Intelligent Information Management Systems

It is widely understood that the modern company depends on numerous sources to compile data whether it’s a ERP, CRM, HCM, or ECM.

Both businesses in the Columbus and their customers need information from multiple repositories to complete tasks, and this adds additional complexity if that data is not easily accessible.

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

Rather than isolated data that is difficult to procure and creates process inefficiencies, there should be a way to tie all the information together, specifically for users accessing multiple software. Fortunately, with today’s open APIs, interconnected systems, and cloud technology, it’s become apparent that conventional systems are being pulled out. Instead, Intelligent Information Management Systems are supporting organizations to gain clarity into their vital data, uncover their value, and achieve exceptional outcomes.

Intelligent Information Management Benchmark Report

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You might be surprised to learn 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 employees struggle to locate the content resources they need to do their job. In a recent analysis, IDC shared that information management disorganization costs organizations over 20% of their productivity 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 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 information do we own? Where are we keeping it? Who leverages it? How do they consume it? What do we need to make it easier to locate? A strategic consulting cooperative that includes stakeholders, can respond to these questions through conversations and determining goals and limitations, and designing
Records Management

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

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

Global search lets users to input a single query and receive results from multiple repositories, whether held in an on-premise or cloud environment, without the need to manually locate each of these repositories separately.
Content Services

Content services should administer an automated delivery instrument for information-driven workflows, regardless of where content is kept, letting content to flow freely and build an environment that enables collaboration both within and without.
Business Intelligence

Information visualization adds a holistic view of what knowledge is contained within your data, allowing you to make data-driven decisions and take advantage of insights throughout your business.

At Wave, we offer numerous consultative approaches to help organizations define, plan, and achieve a forward-thinking, successful, and viable intelligent information management system.