Texter Blue
Data is one of the most important aspects of any business. Almost every decision taken in a business is empowered by informed data analysis. By using data, precise decisions are made using trends and facts, not speculation, leading an optimized decision process.
Data enrichment is the process of combining data from internal sources with data from external sources. By doing this, the data already owned is enhanced and more informed decisions can be made.
You’ve probably heard about metadata many times before, but do you know what it is? Metadata summarizes basic information about data, making it easier to find, and to use particular instances of data. Some basic examples of document metadata are, date created, date modified, file size, etc. Other than documents, metadata is used in:
The pressure on businesses to become more efficient and better optimized keep increasing every day. To achieve such goals, many companies keep investing in digital transformation, exploring innovative technologies to get ahead on their competition. One such technology is Intelligent Document Processing (IDP).
Technology keeps evolving every day, and with the vast amounts of data and documents collected by companies, new and improved solutions need to be found to automate everything.
With AI and Machine Learning, many innovative solutions are appearing, improving the classification of documents, data recognition and enrichment (based on the content of the file) and search capabilities. Thus, optimizing companies’ workflows.
In today’s digital world, the ability to collect, analyse and process data is one of the most principal factors for any organization, due to the vital role that data plays in day-to-day company decisions. With that, the amount of data generated keeps increasing, and with it the challenges of processing such amounts of data.
Enterprise content management is much more than a simple piece of software. It stands as the definition of processes, tools and strategies that allow businesses to be organized, store and deliver information. Thus, an ECM is not a single process or technology. It is a combination of various tools and strategies to manage all the information and the various processes within a company or organization. So, the question is “How can you optimize your ECM System?”.