The verdict is in. With 79% of organizations realizing survival is contingent on making the move to a digital business, Digital Transformation is top of mind for enterprise executives.
But our data is in chaos. More and more information is coming in new, and often hefty, formats like audio and video. It's scattered across systems and repositories. Productivity is suffering because of poor information management as employees waste time searching for content. Customers are increasingly frustrated by lengthening wait times for information acquisition. And we've been wrestling with this problem for years.
Information is an enterprise's most important asset and yet we continue to rely on outdated legacy applications to (poorly) manage this information overload while holding out for some monolithic system to come and save the day. What needs to happen instead is for companies to modernize their platforms.
Currently only 20% of organizations employ effective metadata and classification. This means no one knows what's in these scattered systems, decreasing productivity and exposing information to risk. As more information is coming down the pipe it's imperative that companies manage their information and turn it into actionable business processes.
But how? Automation is the key to reducing errors and accelerating the process of bringing data into compliance. Organizations need to face their resistance to change or find themselves falling behind. Automating data classification and routing information at machine speed moves organizations ahead in their Digital Transformation goals.
Start exploring and understanding your enterprise data. Eliminate duplicates, remediate files and start understanding your data. We'd love to hear from you! Reach out to learn how you can get started.