Intelligent Information Management Systems

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

Both organizations in the Portland and their customers need information from multiple places to complete work, and this adds additional complexity if that information is not easily accessible.

The conventional approach was to combine input into a central archive but this method is not sustainable forever as one system can’t manage everything, particularly in some mid-range to large companies.

Instead of compartmentalized data that is difficult to procure and enables process inefficiencies, there must be a way to tie all the information together, specifically for users procuring numerous software. Thankfully, with today’s open APIs, integrated software, and cloud technology, it’s become obvious that traditional systems are being pulled out. Instead, Intelligent Information Management Systems are aiding companies to gain clarity into their vital data, uncover their value, and achieve good outcomes.

Intelligent Information Management Benchmark Report

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You might be surprised to read that 83% of workers have had to recreate documents because they couldn’t find it on their corporate network. In fact, 86% of staffers struggle to find the content resources they desire to do their work. In a recent study, IDC shared that data management inefficiencies cost companies over 20% of their productivity per year or $20,000 per worker.

What Do The Experts Say?

AIIM International evangelist, 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 then 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 data do we possess? Where are we storing it? Who consumes it? How do they consume it? What do we need to make it more accessible? A strategic consulting partnership that includes key players, can give feedback on these questions through conversations and determining objectives and risks, and planning
Records Management

Standards are also required to define data retention and disposition through its lifecycle and pinpoint the end of its usefulness to the business. Once documented, these procedures should be automated whenever you can.
Intelligent Capture

Technology composed of OCR, Artificial Intelligence, Smart Classification, and Machine Learning can help to decode in unstructured formats and unlock its benefit.
Global Search

Global search lets users to send a single query and receive results from multiple systems, whether kept in an on-premise or cloud environment, without having to manually look through each of these sources separately.
Content Services

Content services should give an automated delivery system for data-driven workflows, regardless of where content is held, letting information to flow freely and build an environment that supports participation both internally and externally.
Business Intelligence

Information visualization adds a integrated view of what information is contained within your data, allowing you to make data-backed decisions and leverage insights throughout your organization.

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