The 10 Best-in-Class Document Management Solution Providers, 2020

VOL 07 | ISSUE 09 | 2020

The

10 Best-in-Class

DOCUMENT MANAGEMENT Solution Providers

2020

Working without Barriers – Contentverse ECM Enables All Options

Editor’s Desk A Comprehensive Security for Documents

I

n the era of crisis technology advancements have completely changed the way of office work. Now people keep all their information in electronic form rather than the traditional method of papers. This has helped them in two ways – first, they do not have to go through pile of papers to find one document; and, second, it has reduced the storage space.

Document Management Solution or DMS is the modern way to solve the challenges associated with traditional file management systems. One can implement a document management solution in his/her organization to streamline workflows and organize the document collaboration process. This document management solution comes with amazing feature of document retrieval and one doesn’t have to worry about their documents being stolen. It also enables employees to collaborate from wherever they might be stayed without worrying about the loss, and safety of the documents they’re working on.

A goodbye to Traditional Method of Documentation

As per a survey done by IBM and Ponemon Institute which indicates that a data breach costs organizations about $148 per compromised record. DMS allows the assessment of the path of those who edited and viewed a file which includes the date and time when the file was edited or viewed as well.

In its upcoming edition “The 10 Best-in-Class Document Management Solution Providers, 2020” Insights Success has shortlisted Document Management

Solution Provider companies which are taking important steps during this pandemic situations to help businesses thrive and improve.

In this issue, we have Computhink as the cover which offers the Remote Digital solution with access from anywhere, comprehensive security, and a variety of deployment options for the entire organization. With comprehensive ECM to accelerate business processes and streamline content sharing, even from afar, no business has to limit their efficiency during unique times, no matter where their employees are.

Also, while flipping the pages, don’t forget to go through the articles and CXOs written by our in-house editorial team and industry experts respectively.

CONTENTS

08

Working without Barriers – Contentverse ECM Enables All Options

BALDUR INGI HALLDORSSON Striving to make the best Hot dog in Town

30

ARTICLES

Knowledge Keys

24

Tech Trend

Working without-Contentverse ECM Enables All Options

36

Business Achievers Rewards and Recognition: A Boon to Employee Achievement

eBizDocs Helping Organizations Manage Documents, Easily!

MereSecure® Helping Organizations Exchange Information Securely

16 22

eQuorum Corporation

28 34

Noggle

Helping Businesses Grow with Industry Leading Technology

Don’t Just Discover and Retrieve Your Data with Cloud, Advance it

Editor-in-Chief Pooja M. Bansal Managing Editor Anish Miller

Executive Editor

Assistant Editors

Rohit Chaturvedi

Jenny Fernandes Rohit Chaturvedi

Visualizer

Art & Design Director

Associate Designer

David King

Amol Kamble

Iresh Mathapati

Co-designer Kushagra Gupts

Senior Sales Manager

Business Development Manager

Kshitij S

Andy Mitter

Marketing Manager

Sales Executives

John Matthew

David, Kevin, Vishnu

Technical Head

Business Development Executives

Jacob Smile

Steve, Joe, Alan, Anup

Technical Specialist Aditya

Digital Marketing Manager Marry D'Souza

SME-SMO Executive Amol Wadekar

Research Analyst Frank Adams

Database Management Stella Andrew

Circulation Manager Robert Brown

Technology Consultant David Stokes

sales@insightssuccess.com July, 2020

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Reprint rights remain solely with Insights Success.

COVER STORY

The 10 Best-in-Class Document Management Solution Providers, 2020

Working without Barriers – Contentverse ECM Enables All Options

“Whether your workforce is in the office, at home, or out to lunch, Contentverse is always right where you need it”.

COVER STORY

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emote working is changing how the Global Workspace operates. Dramatically accelerated by recent events it has altered the way many companies do business, focusing on the need to quickly revise procedures and file management practices. A recent report from Gartner confirms that even amidst a global crisis, those employers that have embraced the new remote workspace concept have experienced a significant increase of employee productivity and higher job satisfaction, which is translating into enormous profitability. Companies need to evolve quickly, removing barriers, if they want to not only get by but actually prosper. The best way to ensure that a business can adapt is to use a software environment that adapts with them, solves a variety of needs at once, and offers tools to meet the unique challenges companies are facing worldwide.

