Intelligent Information Management Systems

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

Both companies in the Newark and their customers must have information from multiple sources to complete tasks, and this adds additional obstacles if that data is not easily accessible.

The traditional approach was to combine input into a central repository but this route is not viable forever as one tool can’t manage everything, particularly in some SMBs and enterprise organizations.

Rather than isolated data that is hard to find and enables process disorganization, there has to be a way to integrate all the data together, especially for users accessing many software. Thankfully, with today’s open APIs, interconnected software, and cloud technology, it’s become clear that legacy systems are being pulled out. Instead, Intelligent Information Management Systems are aiding companies to gain clarity into their vital data, expose their value, and attain exceptional outcomes.

Intelligent Information Management Benchmark Report

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You might be surprised to hear that 83% of staffers have had to recreate documents as a result of not being able to find it on their corporate network. In fact, 86% of employees struggle to access the data resources they require to do their job. In a recent study, IDC shared that information management disorganization costs businesses over 20% of their productivity per year or $20,000 per employee.

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 speech 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 data do we own? Where are we keeping it? Who leverages it? How do they use it? What do we need to make it easier to find? A strategic consulting partnership that includes key executives, can give feedback on these questions through consultations and determining goals and risks, and designing
Records Management

Standards are also important to identify data retention and disposition through its lifecycle and determine the end of its necessity to the company. Once identified, these policies should be automated whenever possible.
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 allows users to send a single query and obtain results from multiple systems, whether stored in an on-premise or cloud solution, without having to manually look through each of these repositories separately.
Content Services

Content services should administer an automated delivery mechanism for data-driven workflows, without respect to where data is held, allowing content to flow freely and create an environment that enables collaboration both inside and outside the organization.
Business Intelligence

Information visualization gives a comprehensive view of what content is stored within your data, enabling you to make data-driven choices and utilize insights throughout your organization.

At Wave, we offer a number of consultative models to empower organizations determine, plan, and achieve a forward-thinking, prosperous, and viable intelligent information management system.