Intelligent Information Management Systems

It is widely understood that the modern business relies on numerous sources to compile data whether it’s a HCM, ERP, ECM, or CRM.

Both companies in the Saint Paul and their customers must have information from multiple sources to complete assignments, and this adds additional obstacles if that information is not easily available.

The traditional method was to pull data into a central location but this approach is not supportable long term as one system can’t maintain everything, particularly in some SMBs and enterprise organizations.

Instead of siloed data that is arduous to find and causes process disorganization, there has to be a way to combine all the information together, particularly for users procuring many software. Thankfully, with today’s open APIs, integrated systems, and cloud technology, it’s become apparent that legacy systems are being retired. Instead, Intelligent Information Management Systems are supporting companies to gain clarity into their most important data, expose their value, and attain positive outcomes.

Intelligent Information Management Benchmark Report

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You might be shocked 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 workers struggle to find the content resources they desire to do their work. In a recent analysis, IDC shared that content management inefficiencies cost organizations over 20% of their capacity per year or $20,000 per worker.

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 speech 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 content do we have? Where are we storing it? Who uses it? How do they consume it? What do we need to make it easier to locate? A strategic consulting engagement that includes stakeholders, can answer these questions through interviews and determining goals and limitations, and planning
Records Management

Procedures are also required to determine content retention and disposition through its lifecycle and determine the end of its value to the business. Once documented, these policies should be automated whenever possible.
Intelligent Capture

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

Global search enables users to input a solitary query and obtain results from multiple repositories, whether held in an on-premise or cloud environment, without the need to manually search each of these repositories separately.
Content Services

Content services should give an automated delivery mechanism for knowledge-driven workflows, without respect to where information is held, enabling data to ebb freely and build an environment that supports collaboration both within and without.
Business Intelligence

Information visualization gives a holistic view of what knowledge is stored within your data, enabling you to make data-informed determinations and leverage insights throughout your organization.

At Wave, we offer a number of consultative methods to empower companies determine, plan, and achieve a forward-thinking, rewarding, and viable intelligent information management system.