Computhink’s Enterprise Content Management (ECM) solution, Contentverse 2020, offers the Remote Digital solution with access from anywhere, comprehensive security, and a variety of deployment options for your entire organization. With comprehensive ECM to accelerate business processes and streamline content sharing, even from afar, no business has to limit their efficiency during unique times, no matter where their employees are.

Access from Afar With many organizations operating remotely, digitization of customer account data, financial records, and internal information is the answer to the perceived inconvenience of working from home and cutting the cord of physical documents. These businesses are discovering the greater need for content management software. ECM systems have been prepared for major adoption for years as outsourcing and telecommuting have steadily risen.

Solutions like Contentverse allow organizations to store files in a consolidated structure, accessible to everyone on internal teams with permissions, and inaccessible to everyone else. Files can be stored in local servers at the office and logged into remotely, or they can be hosted in the cloud. A third option is to mix both for unique needs.

The new Contentverse 2020 is packed full of feature functionality, allowing users to file, locate, edit, and process any document in their organization with ease, anytime, anywhere. With the 2020 version’s new Enterprise Online client, users experience full functionality via a streamlined, responsive interface, no matter from which browser they access it. Contentverse’s CV Mobile application for Android and Apple devices allows users to access their filing structure and workflows on the go. Snap a picture of an invoice or an RFP and leverage the built-in OCR engine as you process it. Add any document into Contentverse from

your phone or tablet, and search your entire database with ease when you need to retrieve it. With web-based and mobile versatility, your team can access Contentverse whenever they need to, even while working from home.

Comprehensive Online and Off-line Security It has become obvious that, without the right systems in place, data breaches and ransomware will have a field day even with enterprise filing structures. A company that wants to protect its information needs to invest in the right content management. Contentverse’s user permissions govern who in the company sees what files, and a dedicated security manager can limit the breadth of administrative oversight to tighten access.

Additional document rights and permissions can then be designated to control what a user can and cannot do with the documents. For example, a password-protected redaction on sensitive document information and print-screen prevention further protect data. Audit trails and flexible redactions round out internal security for the solution. Not only can you keep tabs on who opened what and when, you can also redact portions of documents so that internal users with access don’t stumble upon sensitive data for the board or C-suite.

Ensuring security for documents that need to be shared with individuals outside the organization, while minimizing the risk of GDPR exposure and similar compliance legislation, is paramount. Contentverse Sentinel provides secure, controlled access of select documents to those outside of the system while maintaining absolute security, and without additional licensing cost.

COVER STORY Encryption in transit and at rest provides multiple layers of encryption to ensure hackers won’t be able to break in from any angle. Complemented with enhanced online security with SSL encryption for all web-based clients, and your remotely accessed data is totally secure.

Hosted, On-Premise, and Hybrid Many industries’ regulatory requirements prohibit the use of cloud services. Sensitive government or customer data cannot be kept in multi-tenancy servers. Security measures require closed networks with no internet access, which makes external hosted environments untenable. On the flip side, there are several verticals that benefit from cloud storage and file management using standard and/or highly secure Government level cloud hosting. Every use case has different deployment demands particular to their industry, location, company size, and so on.

Contentverse can be deployed in hosted, on-premise, and hybrid environments. The hybrid deployment option opens up a wide variety of deployed, hosted and onpremise, server/services, storage, and database options.

This gives customers versatility, opening availability to virtually every industry. With Contentverse 2020’s new Enterprise Online client, users experience full functionality via a streamlined, responsive interface, no matter from which browser they access it. Additionally, with the option to leverage SSL encryption for web clients, accessing Contentverse over the internet is more secure than ever.

Even with onboarding, there is no one-size-fits-all.

Computhink offers customers access to the Contentverse Knowledge Center (CKC), a web-based training platform and a portal for end users and administrators to learn how to manage Contentverse and use its core features. The CKC provides various pathways made up of video courses and interactive assessments – customers get a hands-on, in-depth education. Depending on the modules selected, user level, and company needs, customers can also tailor their CKC experience to suit their setup. Your team doesn’t need to be at the office to quickly adopt Contentverse.

