Intelligent Information Management Systems

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

Both businesses in the Denver and their clients need information from multiple sources to complete assignments, and this adds additional obstacles if that data is not easily attainable.

The conventional route was to aggregate information into a central location but this method is not sustainable long term as one tool can’t govern everything, particularly in some SMBs and enterprise businesses.

Rather than siloed data that is arduous to find and enables process disorganization, there has to be a way to tie all the information together, especially for users finding numerous software. Fortunately, with today’s open APIs, interconnected tools, and cloud technology, it’s become obvious that traditional tools are being retired. Instead, Intelligent Information Management Systems are helping businesses to gain visibility 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 hear that 83% of employees have had to recreate documents as a result of not being able to find it on their company network. In fact, 86% of workers struggle to locate the information resources they desire to do their work. In a recent study, IDC shared that information management inefficiencies cost organizations over 20% of their capacity per year or $20,000 per employee.

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 speech 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 own? Where are we storing it? Who uses it? How do they leverage it? What do we require to make it easier to locate? A strategic consulting engagement that includes stakeholders, can respond to these questions through conversations and identifying initiatives and barriers, and designing
Records Management

Standards are also required to define content keeping and discarding through its lifecycle and pinpoint the end of its value to the company. Once determined, these policies should be automated whenever appropriate.
Intelligent Capture

Technology composed of OCR, Artificial Intelligence, Smart Classification, and Machine Learning can benefit decoding in unstructured formats and expose its benefit.
Global Search

Global search allows users to send a single query and receive results from multiple sources, whether held in an on-premise or cloud environment, without being required to manually locate each of these archives separately.
Content Services

Content services should provide an automated delivery instrument for knowledge-driven workflows, independent of where content is kept, allowing data to circulate freely and foster an environment that enables collaboration both within and without.
Business Intelligence

Information visualization provides a comprehensive view of what information is stored within your data, enabling you to make data-backed decisions and take advantage of insights throughout your company.

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