Intelligent Information Management Systems

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

Both companies in the Louisville and their clients must have information from multiple places to complete work, and this adds additional obstacles if that data is not easily accessible.

The traditional approach was to aggregate data into a central repository but this route is not supportable forever as one system can’t maintain everything, particularly in some SMBs and enterprise organizations.

Instead of isolated data that is arduous to procure and enables process bottlenecks, there has to be a way to combine all the information together, specifically for users finding multiple tools. Fortunately, with today’s open APIs, interconnected software, and cloud technology, it’s become clear that legacy programs are on the way out. Instead, Intelligent Information Management Systems are helping businesses to gain clarity into their most important data, expose their value, and gain positive outcomes.

Intelligent Information Management Benchmark Report

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You might be stunned to learn that 83% of staffers have had to recreate documents because they couldn’t find it on their corporate network. In fact, 86% of workers struggle to access the content resources they need to do their task. In a recent survey, IDC shared that content management inefficiencies cost businesses 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 talk 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 have? Where are we holding it? Who consumes it? How do they consume it? What do we need to make it more accessible? A strategic consulting cooperative that includes key players, can answer these questions through conversations and defining initiatives and risks, and designing
Records Management

Procedures are also important to define data keeping and discarding through its lifecycle and pinpoint the end of its value to the business. Once determined, these protocols should be automated whenever possible.
Intelligent Capture

Technology such as OCR, Artificial Intelligence, Smart Classification, and Machine Learning can benefit decoding in unstructured formats and expose its worth.
Global Search

Global search enables users to submit a single query and obtain results from multiple repositories, whether kept in an on-premise or cloud solution, without the need to manually look through each of these sources separately.
Content Services

Content services should provide an automated delivery system for knowledge-driven workflows, regardless of where data is stored, letting content to flow freely and create an environment that enables participation both within and without.
Business Intelligence

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

At Wave, we offer a variety of consultative models to support businesses define, plan, and achieve a forward-thinking, rewarding, and viable intelligent information management system.