Functions of an Enterprise Information Management Solution – Part 2

There is a growing realization across all organizations that information is a key business asset. As per Gartner’s research, over 80% of business executives believe that data is on the balance sheet. It is impossible to realize the full value of the corporate data and content without a means to manage it on an enterprise-wide level and that is where Enterprise Information Management (EIM) comes in.

It can be thought of as the discipline of managing information as an enterprise asset. However, it is difficult to identify too many core components and find a good EIM solution as there are many of them covering different business areas. Below is a list of components that every EIM solution should have to a greater or lesser extent.

• Master data management
  Master data management defines the creation, use, synchronization and storage of a core data element to ensure that you have a ‘single source of the truth’ for all data assets.
• Analytics
  Analytics enables the capture, cleansing and interpretation of enterprise information from a wide range of sources. These sources include historical corporate data, supplier transactions as well as social media and other customer communication channels.
• Information security management
  Information security management ensures privacy and control of data by establishing, managing and auditing policies and procedures.

We are awarding some of the best Enterprise Data Intelligence Solution of the year along with other categories at the 3rd Indian ISV Awards 2018, an initiative from itVARnews (Techplus Media Publication) to acknowledge the best ICT Solutions by ISVs (independent software vendor), Systems Integrators, Solution VARs, and MSPs across India. To know more, visit the website now. (http://www.isvawards.itvarnews.com/)