Information governance has become far more complex in the past few years, with a wider range of data types, higher volumes and broader overall applications of the files being somewhat common challenges among businesses in virtually every industry. As a result, many have turned to automated content management solutions ranging from data capture to reporting analytics and everything in between, thus improving the ebb and flow of information within organizations and reducing the strain placed on them by modern challenges.
Because of how quickly demand has risen in the past few years, the spectrum of potential solutions that can be used for a wide variety of goals and objectives is also far more robust today, meaning companies can choose from a wealth of options to ensure they are aligning investments to specific aims. In the future, chances are fewer companies will be operating without at least some form of automated content management in place, which should help to boost accuracy and efficiency in data governance.
The market in focus
MarketsandMarkets recently affirmed that the global enterprise content management market is indeed growing and diversifying as the years go on, driven by an ever-expanding range of demands among businesses and other organizations around the world. The study was very telling with respect to what decision-makers are looking for, with reporting analytics, collaborative tools and general content governance solutions all being in demand.
Integrated options that bring various functions and capabilities together into a more centralized environment appear to be the most desirable ones around from the perspective of leaders. When companies find and deploy the right options in their workplaces, MarketsandMarkets noted that there are substantive performance improvements to be had, especially in the IT department where efficient decision-making and sound budgeting are paramount.
Finally, the researchers stated that document capture, case management and analytics are growing into their own segments, each with vast importance to modern businesses.
Outcomes in focus
At the end of the day, the right content management automation solution will reduce rework, drive the efficiency of information governance, incorporate intelligence-related tools to bolster decision-making and improve the overall ebb and flow of files through the company's departments. When deployed and maintained properly, the sky will be the limit for enhancements to intelligence, efficiency and more, leading to more resilient and highly functional operations.
