We’re well into 2024, and the data landscape is evolving faster than ever. As organizations of today manage heaps of data, navigating the currents and extracting valuable insights is crucial for success. With that said, here are five predictions & trends that will likely shape the data landscape in 2024. Rise of Data Fabric & […]
Introduction: The transition from SAP ECC to SAP S/4HANA is a pivotal move in the ever-evolving landscape of SAP systems. This blog explores the critical practices of active archiving and application retirement, seamlessly integrated into the migration process. Let’s delve into the latest statistics from SAP Insider, Forrester, and Gartner, highlighting the urgency driven by […]
Introducing Solix Common Data Platform 3.0 – The cloud data management platform for Enterprise Archiving, Enterprise Data Lake, Consumer Data Privacy, and Enterprise AI. We are excited to announce the release of Solix Common Data Platform (CDP) 3.0 – the most advanced version powering our flagship cloud data management applications. Featuring a cloud-native architecture, a […]
Cloud document management is key to productivity, regulatory compliance, and data security. Its benefits reach far into your bottom line and future success.
A cloud document management system is critical to your team's productivity in a fast-paced, on-demand business environment with increased remote work roles. Your enterprise’s document management system directly impacts the security and efficiency of your information, customer, and vendor operations. (more)
Many organizations suffer from content sprawl—possibly including yours. The unmanaged proliferation of file storage solutions across departments and processes has made content sprawl a common IT challenge across organizations. Content sprawl hampers the ability of end users to find the right content easily and for IT teams to administer it effectively. Additionally, it has an adverse effect on data security, compliance, and costs. For these reasons, cloud document management is something every organization should consider. (more)
Businesses that apply proven best practices to their records management policies enjoy financial and strategic advantages over their competition. Complete and well-organized records help companies optimize processes and information availability, strengthen customer relationships, and safeguard financial health. Records management has also emerged as a mission-critical concept as regulatory, and compliance regimes become increasingly complex. (more)
Data retention compliance is challenging, regardless of the industry. Simplify and streamline your data management while improving regulation compliance
. Data retention—sometimes also referred to as record retention—is the storing and maintaining of data and records for a certain time period to meet business, audit, and compliance requirements. From keeping accurate financial records and complying with regulations to disaster recovery and feeding analytic engines, businesses depend on sound data retention policies to function optimally. (more)
As we move to a digital future, businesses frequently process written, scanned, or digitally created documents such as invoices, checks, order forms, and bank statements. Traditionally a manual process, data extraction (capturing specific pieces of information from documents) will never become irrelevant. The data extraction market is expected to grow to $4.9 billion in 2027. And Gartner predicts 70% of organizations in 2025 will focus on innovative techniques to extract value from unstructured sources. However, the method by which businesses extract data has evolved—and there’s a new change that can simplify life for your company. (more)
Legacy applications bog down digital transformation in many organizations. Businesses must modernize to stay competitive; using older apps can slow down and even hinder this process, wasting valuable resources—such as staff, money, and IT infrastructure—in the process. For this reason, CIOs, IT, and I& O leaders are under immense pressure to modernize and support digital initiatives with an intent to deliver transformational experiences for internal and external stakeholders.(more)
Data lifecycle management secures, stores, and structures your valuable enterprise data to meet regulatory requirements and fulfill business information demands while optimizing infrastructure and costs.
As the world moves into a fully-digital future, the amount of data enterprises produce is growing astronomically. According to a Seagate report, the total amount of data generated by 2025 will accelerate exponentially to 175 zettabytes. No wonder we refer to this as the Information Age and to data as the new oil! However, this data must be reliable, accurate, and readily available when needed to be truly valuable. Data lifecycle management can help. (more)