Document & Records Management

Sony Optical Archive Inc., a wholly-owned subsidiary of Sony, has launched the Everspan Library System (Everspan), a scalable optical library system solution with a 100-year warranty on the media.

The short answer is: no. Before I explain why, let me take you through a real world (and very common) scenario that I recently encountered.

Deloitte has announced an alliance with Kira Systems to bring the power of machine learning to the workplace, an innovation it believes could help free workers from the tedium of reviewing contracts and other documents. 

Mizuho Financial Group, one of the largest financial institutions in the world, and Cognizant, a provider of information technology, consulting, and business process outsourcing services, have announced a strategic agreement to develop a blockchain solution for secure record-keeping of documents among Mizuho Financial Group companies around the world.

Leading independent Australian law firm Hall & Wilcox, with offices in Melbourne, Sydney, Newcastle, Perth and Canberra, has implemented Nikec Binder and Nikec Docstore to improve the efficiency with legal document bibles and audits.

Local Government software developer Civica has launched a new SharePoint platform to provide online portals, enterprise workflow, and integration and CRM capabilities. Contact360 is decribed as a customer contact and transactional platform for councils in Australia and New Zealand.

ABBYY has announced two new language-based products enabling businesses to understand and act on complex, unstructured information. Based on the company’s Compreno natural-language processing (NLP) technology, ABBYY InfoExtractor SDK and ABBYY Smart Classifier enable development of next generation smart business process applications, accelerating business decisions and insights for industries, including oil and gas, insurance, healthcare, financial services and government, among others.

While the company has not yet gone completely paperless, an automated data extraction solution using ABBYY FlexiCapture solution has streamlined the vast majority of paper-based processes for Clinical Care Professionals. The Australian organisation provides a wide range of nursing care, therapy services, and care services to people in their own homes.

Veritas Technologies has announced new innovations to Enterprise Vault 12 and Data Insight 5.1 including advanced classification, support for Box, and automated remediation workflows. Together they provide businesses with critical visibility into their unstructured data and empower informed decisions about what critical information to retain and what to delete for compliance, business value and discovery.  

The Internal Revenue Service (IRS), the huge US government agency that processes more than 230 million tax returns annually, has revealed its inability to preserve its employees’ emails and track those records down when needed.

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