by Innovit Corporate Affairs | Nov 12, 2018 | Blog, MDM
If you’ve thought the amount of data your organization is dealing with has been increasing, it’s because it is. The numbers prove it. Over 2.5 quintillion bytes of data are created every day, and the number is growing. Experts predict every person on Earth...
by Innovit Corporate Affairs | Nov 7, 2018 | Blog, GDSN
According to Veritas, only 15% of data out there can be classified as Business Critical Information. This excess data could cost $3.3 trillion in storage and management by the year 2020. The reason why so much of this data is unaccounted for is partly due to a lack of...
by Innovit Corporate Affairs | Nov 5, 2018 | Blog, PIM
Product information management (PIM) systems are expected to grow up to 25.5% by 2023. There is even a growing demand for PIM in the medical field. Specifically, this interest lies in healthcare IT solutions. But what’s the hype all about? Why are those in the...
by Innovit Corporate Affairs | Oct 31, 2018 | Blog, MDM
According to a recent survey, over 69% of Healthcare leaders in IT emphasized on healthcare supply chain management as they believe it is an important factor for actionable data mining. In addition to that, with over $672.1 billion spent on Medicare in just one year,...
by Innovit Corporate Affairs | Oct 29, 2018 | Blog, PIM
Once upon a time, businesses had to keep paper files detailing everything about their products and customers. But when the internet came into the picture, that all changed. Now, businesses are finding ways to manage vast amounts of data electronically. One of the...