Why Enterprise Information Management (EIM) Is Finally Becoming A Reality

For those who may still have a fuzzy understanding of Enterprise Information Management (EIM), the simplest definition would be: “managing critical business information at an enterprise level.” Without a comprehensive EIM strategy, organizations are likely to continue struggling with their sprawling IT environment, with widely varying data types and structures. This type of organic and chaotic growth will ensure that data integration challenges continue, and insights into enterprise operations is at best a “wish-list item”.
Critical components of a successful EIM strategy include:

  • A foundation of solid infrastructure, and core, well-integrated technologies.
  • An overall enterprise data architecture, designed to systematically evolve with the needs of the organization.
  • Mature methodologies and business processes for data life cycle management.
  • An alignment of the EIM strategy with the culture of the organization. i.e. centralized or decentralized.
EIM is not a new idea; as far back as the early 1970s, experts had already begun to talk about the concept of a single, comprehensive “data bank”. This bank would house reporting applications that would provide insights into the bank’s data. Fast forward to 35 – 40 years after, and we find a long line of failed attempts to reach this lofty objective, including mainframes, mini computers, personal computers and enterprise resource planning (ERP) systems.
I think that today’s corporations are now positioned to reap the benefits of EIM. This is as a result of the following:
  • A better understanding of EIM concepts; what is feasible and what is not.
  • More mature methodologies and approaches to EIM.
  • Massive influx of low-cost, high-performance devices into the servers and tools market.
  • Better integration of products and core technologies like cross platform data extraction, transformation and loading (ETL) tools, and just-in-time data integration technologies.
What do you think?

Find out more about EIM.
Image by: http://sapmdmtutorials.blogspot.com/

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2 thoughts on “Why Enterprise Information Management (EIM) Is Finally Becoming A Reality

  1. Seems like this is your domain of expertise. Where can I find more information about EIM? Also, perhaps it’ll be more helpful if you gave a specific instance where a lacking of EIM initially costed a company millions later down the line. I like many people enjoy reading stories of failures and successes instead of dry abstractions.

  2. Hi Shen,
    Thanks for your feedback. It is very much appreciated. A friend told me about this website: http://mike2.openmethodology.org/ It is an immense resource on EIM. I don’t consider myself an expert by a long shot, but it is a very important area as far as enterprise IT is concerned, and so I keep investigating and learning more about it. Hopefully I can get some case studies on my blog soon.

    Thanks! 🙂

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