Industry Insider

  • Eight Ways Data Governance Builds a Positive Company Culture

    Increasing amounts of data and its ability to support a competitive advantage has changed the way businesses function today. Enterprises can use data to improve operational efficiency, build brand reputation, mitigate risk and fraud, enhance the customer experience, and even boost revenue.

  • Cognitive computing and AI begin to grow together

    When we first attempted to define cognitive computing, we found clear differences between it and AI. We posited that for software to be considered a new type of computing - “cognitive,” it must solve problems that were insoluble today. This new class of problem has no precise answers. Instead, it is open to interpretation - it is ambiguous or has no one right answer that is amenable to computation.

  • Classification Systems vs Taxonomies

    Is a taxonomy the same as a classification scheme or system? Or, to put it another way, is a classification system, such as the Dewey Decimal System, a kind of taxonomy? Both of these kinds of knowledge organization systems have the feature of arranging topical terms in a hierarchy of multiple levels, without having related-term relationships or necessarily synonyms/nonpreferred terms, which are features of thesauri. So, it appears as if the only difference is that classification systems have some kind of notation or alphanumeric code associated with each term, and taxonomies do not. The differences, however, are greater than that.

  • Intersections between Records Management and Security Management

    In most organisations, the records management team and the information security teams are separated, primarily because information security is seen as a technology function, and records management is not. But good records management requires effective security management, and good cybersecurity practice relies on appropriate recordkeeping. By considering the ways in which these two domains intersect, we can make the case for closer collaboration, if not connection, between these roles.

  • Process Intelligence - The Next Leap Forward in the Intelligent Business

    Everything accomplished in an organization requires a series of business activities, which together comprise a process. Whether the organization is a hospital, bank, manufacturer, or any other type of business, its level of success is directly tied to how well it performs and manages its many business processes.

  • 8 ways your AP process leaks spend and how AI can prevent it

    Today’s companies put huge efforts into negotiating the best terms with their suppliers. Procurement teams regularly spend weeks or months going back and forth on contract terms and volume discounts to get the most bang for their buck. Too often, these savings aren’t realized.

  • Let’s Get Real about RPA

    Now that robotic process automation has been a buzzword for a while, it’s descended from the Peak of Inflated Expectations into the Trough of Disillusionment for many.

  • A Masterclass in Transformation at the University of Sydney

    For the University of Sydney, digital transformation has been underway since well before the topic achieved buzzword status. With the Legal and Compliance division leading the way, the University has achieved a wide variety of process transformations by expanding the reach and utilisation of its record-keeping system, TRIM/Content Manager.