The Right Solution for Remote Contentverse 2020 empowers digital teams in the office, at home, abroad, and on the road. The remote solution has been around for long before working from home became the norm, and it will continue transforming business environments long after many companies return to the workplace. The remote access capabilities of web clients and mobile mean that your team doesn’t even have to transport their machines to maintain productivity.

Document security has never been stronger, complemented by features like double layer encryption, online SSL encryption, and Content Sentinel for sharing files safely outside of the organization. With so many ways to deploy Contentverse 2020, no business needs to worry about their dependency on internal technology and/or hosted environments. Whether your workforce is in the office, at home, or out to lunch, Contentverse is always right where you need it.

The 10 Best-in-Class Document Management Solution Providers, 2020

Chris Ginart

Howard Gross

Director of Operations

Founder & CEO

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Helping Organizations Manage Documents, Easily!

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t was back in 1999 when Howard Gross created eBizDocs to help other organizations improve the way they manage documents. Howard had massive experience working in records management, both as a user and consultant, and the passion to help others.

Prior to eBizDocs, he served as the Operations Manager for a Top 10 insurance company and Project Manager for a regional electronic records management firm.

According to Howard, nobody just wakes up and one day wants to go paperless.

Rather, there are driving forces behind deploying an electronic document management solution. Over the years, eBizDocs identified four core challenges influencing the decision to minimize paper.

No two organizations are the same; however, all experience and need to overcome challenges caused by paper files.

According to Howard, “eBizDocs has 20 years’ experience helping customers overcome paper centric challenges by implementing a customized document management solution that supports their business processes.”

Jason Abare Vice President

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Challenges in Paper Centric Filing Systems eBizDocs helps organizations identify and overcome four paper centric filing system challenges, which are; Ÿ Efficiency: Pulling documents from filing cabinets hour after hour presents several concerns. The first and most

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Ÿ

obvious is the time wasted each time an employee gets up to retrieve a document. Oftentimes the file room is down a hall or in another building. Employees add to the problem by making their own copies for convenience. Pulling the document is only half of the problem. It still must be refiled to the cabinet hopefully, in its proper place – where it can be found by the next person. An eBizDocs document management solution minimizes refiles, misfiles, and lost files. And, there is no need to leave your desk. Workers can instantly access, edit, and even share documents from their PC, tablet, or smartphone.

Ÿ

Compliance: Many companies are at risk of having policies go unchecked and unenforced. For paper file security, it is possible to create levels of access using a lock and key for each filing room and cabinet. However, there are many practical complications to this method.

Lost or stolen keys and temporary access become a records-management nightmare, so what most organizations are left with is either complete access or no access. eBizDocs brings access control over documents at many levels, including what documents and folders someone can see, edit, create, export, and delete. No such guarantee exists in a paper-centric filing system.

Ÿ

Compliance audits bring the stress of proving your processes are followed. eBizDocs shows businesses how to use the document management system to enforce what a person can or cannot do, and make their actions available in a report. This eliminates doubt and quickly satisfies an auditor’s inquiry.

Ÿ

Floorspace: Because paper is physical, as it multiplies, it becomes unwieldy and burdensome. Offices turn into storage rooms filled with record boxes stacked to the ceiling. Meeting areas and hallways become littered with bulky, wall-to-wall filing cabinets. Piles of paper cluttering desks mean productivity crawls at a snail’s pace. Not so with an electronic document management system. Digital documents, instead, reside on a server which takes up far less physical space and can even be located off site in the cloud.

Ÿ

Cost: Have you ever considered the cost of filling up a filing cabinet, or, making unnecessary copies so everyone can have their own document? These costs can multiply exponentially as an organization grows.

Folders, file cabinets, off site paper document storage (and retrieval), and even paperclips and staples all add up. These are just the direct costs, now add in the associated cost spent hunting for, filing, or re-creating documents.

