Intelligent Information Management Systems
Both companies in the Atlanta and their customers require information from multiple repositories to complete work, and this adds additional challenges if that data is not easily available.
The legacy approach was to combine data into a central repository but this route is not viable long term as one system can’t govern everything, particularly in some SMBs and enterprise businesses.Instead of isolated data that is difficult to find and causes process inefficiencies, there should be a way to integrate all the content together, specifically for users finding many software. Fortunately, with today’s open APIs, combined software, and cloud technology, it’s become obvious that traditional tools are on the way out. Instead, Intelligent Information Management Systems are supporting businesses to gain clarity into their critical data, uncover their value, and gain positive outcomes.
Intelligent Information Management Benchmark Report
You might be surprised to learn that 83% of staffers have had to recreate documents because they couldn’t find it on their corporate network. In fact, 86% of workers struggle to access the content resources they need to do their task. In a recent study, IDC shared that data management inefficiencies cost companies over 20% of their yield per year or $20,000 per employee.
What Do The Experts Say?
“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.”
At Wave, we offer numerous consultative methods to support organizations pinpoint, plan, and implement a forward-moving, prosperous, and viable intelligent information management system.