American companies are increasingly drowning in content – especially data overload that the Internet of Things (IoT) produces. This is the result of a short market study published by AIIM (the Association for Information and Image Management)
The good news for all of you who like to take a look across the pond once in a while: the study shows that most companies managing content and documents across the Atlantic now consider it a matter of survival. Many of them are working to regain control over their content.
One company – many systems
However, there is, shall we say, „need for reform“: more than every second company uses three or more systems for content, contract and/or document management. 22 percent reported having five or more different systems installed from different manufacturers
Does that make sense? One could argue, with some justification, that integrated solutions significantly minimise maintenance requirements and costs, reduce the number of interfaces, improve inter-operability and are good for reliability. Or, simply put forward the theory that historically grown solutions and landscapes can no longer keep pace with the content volume of the future.
Fear of outages is common
At least, that outage risk seems to stand up as an argument, it merely puts the finger in the wound: just one hour of downtime – estimated every third respondent company – would cause considerable damage. Bearing in mind that the more non-uniform an entire system is, the more difficult it is to eliminate the cause of an outage, so people are brooding on this. Then, an hour isn’t long…
After all: the penny seems to have dropped. More than half of respondents are looking to introduce a centralised and multi-functional suite from a single source. And twelve percent have already achieved this goal. That’s quite something.
And how is it in your company?
The question remains how is it in Germany? How many different systems do businesses here operate in parallel? Although there is currently a lack of figures for sound comparison: CIOs and business leaders could certainly do worse than to ask themselves this question just once. The answer could be simultaneously surprising and helpful.