It is estimated that 80 percent of the data held by an average financial institution is unstructured. Harnessing the functionality of Big Data in analyzing unstructured data elements like images, videos, documents and e-mails will enable banks to explore new dimensions in insight generation and decision making, says Kishen Kumar of Infosys,
Toyota Finance has moved to speed up loan processing for its extensive dealer network across Australia with a customised Kodak digital capture solution supplied by Upstream Print Solutions and document imaging specialist distributor Alloys.
Managing information in the form of corporate data, documents and records is arguably one of the most crucial activities for any organization and its employees. Organisations depend on information to make critical strategic decisions, serve customers, protect legal rights and process transactions. Most large companies even create entire departments to maximize the value of that information and help employees quickly and easily access it to make better decisions.
If you're like thousands of businesses across the globe, you are evaluating the opportunities to "go paperless." Recent mid-market surveys indicate that document management is ranked in the top five IT initiatives being undertaken.
A major government record-keeping "stuff-up" has resulted in sensitive documents from the 1980s Fitzgerald Inquiry into Queensland Police corruption being mistakenly made available to the public. These records potentially identify secret witnesses, anonymous testimony and criminal allegations.
Eric Bussy is VP Product Management & Marketing at Esker, one of the world's leading providers of document automation solutions for inbound and outbound processes ranging from customer and supplier invoices, dispatch notes, sales orders and purchase orders to remittance advices. As the man responsible for the development of products, services and solutions at the multinational, IDM asked him what it’s like to steer a course through such a diverse landscape today where companies need everything from cloud based data exchange to physical delivery by post and fax, via both on-premise and cloud platforms.
The job of managing a large and growing store of marketing images led camping and outdoor apparel firm Kathmandu towards a SharePoint solution using Equilibrium’s MediaRich platform.
SharePoint is moving beyond its traditional strengths in collaboration and content management, also emerging as a custom application platform and business intelligence tool for data analysis, according to users profiled at the upcoming SharePoint 2013 Conference in Sydney (April 10-11) and Auckland (April 16-17).
Text analytics can bridge the gap between structured and unstructured data, opening up the benefits of text mining for fraud detection. As more and more insurers leverage analytical techniques for detecting suspicious claims, the benefits of text mining are becoming more apparent.
