Intelligent Information Management Systems

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

Both companies in the Boise and their customers require data from multiple places to complete assignments, and this adds additional challenges if that data is not easily available.

The traditional approach was to aggregate input into a central location but this approach is not supportable forever as one program can’t maintain everything, particularly in some SMBs and enterprise companies.

Instead of compartmentalized data that is hard to access and causes process bottlenecks, there has to be a way to combine all the data together, especially for users accessing numerous tools. Thankfully, with today’s open APIs, interconnected software, and cloud technology, it’s become clear that conventional tools are being retired. Instead, Intelligent Information Management Systems are supporting businesses to gain visibility into their vital data, expose their value, and attain exceptional outcomes.

Intelligent Information Management Benchmark Report

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You might be stunned to learn that 83% of staffers have had to recreate documents due to the fact that they couldn’t find it on their company network. In fact, 86% of workers struggle to access the information resources they need to do their job. In a recent survey, IDC shared that information management disorganization costs organizations over 20% of their capacity 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 talk 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 data do we have? Where are we storing it? Who consumes it? How do they consume it? What do we need to make it easier to find? A strategic consulting engagement that includes stakeholders, can give feedback on these questions through interviews and defining goals and limitations, and creating
Records Management

Standards are also required to define information retention and disposition through its lifecycle and determine the end of its necessity to the company. Once documented, these protocols should be automated whenever possible.
Intelligent Capture

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

Global search lets users to send a solitary query and retrieve results from multiple systems, whether held in an on-premise or cloud environment, without having to manually locate each of these repositories separately.
Content Services

Content services should give an automated delivery instrument for data-driven workflows, regardless of where content is kept, enabling data to ebb freely and create an environment that supports participation both inside and outside the organization.
Business Intelligence

Information visualization adds a comprehensive view of what knowledge is kept within your data, letting you make data-driven choices and leverage insights throughout your organization.

At Wave, we offer a number of consultative models to support companies determine, plan, and implement a forward-moving, prosperous, and maintainable intelligent information management system.