Intelligent Information Management Systems

It is widely known that the modern organization depends on several sources to aggregate information whether it’s a HCM, ERP, ECM, or CRM.

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

The traditional route was to combine data into a central location but this route is not supportable long term as one program can’t govern everything, particularly in some SMBs and enterprise businesses.

Instead of siloed data that is difficult to access and causes process bottlenecks, there must be a way to combine all the information together, specifically for users procuring numerous applications. Fortunately, with today’s open APIs, integrated software, and cloud technology, it’s become apparent that traditional systems are being pulled out. Instead, Intelligent Information Management Systems are aiding companies to gain insight into their critical data, decode their value, and achieve good outcomes.

Intelligent Information Management Benchmark Report

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You might be stunned to hear that 83% of staffers have had to recreate documents as a result of not being able to find it on their company network. In fact, 86% of staffers struggle to locate the content resources they desire to do their job. In a recent study, IDC shared that information management inefficiencies cost businesses over 20% of their yield per year or $20,000 per staffer.

What Do The Experts Say?

John Mancini, chief evangelist at AIIM International said “I think after a number of false starts, we are finally in the era information management,” during his keynote address 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 content do we possess? Where are we keeping it? Who leverages it? How do they leverage it? What do we need to make it easier to find? A strategic consulting partnership that includes key players, can respond to these questions through conversations and defining goals and risks, and designing
Records Management

Standards are also needed to define information preservation and discarding through its lifecycle and pinpoint the end of its necessity to the company. Once identified, these policies should be automated whenever you can.
Intelligent Capture

Technology such as Machine Learning, OCR, Smart Classification, and Artificial Intelligence can help to decode in unstructured formats and unlock its worth.
Global Search

Global search allows users to send a single query and obtain results from multiple sources, whether kept in an on-premise or cloud environment, without the need to manually look through each of these sources separately.
Content Services

Content services should administer an automated delivery system for data-driven workflows, regardless of where data is stored, enabling information to ebb freely and create an environment that promotes participation both internally and externally.
Business Intelligence

Information visualization adds a comprehensive view of what knowledge is contained within your data, allowing you to make data-backed determinations and leverage insights throughout your organization.

At Wave, we offer numerous consultative methods to support businesses pinpoint, plan, and implement a forward-thinking, rewarding, and maintainable intelligent information management system.