In the past two years, humans have created 90% of the world's total data. As businesses continue to ramp up IoT, big data, and AI, the scale of data is increasing exponentially. By 2025, the average human will have a data-generating interaction every 18 seconds, leading to a whopping 175 trillion gigabytes of actionable data. That's enough data to stack blu-ray discs to the moon and back 23 times. So, is it any wonder that 44.5% of businesses admit that they will face "devastating consequences" if they don't change their data management processes within the next two years?
At DRS, we've spent years developing world-class enterprise content management for our clients. As data needs grow and information continues to pile at alarming rates, DRS is here to provide value-driven solutions that store, secure, and manage data ecosystems. Our most popular enterprise content solution—the Mercury Enterprise Content Management (ECM) platform—gives clients the tools they need to reduce risks, costs, and headaches across their data architecture.
How does it work? And why do so many enterprise scanning clients convert to Mercury evangelists?
What is Mercury Enterprise Content Management (ECM)?
Enterprise content management is a suite of tools and technology that stores, preserves, manages, and delivers content and documents across your business. It's important to understand that ECM solutions are all-in-one and exist both inside and outside of a tech ecosystem. You can easily integrate Mercury with your favorite ERP system, but you don't have to integrate Mercury for it to be immediately actionable.
In 2017, Gartner declared "enterprise content management" a dead term, replaced by a hipper, savvier, and more SaaS-driven term: Content Services. Despite rallying calls to shift terms or adopt new phrasing, we still use "enterprise content management" when discussing our Mercury ECM solution.
It's simple: we deliver enterprise-grade content management that's hyper-scalable, provides unparalleled compliance, and solves tangible business problems.
Upgrading the language doesn't upgrade your experience. Here's the secret: there is no "content management" panacea. Every solution has pros and cons. Let's look at 3 benefits of Mercury that stand out from the crowd.
These are the driving forces behind our industry-leading ECM:
3 Stand-out Benefits of DRS's Mercury ECM
1. Unlimited Scalability and Elasticity
Data may be valuable, but it's also plentiful. The sheer volume of structured and unstructured data that the average business deals with is mind-numbing. 78% of organizations have no idea what's happening with their unstructured data. 71% are struggling to protect their data. And almost every business struggles to find the space to store and maintain their documents and data.
This is especially true for transactional documents; as purchase orders, invoices, and receipts flow through AP, you need to store all of these sensitive documents without interrupting their flow.
When you look at modern data architecture, it's a nightmare. Data lakes, Cloud servers, on-premise servers, siloed SaaS solutions, and S3 buckets all digest and store data. How do you know when to move transactional documents from an on-premise server to the Cloud? Can you manage high-volume Cloud storage and still maintain workflows and processes? And how do you facilitate rapid, high-volume file management?
Mercury ECM provides nearly unlimited scalability and elasticity. Not only can Mercury help you understand when and where to store critical data, but Mercury Classify uses intelligent AI to auto classify documents, helping you build a transparent and searchable data landscape.
2. Built for Transactions and Collaboration
Data has untold value. We can skip the "data is the new oil" clichés and ignore the guesswork. The truth is that companies that manage data appropriately have higher valuations—and produce more value across virtually every metric. The layers of value that data has in today's spiderweb of tech tools is profound. IoT, machine learning, AI, sales tools, marketing tools, BI—data is used as fuel across your organizations.
Unfortunately, most ECMs are only good at handling one type of data: collaborative data. These solutions are great for internal documents (e.g., proposals, reports, etc.), but they usually suffer when handling transaction-based documents. Financial documents that exist in the source-to-pay lifecycle don't function like collaborative documents. They don't require constant touch points and change management. Instead, they require scalability and speed. Mercury ECM handles thousands (if not millions) of documents without dropping a beat, making it ideal for transactional documents.
Mercury's Analyze and File capabilities provide high-volume file storage and management. From transactional documents to collaborative files, Mercury has the speed and reliability to handle your biggest data needs. Instead of trying to build our ECM with RPA-based workflows or incredibly complicated post-management tools, we reeled in and focused on what matters most—identifying, securing, managing, and storing your documents.
The convergence of security and compliance in the data space is akin to finding a live shark swimming in your pool. With over 115 omnibus bills relating to data privacy, thousands of local ordinances, and multiple, massive regulatory bodies, trying to solve data compliance is a nightmare. Still, today, 79% of companies fail to meet GDPR requirements.
Unfortunately, GDPR is the tip of the iceberg. With an increasingly complex data architecture, sniffing out sensitive files and navigating the rocky waters of file distribution and storage can quickly lead to dead ends and headaches.
Mercury breeds compliance data ecosystems. Our best-in-class content management system uncovers data, maps it to policies and standards, and quickly and easily finds critical information for audits. With multiple layers of information governance, Mercury defensively deletes information, reflexively pushes PI into the appropriate data sources, and immediately applies policies and controls to data sources.
Are You Ready for the Future of Content Management?
You can call it "content services" or "enterprise content management" or even "content management." The name doesn't change the value of the solution. At DRS, we've spent years building Mercury—a world-class enterprise content management system. Let's cut the red tape! Mercury organizes, stores, manages, deploys, and regulates your data ecosystem. It's that simple! See for yourself. Contact us to learn how Mercury helps you navigate today's data architecture.