Intelligent Information Management Systems

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

Both businesses in the Durham and their clients must have data from multiple repositories to complete tasks, and this adds additional obstacles if that data is not easily accessible.

The conventional approach was to aggregate data into a central archive but this method is not viable long term as one program can’t maintain everything, particularly in some mid-range to large companies.

Instead of siloed data that is arduous to access and causes process disorganization, there should be a way to tie all the information together, especially for users procuring many applications. Fortunately, with today’s open APIs, interconnected software, and cloud technology, it’s become apparent that conventional programs are on the way out. Instead, Intelligent Information Management Systems are helping organizations to gain insight into their vital data, decode their value, and achieve exceptional outcomes.

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You might be stunned to hear that 83% of workers have had to recreate documents because they couldn’t find it on their private network. In fact, 86% of workers struggle to find the information resources they desire to do their work. In a recent study, IDC shared that content management bottlenecks cost companies over 20% of their yield per year or $20,000 per worker.

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 address 2017 conference. he went on to say, “ 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 uses it? How do they use it? What do we have to obtain to make it more accessible? A strategic consulting partnership that includes key players, can give feedback on these questions through consultations and determining goals and barriers, and creating
Records Management

Protocols are also needed to identify content preservation and discarding through its lifecycle and pinpoint the end of its usefulness to the business. Once documented, these policies should be automated whenever appropriate.
Intelligent Capture

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

Global search enables users to send one query and receive results from multiple sources, whether kept in an on-premise or cloud platform, without having to manually look through each of these repositories separately.
Content Services

Content services should give an automated delivery system for knowledge-driven workflows, regardless of where information is kept, allowing data to flow freely and create an environment that enables teamwork both inside and outside the organization.
Business Intelligence

Information visualization gives a holistic view of what information is kept within your data, letting you make data-driven decisions and take advantage of insights throughout your company.

At Wave, we offer a number of consultative methods to empower companies pinpoint, plan, and obtain a forward-thinking, successful, and sustainable intelligent information management system.