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Evaluating Clients’ Needs eBizDocs evaluates the client’s needs and tailors its solution to achieve measurable goals. Offerings Include: Document Conversion, Business Scanners, Document Management & Capture Software, and Professional Services. Some clients are simply looking for a reliable source to purchases business scanners, parts, and annual maintenance. Other clients need to have a large archive of paper document scanned, indexed, and filed. Clients just starting to go paperless are looking for a partner to offer a complete turnkey document management solution with professional services to expedite the implementation. eBizDocs also provides peace of mind and demonstrates its ability to secure and protect customer data by fully satisfying all the requirements of a SOC2 audit.

From its customer’s perspective, eBizDocs differentiates itself on two different fronts. Ÿ Outstanding support from a team who truly listens to understand the customer’s challenges they need to solve. Ÿ Delivering value by eliminating clutter, bringing

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organization, and automating the flow of unstructured information for our customers.

The Main Driving Force Howard is the primary driving force behind eBizDocs. He is also a philanthropic trailblazer with the vision of offering employees an opportunity to show what they can do. His vision worked! New York State Industries for the Disabled, Inc. (NYSID) recognized eBizDocs as its “Corporate Partner of the Year”, citing its inclusive business culture that pairs workers, having physical and/or mental health challenges, with the right job. Howard recently received the “Corporate Citizen Award” by Best Buddies, a non-profit mentorship group, for his outstanding commitment to empowering individuals with disabilities through employment in the business community. As a featured speaker on the PBS programs “New York Now” and “The Capitol Pressroom”, Howard willingly shares his in-depth business and document management knowledge. He authored numerous articles on content management and coauthored a book on paper reduction in government

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business. He is frequently quoted as a recognized imaging and records management expert in a variety of industry publications.

Picture of the Future “We envision paperless filing and workflows replacing the desire to use paper intensive processes. This mindset evolution is inevitable through our commitment to building trust and helping customers select and apply leading paperless solutions,” Howard Gross, eBizDocs, President and CEO. Also, when it comes to work culture of the company, eBizDocs’ guiding principles are to empower and provide an environment where enthusiastic team members can reach the peak of their ability and achieve strong personal and customer satisfaction. eBizDocs 866-816-1217 info@ebizdocs.com

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The 10 Best-in-Class Document Management Solution Providers, 2020

eQuorum Corporation: Helping Businesses Grow with Industry Leading Technology

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t’s not about ideas. It’s about making ideas happen - Scott Belsky, Co-founder of Behance and a renowned business personality.

We might plan building a house alone, but to actually build the house requires many hands. Similarly, to build a business we need a team, and to make it efficient and successful in every perspective, we need to have a selected team of partners who will go that extra mile for the customers; give the necessary effort and take the business to new and redefined heights. One such company doing this is eQuorum Corporation, a Georgia-based Corporation, and a privately held technology firm that was spun out of Byers Engineering Company (as CADNET Corporation) in 1996, after operating as an independent profit center for 9 years.

In 1999, the company changed its name to eQuorum Corporation after its merger with Image Machines Corporation, a Virginia-based company. Both companies were respected in their particular markets—CADNET was well known for its productivity-boosting printing and plotting solutions, whereas Image Machines was recognized for its raster

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editing, imaging and document management solutions.

A Company’s Services Define its Present and Predicts its Future eQuorum develops, sells and supports ImageSite, a web-based document management, distribution and collaboration solution; EngineBox.com, a Cloud-based content management solution, and Plot Station, enterprise print/plot management software. The extraordinary team at the company focuses on developing highquality products using the latest technology, providing distinguishably superior customer support, and ensuring long-term relations with its customers with affordable, rock-solid software. The company sells its products through direct sales efforts and in partnership with integrators and software resellers, including Xerox Corporation in a number of countries outside the U.S. eQuorum provides Engine-Box.com, a SaaS (Software-as-a-Service) solution, that requires no software, and can be purchased with subscription-based pricing. Engine-Box.com provides a full-fledged engineering document management solution where users get easy access to a highly competitive

solution at an affordable price without needing to deploy software or maintain mobile apps.

