Intelligent Information Management Systems

It is widely understood that the modern business relies on multiple sources to pull content whether it’s a CRM, ECM, HCM, or ERP.

Both companies in the Greensboro and their customers require data from multiple places to complete tasks, and this adds additional challenges if that information is not easily attainable.

The conventional approach was to aggregate input into a central repository but this route is not viable forever as one system can’t maintain everything, particularly in some mid-range to large organizations.

Rather than siloed data that is hard to access and enables process inefficiencies, there must be a way to integrate all the data together, particularly for users finding many software. Thankfully, with today’s open APIs, integrated systems, and cloud technology, it’s become clear that legacy systems are being retired. Instead, Intelligent Information Management Systems are aiding organizations to gain insight into their vital data, decode their value, and attain positive outcomes.

Intelligent Information Management Benchmark Report

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You might be shocked to hear that 83% of workers have had to recreate documents due to the fact that they couldn’t find it on their corporate network. In fact, 86% of staffers struggle to locate the data resources they desire to do their work. In a recent analysis, IDC shared that data management inefficiencies cost businesses over 20% of their productivity per year or $20,000 per staffer.

What Do The Experts Say?

Chief international, John Mancini said “I think after a number of false starts, we are finally in the era information management,” during his keynote talk 2017 conference. he also said, “ the new world is all about data and content, not or content. we’ve operated past with convenient dichotomy between management content management. if this ever made sense, it makes less sense as time goes on. kinds customer-centric problems that must be solved require competencies technologies from both worlds.”

“The new replacement term for ECM will be intelligent information management, which is first and foremost the realization that a single content repository to store everything is — and always will be — a pipe dream. Consolidation and simplification, yes, but ripping and replacing mission-critical content systems in the quest to get everything in one place is just not a reality for most organizations.”

Elements of (IIM) Intelligent Information Management Systems

Definition

What data do we have? Where are we storing it? Who leverages it? How do they consume it? What do we require to make it easier to find? A strategic consulting cooperative that includes key players, can give feedback on these questions through interviews and determining initiatives and barriers, and designing
Records Management

Standards are also important to define data preservation and discarding through its lifecycle and decide the end of its value to the organization. Once documented, these policies should be automated whenever appropriate.
Intelligent Capture

Technology like Machine Learning, OCR, Smart Classification, and Artificial Intelligence can aid in decoding in unstructured formats and expose its benefit.
Global Search

Global search allows users to input one query and receive results from multiple repositories, whether stored in an on-premise or cloud environment, without being required to manually search each of these repositories separately.
Content Services

Content services should administer an automated delivery instrument for knowledge-driven workflows, without respect to where data is kept, allowing data to flow freely and build an environment that enables collaboration both within and without.
Business Intelligence

Information visualization adds a comprehensive view of what information is kept within your data, letting you make data-driven determinations and leverage insights throughout your company.

At Wave, we offer a variety of consultative models to help businesses pinpoint, plan, and achieve a forward-thinking, rewarding, and sustainable intelligent information management system.