What is enterprise information management? Benefits for businesses

Nowadays, the need to manage business information is extremely necessary to use and secure information effectively. In this article, let's learn with 1C Vietnam the concepts, benefits and aspects of corporate information management.

1. What is enterprise information management?

Enterprise information management (EIM) is the process of optimizing, storing and processing data within an enterprise through the combined power of business intelligence/analysis and management. content management.

EIM enables organizations to manage structured and unstructured data across operations and extract and secure useful business information while complying with relevant regulations, laws or standards. Information/data management in businesses. It's all done on a single platform at the enterprise level.

The goal of information management solutions is to improve efficiency, promote transparency, and facilitate business intelligence by leveraging software or technology solutions designed to help organizations Extract valuable information.

2. The benefits of information management in businesses

With the "huge" amount of information that needs to be processed, scientific information management brings many great benefits to businesses. These benefits can include:

2.1. Enhance performance and productivity

Performance and productivity directly impact the bottom line. Effective business information management allows searching, decentralizing and accessing information quickly. This saves workflow time and improves business process performance.

2.2. Better customer experience

EIM should be a focus for companies looking to improve customer experience. Enterprise information management systems are designed to integrate all data and processes including customer interactions with the company through phone calls, emails, social media posts, etc. From there, businesses will come up with solutions to improve customer experience better.

2.3. Increase competitive advantage

Enterprise information management (EIM) provides opportunities to create value from data assets that businesses have never had access to before. Organizations can monitor trends in business operations and better understand customer needs. This helps businesses create successful products or services.

2.4 Ensure compliance with regulations on safety and information security

EIM ensures that businesses have control over their data. This means businesses have the right to access, store and secure data in a safe and responsible manner, ensuring compliance with various standards or regulations.

3. What elements does enterprise information management (EIM) include?

EIM includes many different aspects to ensure information is used and stored in a reasonable and scientific manner. Enterprise information management includes the following elements:

3.1. Data storage (physical or virtual)

Data storage is the storage of data in a physical or virtual environment. Virtual data storage can be done through software such as a document management system or content management system (ECM). Physical data storage can be done via external hard drives, flash drives, USB or cloud computing.

3.2. Data protection

Data protection is an important job for businesses because lost data can affect the survival of a company. The EIM system will help businesses secure sensitive information while still allowing employees access when needed.

3.3. Data analysis

Data analytics can help companies make better and smarter decisions. Effective business information management allows full and quick access to information, thereby helping to analyze data to make more accurate business decisions.

3.4. Big data management

Data is generated from many different sources in large volumes, making it difficult to track. Information management in businesses allows to collect, manage and analyze data through software more quickly and accurately.

Information is an important factor that directly affects an organization's business decisions. Therefore, enterprise information management plays a necessary role in increasing competitive advantage and sustainable development. For further support and advice on effective information management solutions in businesses, please contact 1C Vietnam today.