Intelligent Information Management Systems

It is widely accepted that the modern company requires numerous sources to pull data whether it’s a ERP, CRM, HCM, or ECM.

Both businesses in the Richmond and their customers require data from multiple sources to complete work, and this adds additional obstacles if that information is not easily available.

The conventional approach was to pull data into a central archive but this approach is not viable long term as one system can’t manage everything, particularly in some SMBs and enterprise businesses.

Rather than isolated data that is hard to find and enables process disorganization, there must be a way to combine all the information together, particularly for users finding multiple applications. Fortunately, with today’s open APIs, interconnected tools, and cloud technology, it’s become apparent that legacy programs are being retired. Instead, Intelligent Information Management Systems are aiding businesses to gain visibility into their critical data, expose their value, and achieve 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 private network. In fact, 86% of workers struggle to find the information resources they require to do their job. In a recent survey, IDC shared that content management inefficiencies cost companies over 20% of their yield per year or $20,000 per staffer.

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 speech 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 keeping it? Who uses it? How do they use it? What do we require to make it more accessible? A strategic consulting engagement that includes stakeholders, can answer these questions through interviews and identifying objectives and limitations, and designing
Records Management

Procedures are also required to define information retention and disposition through its lifecycle and pinpoint the end of its necessity to the organization. Once documented, these policies should be automated whenever appropriate.
Intelligent Capture

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

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

Content services should administer an automated delivery instrument for information-driven workflows, independent of where content is held, enabling data to ebb freely and create an environment that promotes participation both internally and externally.
Business Intelligence

Information visualization provides a integrated view of what knowledge is stored within your data, enabling you to make data-backed determinations and leverage insights throughout your business.

At Wave, we offer numerous consultative models to support organizations define, plan, and implement a forward-thinking, rewarding, and viable intelligent information management system.