Sixty-five years ago, the world learned about ENIAC, the first smart calculator. Ever since, computing technology has progressed in leaps and bounds in response to the challenges of storing, managing and extracting value from an ever-increasing volume of data. Today, the exponential growth of real-time data generation is posing even greater challenges for individuals and businesses. How can companies tame this huge stream of data? How can they analyze zettabytes of information in emails, documents, news and comments in social networks and utilize them for better business outcomes?
New legislation around data protection and breach reporting means organisations need to put the right processes, people, and technology in place to comply. Failing to do so can create significant challenges for businesses. The new laws have already seen breaches become public that may otherwise have remained hidden.
Dentons Rodyk, a member of Dentons – the world’s largest law firm – will be the first firm in Singapore to provide all its lawyers and staff with Contract Companion, a tool that leverages Artificial Document Intelligence to achieve unparalleled analysis speed, greater accuracy, and improved workflow when reviewing and proofreading documents.
North Queensland Bulk Ports (NQBP) has implemented a digital pilot passage plan using the Intelledox Infiniti platform – the first port authority in Australia to do so.
Worldwide spending on blockchain solutions is forecast to reach $US11.7 billion in 2022, according to a new update to the Worldwide Semiannual Blockchain Spending Guide from International Data Corporation (IDC).
Information Management and Governance (IMG) specialist, iCognition has been recognised as the first ever buy.nsw approved supplier. buy.nsw is a new NSW Government program working to improve ICT procurement for buyers and sellers, simplifying procurement, starting with cloud products and services.
While internal audit can always review an organisation’s process and procedures, it cannot always detect the minor frauds – which is where forensic data analytics can play a vital role.
How much paper is it worth scanning as part of an electronic document management project? It’s a fraught question, but the answer seems to be ‘only what you need’ with legacy records and ‘Day Forward’ scanning of new documents as they are produced. The push towards Day Forward Scanning as a step on the path towards full Digital Transformation is driving strong growth in the scanning business at Australia’s Advance Record Management, headquartered in Geelong, Victoria.
There are many aspects to consider when embarking on a major back scanning project, and one of the most daunting if pursuing an in-house approach is acquiring the necessary scanning hardware and software to digitise the archive, as well as developing the expertise to make it all run smoothly. Scanning specialist EzeScan is gaining traction with a headache free option providing the ability to rent scanners and the necessary software for the duration of a project, with setup and training included. Once the project is completed, the user simply hands it all back having had the ability to better manage cash flow by choosing to either CAPEX or OPEX the solution costs.
