Intelligent Information Management Systems

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

Both organizations in the Cleveland and their clients must have information from multiple sources to complete tasks, and this adds additional challenges if that information is not easily attainable.

The traditional approach was to combine input into a central archive but this method is not sustainable long term as one program can’t maintain everything, particularly in some mid-range to large companies.

Rather than isolated data that is arduous to access and causes process disorganization, there has to be a way to combine all the data together, particularly for users accessing numerous applications. Thankfully, with today’s open APIs, combined systems, and cloud technology, it’s become clear that traditional tools are on the way out. Instead, Intelligent Information Management Systems are helping companies to gain insight into their critical data, decode their value, and gain positive 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 as a result of not being able to find it on their corporate network. In fact, 86% of workers struggle to locate the information resources they need to do their job. In a recent analysis, IDC shared that information management disorganization costs 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 address 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 content do we own? Where are we keeping it? Who uses it? How do they consume it? What do we need to make it more accessible? A strategic consulting engagement that includes key players, can respond to these questions through conversations and defining initiatives and limitations, and designing
Records Management

Procedures are also important to identify data keeping and discarding through its lifecycle and determine the end of its necessity to the business. Once documented, these policies should be automated whenever you can.
Intelligent Capture

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

Global search lets users to submit a solitary query and obtain results from multiple sources, whether stored in an on-premise or cloud environment, without having 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 information is held, allowing data to circulate freely and build an environment that enables collaboration both inside and outside the organization.
Business Intelligence

Information visualization gives a holistic view of what information is contained within your data, allowing you to make data-backed choices and leverage insights throughout your business.

At Wave, we offer a variety of consultative models to empower businesses determine, plan, and obtain a forward-thinking, successful, and viable intelligent information management system.