Intelligent Information Management Systems
Both organizations in the Irving and their customers need information from multiple repositories to complete tasks, and this adds additional challenges if that information is not easily available.
The legacy method was to pull data into a central location but this route is not viable long term as one tool can’t manage everything, particularly in some SMBs and enterprise organizations.In lieu of isolated data that is hard to find and enables process bottlenecks, there has to be a way to integrate all the data together, especially for users accessing multiple software. Thankfully, with today’s open APIs, combined software, and cloud technology, it’s become apparent that conventional systems are on the way out. Instead, Intelligent Information Management Systems are aiding companies to gain insight into their critical data, expose their value, and achieve positive outcomes.
Intelligent Information Management Benchmark Report
You might be surprised to read that 83% of employees 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 find the content resources they require to do their job. In a recent study, IDC shared that data management bottlenecks cost organizations over 20% of their capacity 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 a number of consultative methods to help companies determine, plan, and obtain a forward-moving, rewarding, and viable intelligent information management system.