Intelligent Information Management Systems

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

Both businesses in the Boston and their clients need data from multiple repositories to complete assignments, and this adds additional challenges if that data is not easily attainable.

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

Rather than isolated data that is difficult to procure and causes process bottlenecks, there should be a way to combine all the information together, particularly for users procuring multiple applications. Thankfully, with today’s open APIs, integrated software, and cloud technology, it’s become clear that legacy programs are on the way out. Instead, Intelligent Information Management Systems are supporting organizations to gain insight into their vital data, decode their value, and achieve exceptional outcomes.

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You might be surprised to hear that 83% of workers have had to recreate documents because they couldn’t find it on their company network. In fact, 86% of workers struggle to access the data resources they need to do their task. In a recent analysis, IDC shared that information management disorganization costs organizations over 20% of their productivity per year or $20,000 per employee.

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 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 content do we own? Where are we holding it? Who uses it? How do they consume it? What do we have to obtain to make it easier to find? A strategic consulting partnership that includes key executives, can give feedback on these questions through interviews and defining initiatives and risks, and planning
Records Management

Protocols are also important to identify content retention and disposition through its lifecycle and decide the end of its usefulness to the company. Once determined, these procedures should be automated whenever possible.
Intelligent Capture

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

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

Content services should provide an automated delivery instrument for data-driven workflows, without respect to where content is stored, enabling information to ebb freely and build an environment that promotes participation both inside and outside the organization.
Business Intelligence

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

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