Every organization will make a transformational journey to digital, to embrace cognitive systems of insight. As outlined in my previous post in this series, key disruptive forces are making the journey a challenge for the enterprise.
Many organizations are struggling along this path of technology adoption, caught between the two extremes of paper-based legacy systems and moving their business to the Cloud. This is even more challenging for the global industry leaders, who are not born digital. In fact, of the Global 2000, only around ten percent are moving their systems and data to the Cloud.
Because climbing this curve is insanely hard.
At OpenText, we have been following this evolution, watching Enterprise Information Management (EIM) overtake ERP information systems as the future of Information. In its development, EIM is following a similar trajectory to ERP. While ERP manages structured information and transactions, EIM manages unstructured information. Its functionality eclipses ERP as it provides a complete platform for digitization, integrating with ERP to bring together structured and unstructured information inside the enterprise and across the business network.
The Digital Revolution is introducing new digital formats to the enterprise that are based on robotics, Machine-to-Machine (M2M) communications, and cognitive systems. This is where the future of EIM lies and where we will focus to help the enterprise embrace new technologies and new information formats.
Millennials are accelerating this requirement to adopt new and disruptive technologies. They are the topic of my next post in this series.