Intelligent Information Management Systems

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

Both organizations in the Lexington and their clients must have data from multiple places to complete assignments, and this adds additional complexity if that data is not easily accessible.

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

Instead of compartmentalized data that is difficult to procure and causes process inefficiencies, there has to be a way to combine all the content together, specifically for users procuring numerous applications. Fortunately, with today’s open APIs, interconnected systems, and cloud technology, it’s become obvious that legacy tools are being pulled out. Instead, Intelligent Information Management Systems are supporting organizations to gain insight into their vital data, uncover their value, and attain positive outcomes.

Intelligent Information Management Benchmark Report

Opt-in to read this report and leverage the 40+ actionable outcomes to see how your business measures up compared to the competition.

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

What Do The Experts Say?

Chief international, John Mancini 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 information do we possess? Where are we storing it? Who leverages it? How do they consume it? What do we require to make it more accessible? A strategic consulting cooperative that includes stakeholders, can answer these questions through interviews and identifying initiatives and barriers, and creating
Records Management

Standards are also needed to determine information retention and disposition through its lifecycle and determine 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 expose its value.
Global Search

Global search lets users to submit a solitary query and retrieve results from multiple repositories, whether kept in an on-premise or cloud solution, without being required to manually locate each of these repositories separately.
Content Services

Content services should give an automated delivery system for information-driven workflows, independent of where content is stored, allowing information to flow freely and foster an environment that enables participation both internally and externally.
Business Intelligence

Information visualization adds a integrated view of what content is kept within your data, letting you make data-backed decisions and utilize insights throughout your business.

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