Intelligent Information Management Systems

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

Both organizations in the Jacksonville and their customers require data from multiple sources to complete work, and this adds additional challenges if that data is not easily attainable.

The traditional approach was to combine data into a central repository but this approach is not sustainable forever as one system can’t manage everything, particularly in some mid-range to large companies.

Rather than isolated data that is difficult to procure and creates process disorganization, there should be a way to tie all the content together, especially for users procuring multiple software. Thankfully, with today’s open APIs, interconnected tools, and cloud technology, it’s become clear that conventional systems are on the way out. Instead, Intelligent Information Management Systems are aiding organizations to gain insight into their critical data, decode their value, and attain positive outcomes.

Intelligent Information Management Benchmark Report

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You might be stunned 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 employees struggle to locate the information resources they desire to do their work. In a recent study, IDC shared that information management bottlenecks cost businesses over 20% of their yield per year or $20,000 per employee.

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 have to obtain to make it more accessible? A strategic consulting engagement that includes key players, can respond to these questions through interviews and defining initiatives and limitations, and designing
Records Management

Procedures are also needed to define content keeping and discarding through its lifecycle and decide the end of its value to the organization. Once identified, these procedures should be automated whenever possible.
Intelligent Capture

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

Global search enables users to input one query and retrieve results from multiple repositories, whether stored in an on-premise or cloud platform, without having to manually locate each of these repositories separately.
Content Services

Content services should administer an automated delivery instrument for information-driven workflows, independent of where information is held, enabling data to ebb freely and create an environment that promotes teamwork both within and without.
Business Intelligence

Information visualization adds a integrated view of what information is kept within your data, letting you make data-driven decisions and leverage insights throughout your company.

At Wave, we offer a number of consultative methods to help businesses pinpoint, plan, and achieve a forward-moving, successful, and viable intelligent information management system.