March 29, 2017 | Written by: Stephanie Wing
Categorized: Enterprise Content Management
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With the pressure to digitize business processes to stay competitive against present and future firms, many companies are looking for solutions to bring them ahead of the curve. The “curve” may feel like a moving target, but adding a cognitive element to your content processes may help hold that target steady.
“Cognitive Digitization” combines the ability to not only digitize a document but extract knowledge through reasoning and to put it in the context of the user’s business. This means you do not need to build templates or have any previous knowledge of a document to capture the relevant knowledge from within a document. Further, the exhaustive semantic capability enables you to translate what it has captured to terms that are more meaningful and consistent within a given business environment and support integration with Robotic Process Automation (RPA) and Resource Description Framework (RDF) applications.
Cognitive Digitization is designed to help document classification, semantic normalization and key value pair identification without any templates, extensive training or previous knowledge of the document. It can transform your organization to higher levels of productivity, help enhance customer experiences, and create better business outcomes. A strong digital foundation helps you extract insights quickly and easily, and moves you closer to becoming a cognitive business.
Similarly, with IBM Enterprise Content Management, IBM Datacap streamlines the capture, recognition, and classification of business documents and quickly and accurately extracts important information from those documents for use by business users and in applications. IBM Datacap is helping lead business into the next generation of capture – the cognitive era. Using natural language processing, text analytics and machine learning technologies, like those in IBM Watson, IBM Datacap Insight Edition automatically identifies, classifies and extracts content from unstructured or highly variable documents that usually require manual intervention. Not to mention, no other vendor provides cognitive capabilities except IBM.
Why adopt cognitive content solutions now? Well, “89 percent of early adopters surveyed report they are more profitable and more innovative that most industry peers” when implementing cognitive solutions. Cognitive capabilities can help your organization: interpret information from complex and variable documents, extract and analyze insights from unstructured content while minimizing human interview, and enhance decision-making when you take swift action on cognitive insights.
Add a cognitive element to your content processes with IBM ECM solutions designed to help you: capture content from diverse sources, collaborate within and beyond the enterprise, act on insights with a more complete view of your customers, patients or other entities, and accelerate time to value with a cloud approach. What can you do with cognitive content solutions? Let IBM show you what’s possible by downloading this interactive demo.
Come see the IBM team at booth #406 at the Document Strategy Forum 2017 on May 2nd in Chicago to learn more about Cognitive Digitization and IBM cognitive content solutions!