The folks at Basex, who in 2005 estimated that Information Overload (at the time termed 'knowledgeworker interruptions') including email, texting, cell phone calls, and other interruptions was costing US businesses $588 Billion per year in the U.S. alone, have two new recent announcements.
The first of the announcements is that Basex's current estimate is that the loss from Information Overload is now just short of the 1 trillion dollar mark at $900,000,000,000 per annum.
Also new from Basex is that they have created an Information Overload Calculator to help each organization or division get a rough estimate on the impact of Information Overload. It certainly is interesting and only takes a minute or two to do.
There are, of course, some solutions out there...my particular favorite is from Luis Suarez (at ELSUA), who is working on giving up on email, and who has successfully gotten down to under 40 emails per week (all while fully employed and very productive!). If that is too much to comprehend, try turning off the cell phone during projects and indicating to your messenging service that you are 'busy' are ways to effectively control information in a way that supports productivity.
More solutions coming...