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"When everyone is looking for gold, it's a good time to be in the pick and shovel business." -- Mark Twain

Enterprise Content Management, by definition, is the ability to gather, organize, and distribute corporate information, regardless of its original format. The ECM industry is rapidly becoming the most highly sought after service for ’Corporate America’. Having said that, let’s first understand that ECM has no ‘vertical’ market. Simply stated, this means that there is no one type of business served better than any other. ECM can help a medical facility handle its knowledge base just as quickly and efficiently as it can help an attorney’s office manage their legal documents.

The second thing we need to recognize is that ECM has integrity. Think of it as an electronic library of knowledge. Similar to a library made of brick and mortar, once information is deposited, it becomes the central focal point for getting reliable data. In other words, you can depend on the reliability of the information because there is only one original copy, not five!

It is safe to say that ECM is not all things to all people. To be represented properly, it must be known as having a single focus; to afford a company the ability to reduce frustration in the office environment. How can it do that you say? By being a tool and by being the central repository for anything a computer can understand, staff only has to look in one place to find necessary information. Like a student doing a report, if you take them to a good library, they will find the information they need and the report will reflect it. ECM is that library! Additionally, the ECM library has security, accountability, reporting and audit-trails. Ooooh, if only the old-fashioned libraries had that kind of accountability, they would never loose a book!!

Thirdly, ECM is truly a ‘niche service’ and therefore, it needs a ‘niche market’. The interface that the end-user sees on the screen, in most cases, can be simply modified to fit the perspective niche. For example, you can address the specific needs of a medical concern with a medical ‘interface’. If you choose to modify the initial login screen to contain medical terminology, the users will believe it was created especially for them! I am not advocating deception, just perception, and positive perception at that. Now you have a niche product, addressing the niche medical market.

Lastly, ECM may be initially challenging to sell. It is not for lack of technology, but because of the business culture’s mindset. How so? Because corporate America still does not fully understand and accept a ‘paperless society’ or ‘automation’ in general. This is why we call it a niche. Perhaps ‘it’ is not as much the niche as the prospect you are looking for as a ‘niche’. The ideal candidate for ECM automation is youthful or more aggressive towards technology with a fairly high impetus to move in this direction.

It might be that in the past, they have lost a document that has cost them a tremendous amount of time, money or aggravation. We still must face the facts that even among those who are receptive, ECM represents a significant change in the accepted way of how documents are stored and handled. To offset the anxiety, we must show an apprehensive market how controlled document management is a gold mine, and that ECM is the 21st Century’s pick and shovel industry.

Introduction recap:

  1. ECM has no ‘vertical’ market - making it applicable to all.
  2. ECM has integrity. Like a library –you can count on it.
  3. It can be adapted to the audience, allowing it to fill a niche.
  4. Sales can be challenging due to engrained corporate culture.
Wednesday, May 12 2010 10:42

ImageSource & PowerSource Magazines - May 2010

Written by Nick Inglis

See Nick Inglis' article called "The Paperless and Limitless Company?" at ImageSource Magazine.

See Nick Inglis' article called "Recognize The Need For Change : MPS Marketing" at PowerSource Online Magazine.

Over the next several weeks we’ll be releasing 5 chances to win a FREE iPad or be one of the first 54 people to take our brand new Marketing2.0 course (a social media marketing and web marketing course). You have 5 chances to win, so check back for more opportunities!! Chance 1 begins right now and we're telling you about chance 2 right now as well. 3 chances will be online and two will be in person.

Here’s what you need to do to get an entry into our drawing:

 

Thursday, October 08 2009 08:05

Document Management Animation

Written by Nick Inglis