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Enterprise Data Management And Other Business Intelligence Solutions
by: huang080 on
Date: Sun, 23 Jan 2011 Time: 2:21 AM
Enterprise data management (EDM) is like oxygen for today's businesses. The data is increasing massively and we need a management system to keep the useful information intact and accessible. EDM is a system that defines, integrates, and restores data from internal applications as well as external communications. The former includes human resources, financial, enterprise resource planning, business intelligence solutions, and customer relationship management. The latter includes shareholders, business partners, suppliers, regulators, and others associated with the business.
Benefits Of Data Management
Enterprise data management assists the organizations in handling their data better. Thanks to EDM, they know about the data they have, the place it is stored, the way it is used, the technique to secure it, and the duration of its usefulness. Such a system can allow the businesses to get rid of useless and corrupt data and keep only what is needed. It makes the business processes more efficient, decreases security risks, increases the speed, cuts down infrastructure costs, allows the businesses to comply with the standards, and makes them more competitive.
In this age of swift changes in the business world and stiff competition, you need to move from conventional strategies to newer and more competent ones. Business intelligence (BI), today, no longer comprises business delivery alone. It also encompasses the capability to assimilate the business in such a way that your performance peaks.
According to the experts in the area of BI solutions, content intelligence will replace BI in the coming years. We would shift toward a blend of structured and unstructured data. Here, the former would be numbers and spreadsheets, whereas the latter would be the rest, including multimedia, voice, and others.
The experts believe that enterprise data would be one of the things to be assimilated in this evolution. With the structured and unstructured data joining hands, a large number of vendors, focusing on things like data warehousing, data visualization, data integration, enterprise data management, and such things, would extend their horizon to content management.
The advanced form of BI would enable the users to ask questions. The intelligence would contextualize the questions, look for answers, and interact with you like a human being. It would feel as if you're actually talking to somebody highly intelligent.
Business analysts predict that BI will evolve constantly in the future, opening new avenues for meeting business needs. According to experts, by 2015, BI methods and technologies would almost become a necessity, with almost 80 percent of enterprise business being associated with it. But, in the wake of such dynamic technologies and competition, the organizations would have to keep a balance between the capability of humans to make decisions and using advanced enterprise data management and intelligence to come with optimized business solutions.
Amidst such breakthroughs, there are still businesses that are aloof of such technologies and intelligence. It's high time for them to come in the league of progressing organizations. Introducing enterprise data management in their business would prepare them to embrace other advanced intelligence systems and roar ahead in the next century.
About the Author
Brian Cain is the author of this article on modern Business Intelligence Solutions such as Enterprise Data Management
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