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Business intelligence (BI) consists of strategies, methodologies, and technologies used by enterprises for data analysis and management of business information. Common functions of BI technologies include reporting, online analytical processing, analytics, dashboard development, data mining, process mining, complex event processing, business performance management, benchmarking, text mining, predictive analytics, and prescriptive analytics.
Records management, also known as records and information management, is an organizational function devoted to the management of information in an organization throughout its life cycle, from the time of creation or receipt to its eventual disposition. This includes identifying, classifying, storing, securing, retrieving, tracking and destroying or permanently preserving records. The ISO 15489-1: 2001 standard defines records management as "[the] field of management responsible for the efficient and systematic control of the creation, receipt, maintenance, use and disposition of records, including the processes for capturing and maintaining evidence of and information about business activities and transactions in the form of records".
Enterprise content management (ECM) extends the concept of content management by adding a timeline for each content item and, possibly, enforcing processes for its creation, approval, and distribution. Systems using ECM generally provide a secure repository for managed items, analog or digital. They also include one methods for importing content to manage new items, and several presentation methods to make items available for use. Although ECM content may be protected by digital rights management (DRM), it is not required. ECM is distinguished from general content management by its cognizance of the processes and procedures of the enterprise for which it is created.
OpenText Content Manager is a proprietary electronic document and records management system (EDRMS).
Information Lifecycle Management (ILM) refers to a series of strategies aimed at managing storage systems on computing devices.
A retention period is an aspect of records and information management (RIM) and the records life cycle that identifies the duration of time for which the information should be maintained or "retained", irrespective of format. Retention periods vary with different types of information, based on content and a variety of other factors, including internal organizational need, regulatory requirements for inspection or audit, legal statutes of limitation, involvement in litigation, and taxation and financial reporting needs, as well as other factors as defined by local, regional, state, national, and/or international governing entities.
Electronic discovery refers to discovery in legal proceedings such as litigation, government investigations, or Freedom of Information Act requests, where the information sought is in electronic format. Electronic discovery is subject to rules of civil procedure and agreed-upon processes, often involving review for privilege and relevance before data are turned over to the requesting party.
Email archiving is the act of preserving and making searchable all email to/from an individual. Email archiving solutions capture email content either directly from the email application itself or during transport. The messages are typically then stored on magnetic disk storage and indexed to simplify future searches. In addition to simply accumulating email messages, these applications index and provide quick, searchable access to archived messages independent of the users of the system using a couple of different technical methods of implementation. The reasons a company may opt to implement an email archiving solution include protection of mission critical data, to meet retention and supervision requirements of applicable regulations, and for e-discovery purposes. It is predicted that the email archiving market will grow from nearly $2.1 billion in 2009 to over $5.1 billion in 2013.
Electronic document and records management system (EDRMS) is a type of content management system and refers to the combined technologies of document management and records management systems as an integrated system.
Information governance, or IG, is the overall strategy for information at an organization. Information governance balances the risk that information presents with the value that information provides. Information governance helps with legal compliance, operational transparency, and reducing expenditures associated with legal discovery. An organization can establish a consistent and logical framework for employees to handle data through their information governance policies and procedures. These policies guide proper behavior regarding how organizations and their employees handle information whether it is physically or electronically.
ZL Technologies was founded in 1999 in Milpitas, California and is a privately held, developer of unstructured data archiving software. Its principal product, ZL UA, is used by enterprises to consolidate all unstructured data into a single repository for the purposes of information governance—i.e. compliance, legal discovery, records management, file analysis. ZL Tech' global headquarters is in Milpitas, California, and has international offices in Tokyo, Japan; Hyderabad, India; Vancouver, Canada; and Dublin, Ireland.
HP Information Management Software is a software from the HP Software Division, used to organize, protect, retrieve, acquire, manage, and maintain information. The HP Software Division also offers information analytics software. The amount of data that companies have to deal with has grown tremendously over the past decade, making the management of this information more difficult. The University of California at Berkeley claims the amount of information produced globally increases by 30 percent annually. An April 2010 Information Management article cited a survey in which nearly 90 percent of businesses blame poor performance on data growth. The survey concluded that for many businesses their applications and databases are growing by 50 percent or more annually, making it difficult to manage the rapid expansion of information.
The Generally Accepted Recordkeeping Principles were created by ARMA International as a common set of principles that describe the conditions under which business records and related information should be maintained.
The web content lifecycle is the multi-disciplinary and often complex process that web content undergoes as it is managed through various publishing stages.
IBM OpenPages is an integrated governance, risk, and compliance (GRC) platform that enables companies to manage risk and regulatory challenges across the enterprise. The software was developed by American Computer Innovators in 1996.
Lockpath is a governance, risk management, and compliance and information security software platform based in Overland Park, Kansas. Its Keylight platform integrates business processes to simplify risk management and regulatory compliance challenges. Common business areas Lockpath target are policy and procedure management, risk assessment, incident management, vulnerability management, vendor management, business continuity planning and internal audit preparation.
Marketing automation refers to software platforms and technologies designed for marketing departments and organizations automate repetitive tasks and consolidate multi-channel interactions, tracking and web analytics, lead scoring, campaign management and reporting into one system. It often integrates with customer relationship management (CRM) and customer data platform (CDP) software.
Enterprise legal management (ELM) is a practice management strategy of corporate legal departments, insurance claims departments, and government legal and contract management departments.
StoredIQ was a company founded for information lifecycle management (ILM) of unstructured data. Founded in 2001 as Deepfile in Austin, Texas by Jeff Erramouspe, Jeff Bone, Russell Turpin, Rudy Rouhana, Laura Arbilla and Brett Funderburg, the company changed its name in 2005 to StoredIQ. It continued to operate successfully for over a decade until it was acquired in 2012 by IBM. It now serves as a platform for IBM's information life cycle governance, big data governance and enterprise content management technologies.
ModelOps, as defined by Gartner, "is focused primarily on the governance and lifecycle management of a wide range of operationalized artificial intelligence (AI) and decision models, including machine learning, knowledge graphs, rules, optimization, linguistic and agent-based models" in Multi-Agent Systems. "ModelOps lies at the heart of any enterprise AI strategy". It orchestrates the model lifecycles of all models in production across the entire enterprise, from putting a model into production, then evaluating and updating the resulting application according to a set of governance rules, including both technical and business key performance indicators (KPI's). It grants business domain experts the capability to evaluate AI models in production, independent of data scientists.
References
- ↑ "Global Information Governance Day – Information Governance Initiative". 25 May 2023.
- ↑ Gartner definition
- ↑ "Information Governance Month". Archived from the original on 2013-02-12. Retrieved 2013-02-07.
- ↑ "What is RIM? An article from ARMA" (PDF). Archived from the original (PDF) on 2009-11-19. Retrieved 2013-02-07.
- ↑ ARMA description of e-discovery Archived 2013-01-28 at the Wayback Machine
- ↑ Presidential Memorandum – Managing Government Records