We all know that budgets are tight and it’s not always easy
to integrate preservation work, especially when it comes to multimedia.
However, failing to implement a preservation and/or conservation strategy can
have its own costs. To help determine what that cost is, as well as to help
prioritize collections, AVPreserve has developed the Cost of Inaction Calculator (COI
Calculator).
While AVPreserve is a firm that works with institutions to
help them better manage, use, distribute, and preserve their media assets and
metadata, "they have developed the COI Calculator as a free tool to help users analyze multimedia
collections and make more educated decisions about what to digitize, what to
perform lower levels of preservation on, and what to leave in its native state.
According to their site, the COI Calculator "helps organizations analyze
the implications of varying levels of preservation action when dealing with
legacy audiovisual collections. COI adds a data point to ROI, or Return on
Investment, and helps articulate what stands to be lost or gained in terms of
access, intellect and finances based on different scenarios around
digitization, physical storage, digital storage, and media longevity." To
help explain the goals of the Cost of Inaction Calculator, they have put
together a short video that can be viewed here.
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