Intelligent Information Management Systems

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

Both companies in the Aurora and their customers require data from multiple repositories to complete assignments, and this adds additional obstacles if that information is not easily accessible.

The conventional method was to pull information into a central repository but this method is not supportable long term as one program can’t manage everything, particularly in some mid-range to large companies.

Instead of isolated data that is arduous to access and creates process bottlenecks, there has to be a way to integrate all the information together, specifically for users accessing multiple tools. Thankfully, with today’s open APIs, combined systems, and cloud technology, it’s become apparent that traditional systems are being pulled out. Instead, Intelligent Information Management Systems are helping organizations to gain insight into their critical data, expose their value, and achieve good 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 due to the fact that they couldn’t find it on their private network. In fact, 86% of workers struggle to access the information resources they need to do their task. In a recent analysis, IDC shared that data management bottlenecks cost companies over 20% of their productivity 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 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 data do we have? Where are we holding it? Who uses it? How do they use it? What do we have to obtain to make it more accessible? A strategic consulting partnership that includes key executives, can answer these questions through interviews and defining objectives and limitations, and planning
Records Management

Protocols are also needed to identify data keeping and discarding through its lifecycle and decide the end of its value to the business. Once documented, these procedures should be automated whenever possible.
Intelligent Capture

Technology composed of Machine Learning, OCR, Smart Classification, and Artificial Intelligence can help to decode in unstructured formats and uncover its worth.
Global Search

Global search lets users to input a single query and obtain results from multiple systems, 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 system for information-driven workflows, regardless of where data is stored, allowing information to flow freely and build an environment that enables collaboration both within and without.
Business Intelligence

Information visualization provides a integrated view of what information is contained within your data, allowing you to make data-backed determinations and utilize insights throughout your company.

At Wave, we offer a number of consultative approaches to help businesses determine, plan, and obtain a forward-moving, prosperous, and maintainable intelligent information management system.