Companies who are concerned with recent development changes in technology, would not mind spending money and resources to find solutions in their business processes problems. As these problems are identified, they try to refine their process, improve their controls and reduce costs. They eventually gained new information about their operations and they would want to use what they have learned to improve their business. Companies try to develop a more comprehensive, planned approach to managing content, with new strategies that will deliver value and insights towards improving their business process efficiencies and productivity.
All companies have records to maintain. Records are information that is kept for a purpose. It has value for the company and it is for this reason that it is preserve for future use. Records come in different forms such as paper, microfilm or microfiche. Companies begin to demand for document management system that would not just convert files into digital files but a system can be used to capture, store, preserve and deliver content regardless of where the information exists. A system for which Enterprise Content Management possess.
Microsoft and Oracle Corporation, are the two major software providers today that provide software solutions with ECM functionality. Companies who started providing Document Management Systems have added on management of other enterprise content and who begun as Web Content Management providers have branch out into managing other types of content such as business documents and rich media.
There is indeed growth of interest of adopting ECM technology within organizations. ECM technology should be a part of companies’ modern IT infrastructure.