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EIM Success Stories: Turning Information into Innovation

A major natural gas company is experiencing a higher level of internal control over its procure-to-pay process and an 85 percent success rate for vendor compliance of invoice requirements, enabling them to comply with the Sarbanes-Oxley Act.

One of the largest financial services institutions in the U.K. has reduced their cash transfer time from 21 to 15 days, secured a 25% share of the ISA market, and eliminated 8 million pieces of paper for savings on associated IT and infrastructure costs.

A municipality released a new website that has become the Number 1 information source for its citizens, delivering an enhanced visitor experience and giving constituents immediate access to accurate, real-time information and the services they need.

A leading research institution has increased the quality and output of its research by giving students and researchers improved, remote access to modeling applications and visualizations tools with three dimensional representations of large datasets.

A national newspaper is delivering rich, relevant, and contextualized content experiences on its website for improved customer satisfaction and higher revenues based on increased click-through rates.

What do all these organizations have in common?

They have all turned their information into innovation using Enterprise Information Management (EIM).

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EIM: Using Social Media to Support Multilingual Dialogue

As the set of technologies and practices that maximize the value of information while minimizing its risks, EIM provides control for the information enterprise, creating the opportunity for unlimited growth and responsiveness. It builds information confidence through security, insight, governance, and agile processes from a set of comprehensive capabilities that lay clear the path to innovation and growth. As a suite, EIM assembles information flows and expands them beyond single tasks to help drive value as information moves through the enterprise. At every touch or click or process, opportunities for efficiency and innovation are created.

 

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Mark Barrenechea

Mark J. Barrenechea is OpenText's Vice Chairman, Chief Executive Officer and Chief Technology Officer. A prominent thought leader, he has extensive experience in information technology and his vision is to enable the digital world to help transform organizations.

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