visited, emails sent and received, chats and instant messages, keystrokes typed, files transferred, documents printed and applications run. In addition, through a first of its kind surveillance-like camera recording tool, Spector 360 shows in exact visual detail what an employee does every step of the way. Further, Spector 360 takes the recorded Internet and computer activities, feeds that information into a database, and provides more than 50 easy-to-read reports - with unlimited customization potential -- to answer questions IMV Projects previously found problematic, such as:

  • Which employees may be leaking company confidential information via removable media like USB flash drives, CDs, and DVDs?
  • Which employees chat or use anonymous email services like Hotmail and Gmail?
  • Which employees are spending the most time surfing web sites?
  • Who is sending the most emails with attachments?
  • Which employees are printing sensitive documents?
  • Who is arriving to work late and leaving early? Who takes long lunch breaks?
  • What are my employees searching for on Google, Yahoo, and MSN?

Spector 360 a Standout
Benov said Spector 360's many features and benefits immediately stood out when Benov began his research into a security and monitoring solution for IMV Projects:

"I very quickly noticed Spector 360. My main interest was what we could monitor and next, its reporting. I liked the reporting as well as what it can monitor … and it can monitor a lot!"

About SpectorSoft
SpectorSoft develops, markets and supports PC and Internet monitoring and surveillance products for education, business, government and home users, including Spector Pro, eBlaster, Spector for Mac, Spector CNE Investigator, and Spector 360.

More than 50,000 companies and more than 300,000 consumers have purchased SpectorSoft solutions to crack down on Internet abuse in their business or home, and SpectorSoft has been selected for three years by Inc. Magazine as one of the Fastest Growing Private Companies in America. SpectorSoft monitoring technology twice has been awarded the prestigious PC Magazine Editors' Choice Award.

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KASEY SELLATI
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