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efficiency, and efficiency and effectiveness to applications, processes, data, meta data and
technology.
The Hype cycle is used by management to help them track the progress of various technologies,
practices and disciplines in enterprise information management. The Hype Cycle for Emerging
Technologies report is an annual Hype Cycle report, that details a cross-industry perspective on
the technologies and trends that business heads and strategists, chief innovation officers, R&D
leaders, entrepreneurs, global market developers and emerging-technology teams should consider
in developing emerging-technology portfolios. Gartner's 2015 Hype Cycle for Emerging
Technologies Identifies the Computing Innovations That Organizations Should Monitor. CIOs,
CDOs , IT leaders, and IT professionals discuss and rationalize of applying the technology and
service investment choices in front of them in guiding them to embark or to expand an EIM
program.
EIM Hype Cycle reflects the state of development, use and acceptance of this technology in
large enterprises across a range of industries. The Hype Cycle show cases the progress that the
average organization has made with the discipline. Its evident that a number of organizations
have made significant progress with MDM and are on the peak of Productivity. However, the
overall level of adoption of EIM is considerably low but its individual component disciplines are
still gaining in popularity and gaining the necessary visibility.
Organizations that have adopted this technology have been able to benefit from the following:
Data Quality
Refers to how fit data is in terms of accuracy and consistency. Information distributed to
customers who maybe inside and outside the organization should be as accurate as possible
to make the right decisions.
Information Management
Involves the acquisition of information from one source to another and thus an
Increased effectiveness of data is very key for business planning and execution
Process Efficiency
Involves set of tasks that are done respectively to produce a product and thus with a
Consolidated data architecture optimized system the time spent will be reduced thus
provide value to a customer or supplier.
Security
By reducing the vulnerability the Organization data that is protected from misuse
Organizational Agility
Increases the ability to rapidly change or adapt in response to changes and meet
dynamic market demands
The goal of the EIM Hype Cycle is not to position all relevant technologies at a detailed level.
Rather, because EIM has not fully developed as a discipline, the Hype Cycle includes several
technology concepts (such as the Information Capabilities Framework) that are fundamental to
EIM support. These concepts can be implemented in various ways, using many technologies that
are reflected in other Hype Cycles.
Managing an organizations content begins with the capture and importing of information into a
secure digital repository.
This can be any kind of document that is created, captured, stored, shared or archived, including:
Contracts
Correspondence
Research reports
The benefits of enterprise content management go beyond simply keeping track of where
documents are located. A content management system also reduces the time, cost and complexity
associated with managing documents throughout their life cycle, helping ensure compliance with
organizational record retention policies. (Parekh, Joe Zhou, & Robinson)
Restrict access to folders, documents, fields, annotations and other granular document
properties as needed
Monitor system login and logout, document creation and destruction, password changes
and more
Leading ECM solutions enable line of business departments to manage user access
independentlywhich means sensitive HR information stays within the HR department, while
private financial information stays within the finance department, even if the information is
stored in the same repository. (Gartner,inc, 26 July 2012)
Businesses are compelled to adopt ECM solutions due to various reasons. Some of the factors
include the need to increase efficiency, improving acquisition and control of information, and
ability to manage the overall cost of information management for the enterprise. ECM
applications streamline access to records through keyword and full-text search allowing
employees to get to the information they need directly from their desktops in seconds rather than
searching multiple applications or digging through paper records.
Business intelligence
This is a process that is used for analysis of data and presenting actionable information to help
corporate executives, business managers and other end users make more informed
business decisions. It denotes a set of techniques and tools used in the acquisition and
transformation of raw data into organized and reusable information for business
analysis purposes. BI is a technology that has the capability of handling large volumes of
structured and sometimes unstructured data to useful in mapping, developing and otherwise
create new strategic business opportunities. BI aims at allowing the ease in granular dissection of
these large volumes of data identifying new potential markets and executing an effective strategy
through consuming the insights can provided by the processed data will help businesses with a
competitive market advantage and long-term stability.
Business intelligence can be applied to the following business purposes, in order to drive
business value
1. Measurement program that creates a hierarchy of performance metrics (see also Metrics
Reference Model) and benchmarking that informs business leaders about progress
towards business goals (business process management).
2. Analytics program that builds quantitative processes for a business to arrive at optimal
decisions and to perform business knowledge discovery. Frequently involves: data
mining, process mining, statistical analysis, predictive analytics, predictive
Companies use BI to improve decision making, cut costs and identify new business
opportunities. BI is more than just corporate reporting and more than a set of tools to coax data
out of enterprise systems. CIOs use BI to identify inefficient business processes that are ripe for
re-engineering. (Moss & Atre)
Hardees, Wendys, Ruby Tuesday and T.G.I. Fridays are heavy users of BI software. They use
BI to make strategic decisions, such as what new products to add to their menus, which dishes to
remove and which underperforming stores to close. They also use BI for tactical matters such as
renegotiating contracts with food suppliers and identifying opportunities to improve inefficient
processes. Because restaurant chains are so operations-driven, and because BI is so central to
helping them run their businesses, they are among the elite group of companies across all
industries that are actually getting real value from these systems.
Conclusion
The EIM initiative, appropriate processes, policies and technologies have been created thus
making it possible and easy to collect, disseminate and maintain the integrity of critical data
points across various programs in a way that is measureable, equitable and responsive to all
aspects of the enterprise. In addition, EIM has allowed an organizations to automate and
integrate data through the enterprise, with the main focus of building a source of enterprisedesigned data for distribution and consumption by all users in the business unit. Through the
development and implementation of EIM strategies, organizations are now able to build solutions
to the challenges and problems earlier encountered by these organizations and provide more
efficient, effective, and proactive services to their external and internal information customers.
Establishing and maintaining an EIM initiative will enable an organization to realize enterprise
wide integration and alignment goals that are too often missing from current information
strategies.
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References
EMC Corporation. (2008). Enterprise Information management:Information
visualization for unified business view.
Gartner,inc. (26 July 2012). Hype Cycle for Enterprise Information.
Moss, L. T., & Atre, S. Business Intelligence Road Map. Boston: Adisson- Wesley.
Parekh, K., Joe Zhou, K. M., & Robinson, G. Utility Enterprise Information System.
Dallas.
Laugero, G. and A. Globe (2002) Enterprise content services: Connecting
information and profitability. Boston: Addison-Wesley.
Saxena, A. (2008) Enterprise content management: A practical guide to successfully
implementing an ECM Solution. Fort Lauderdale: J. Ross Publishing
Shegda, K. M. and R.M. Gilbert (2009) Key issues for enterprise content
management initiatives in 2009 Gartner Inc. Research Publication, 23 March.
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