A guide to choosing the right current awareness platform
There are a number of news monitoring and content aggregation platforms on the market and we want you to choose the right one for you and your organization.
This guide aims to:
More about the guide
Premium content aggregation platforms vary widely in functionality and every organisation has unique requirements. Vable wants you to choose the right one. This guide covers the benefits of automation, such as increased efficiency, knowledge of the industry, gaining a competitive edge, and demonstrating improved ROI.
The process of choosing a solution involves independent research and input from various departments including library and information services, marketing, business development, IT and procurement. External reviews, speaking with current users and case studies are recommended to make an informed decision.
Frequently Asked Questions
Current awareness has different meanings for different audiences. For legal information professionals, it refers to the process of scanning multiple resources to meet end-users' specified keywords and search parameters. Resulting alerts can be "pushed" out via email or RSS feeds, or the user can be put in control in order to "pull" the information they want via a dashboard or intranet.
Become more efficient
Current awareness isn’t just reading the news every morning - it requires specific and targeted information that is relevant to your business and clients. However this is time consuming, so you need to automate as much as possible.
Know your industry
Legal professionals need to be aware of developments in specific practice areas. This includes industry news, regulatory and legislative developments. They also need to know when competitors are in the news.
Gain a competitive edge
Law is a competitive industry and the right current awareness gives you the edge. Lawyers and other professionals must be proactive and reach out to clients ahead of time, predicting future trends and warning of potential issues.
See an improved ROI
Since the legal industry is information driven, it is crucial for firms to choose the most convenient and cost-effective current awareness strategy. Get more out of your expensive subscriptions and see an increased ROI on your budget.
You will want to involve the rest of your library and information services team in the research and pre-selection process. The team will be able to discuss and distill their requirements which will inform the project.
- The Marketing and Business Development departments will want to be involved. Given their interest in competitive intelligence, company information and client development, they will have similar news monitoring needs.
- The IT department will need to be informed to ensure that the provider fits within your firm’s ecosystem. Depending on the structure of the firm, IT might also include Innovation or Legal Tech teams.
- Increasingly, firms have procurement teams which can help them contain costs, identify and manage risks, and raise the quality of supplier services. They will certainly need to be consulted and may have some helpful suggestions.
It’s important to be able to communicate openly to find a solution that is the best fit for everyone - including clients.
Looking at external reviews is such a vital step in making an informed decision on your provider, as it enables you to look beyond that company’s marketing materials. Finally, nothing beats speaking with other information professionals who are already using an automated current awareness service.
Once you accept that your organisation has a need for an automated current awareness system, how do you find out what is on the market? You need to do some research - to make the process easier, here are some sources which are not vendor-affiliated.
- LAC Group explored and compared five current awareness vendors and published a report called "Nothing but the Relevant Content". Their intention was to support the evaluation process, as well as make people aware of automated current awareness and media monitoring.
- Jinfo is an invaluable resource for information professionals. They review many information management systems, including current awareness platforms. Each review is undertaken by an information professional and they usually have full access to the platform they are reviewing. They take time to find out the pros and cons of each system.
Speaking with current clients of providers, reviewing case studies and conducting your own independent research will help you to get a clear understanding of how those who use the solutions really view them. You will also be able to assess how the providers continue to develop their platforms - whether new features are added, how often updates are pushed out, whether you can influence functionality and so on.