Intelligent Information Management Systems

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

Both companies in the Laredo and their clients require data from multiple repositories to complete tasks, and this adds additional complexity if that data is not easily attainable.

The conventional method was to aggregate information into a central location but this route is not viable forever as one program can’t govern everything, particularly in some mid-range to large businesses.

Rather than compartmentalized data that is arduous to access and enables process inefficiencies, there must be a way to combine all the information together, particularly for users finding numerous applications. Fortunately, with today’s open APIs, combined tools, and cloud technology, it’s become apparent that conventional systems are on the way out. Instead, Intelligent Information Management Systems are helping businesses to gain insight into their most important data, uncover their value, and achieve exceptional outcomes.

Intelligent Information Management Benchmark Report

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You might be surprised to read that 83% of employees have had to recreate documents due to the fact that they couldn’t find it on their company network. In fact, 86% of employees struggle to find the content resources they need to do their job. In a recent analysis, IDC shared that information management bottlenecks cost companies over 20% of their productivity per year or $20,000 per employee.

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 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 information do we possess? Where are we holding it? Who consumes it? How do they leverage it? What do we need to make it easier to locate? A strategic consulting partnership that includes stakeholders, can respond to these questions through conversations and identifying initiatives and risks, and planning
Records Management

Standards are also required to define information retention and disposition through its lifecycle and pinpoint the end of its value to the company. Once determined, these policies should be automated whenever appropriate.
Intelligent Capture

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

Global search enables users to input a solitary query and receive results from multiple repositories, whether stored in an on-premise or cloud platform, without the need to manually locate each of these sources separately.
Content Services

Content services should provide an automated delivery mechanism for information-driven workflows, without respect to where information is kept, enabling information to ebb freely and create an environment that promotes teamwork both within and without.
Business Intelligence

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

At Wave, we offer a variety of consultative approaches to help companies determine, plan, and achieve a forward-moving, prosperous, and maintainable intelligent information management system.