Intelligent Information Management Systems

It is widely understood that the modern company requires multiple sources to collect information whether it’s a CRM, ECM, HCM, or ERP.

Both organizations in the Stockton and their clients require data from multiple places to complete tasks, and this adds additional challenges if that information is not easily attainable.

The legacy approach was to aggregate input into a central location but this route is not sustainable forever as one program can’t manage everything, particularly in some SMBs and enterprise companies.

Rather than siloed data that is difficult to find and causes process disorganization, there has to be a way to combine all the content together, especially for users finding many tools. Thankfully, with today’s open APIs, combined software, and cloud technology, it’s become clear that conventional systems are being pulled out. Instead, Intelligent Information Management Systems are aiding businesses to gain clarity into their vital data, decode their value, and attain positive outcomes.

Intelligent Information Management Benchmark Report

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You might be stunned to learn that 83% of employees have had to recreate documents due to the fact that they couldn’t find it on their corporate network. In fact, 86% of staffers struggle to locate the data resources they desire to do their job. In a recent study, IDC shared that information management bottlenecks cost organizations over 20% of their yield per year or $20,000 per worker.

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 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 have? Where are we holding it? Who consumes it? How do they use it? What do we have to obtain to make it more accessible? A strategic consulting partnership that includes key executives, can answer these questions through interviews and determining objectives and limitations, and designing
Records Management

Procedures are also required to determine information retention and disposition through its lifecycle and determine the end of its value to the organization. Once documented, these procedures should be automated whenever you can.
Intelligent Capture

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

Global search enables users to send a solitary query and obtain results from multiple repositories, whether stored in an on-premise or cloud platform, without being required to manually search each of these repositories separately.
Content Services

Content services should administer an automated delivery mechanism for information-driven workflows, without respect to where data is held, enabling information to ebb freely and foster an environment that enables participation both internally and externally.
Business Intelligence

Information visualization gives a holistic view of what content is contained within your data, allowing you to make data-informed determinations and utilize insights throughout your organization.

At Wave, we offer a variety of consultative methods to support companies define, plan, and obtain a forward-moving, prosperous, and viable intelligent information management system.