The company has designed its solutions in a way that ensures both Engine-Box.com and ImageSite are highly secure, and is currently used by many government agencies, including NIST. It helps users store, maintain, transmit, and distribute engineering files, their intellectual property, making ImageSite one of the most secure content management solutions on the market. Because eQuorum knows IP security, it also provides full digital transformation alignment consulting as well as NIST/DFARS security assessments.

The Secret Sauce of the Company eQuorum prides itself on being exceptionally responsive to customer needs and in its ability to understand detailed requirements. The words which define the company are “Accuracy” and “Precision” and being a team of experienced engineers, eQuorum created this extraordinary software with engineers in mind. The company and employees are proud of its engineering heritage and understands the demands and necessities to stay engineers’ favorite. www.insightssuccess.com

Translating what engineers want and need into real life value is what motivates eQuorum.

Scott Brandt CEO

Translating what the engineers want and need into real life value is what keeps the team motivated at eQuorum. “That’s why we say we build software for engineers, built by engineers,” says the CEO of the company.

The lead figure Behind the Extraordinary Company Scott Brandt, the CEO at eQuorum, leverages his extensive experience in growing and selling niche-based cloud software companies. He has previously grown and sold companies including BACK Aviation Solutions, Accelarad, and Tellisense Medical. Scott has transformed eQuorum from a web-based-on-premise document management company to a Cloud-based SaaS utilizing HTML5 and WebSocket technology.

With more than three decades of rich work experience in operations and finance for growing technology and SaaS companies, Scott is leading the company towards its destined goal. His academic background includes a Bachelor’s of Science degree from Duke University and Masters of Business in Finance from Carnegie Mellon University – Tepper School of Business. Prior to eQuorum, Scott held various top-level positions, including as a principal at both Cresap (a Towers Watson company) and American Management Systems.

His vision for the company’s products includes helping customers access documents/drawings without the need for a client application, or a mobile app for mobile devices, and without the need for a local copy of JAVATM. Its subscription-based Cloud solution, Engine-Box.com provides the capabilities of a full-fledged content management system to small and medium-sized business www.insightssuccess.com

with little to no implementation requirements. The product allows corporations to keep all its key intellectual property files and everyday transactional files in a single system with a single viewer with commercial-level security and data management practices.

The Present and the Future of this Innovative Company The company's newest and progressive solution, EngineBox.com, is being expanded to integrate with several other Cloud-based applications, often used by engineering users and facility managers, including Onshape (a full Cloudbased CAD application), SAML vendors for single-sign on, and Office 365 for documents and presentation editing.

Products will eventual include viewing of additional CAD file types, including JT, Revit models, and 3D PDFs in both the on-premise and Cloud products.

While talking about the future plans of the company, Scott mentioned eQuorum is working on initiatives to integrate its premiere product, ImageSite, with corporate Internet-ofThings (IoT) networks, allowing users to monitor and find specific equipment, whether on the production floor, in the field, or based on GIS system coordinates. As part of its expansion of its Product Lifecycle Management (PLM) capabilities, eQuorum is integrating heuristic tagging and predicative analytics into its product suite to assist users in finding needed documents/drawings and in creating maintenance and retention alerts to better manage key lifecycle events associated to products and engineering changes.

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Tech Trend

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The 10 Best-in-Class Document Management Solution Providers, 2020

MereSecure : ®

Helping Organizations Exchange Information Securely

M

ereSecure® provides secure products and services to companies involved in third-party vendor management and risk management due diligence. Its XMS software tool is designed to keep track of information between clients, customers, consultants, pre-sales contacts, vendors and suppliers.

XMS helps users manage communications with any external entity efficiently through centralized data, system notifications, statistics dashboards, workflows and advanced search options. In addition, XMS can be used to transfer documents, spreadsheets, and forms to any external participant via invitation.

The Veteran Leader Markus Schmucki is the Founder, CEO & President at MereSecure® Inc. Prior to MereSecure®, Markus spent fifteen years as the co-founder of a company working with Fortune 100 financial companies. He has also served as VP Engineering, VP Product Development, VP Operations and Professional Services, as well as in the capacity of Chief Information Security Officer.

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Markus has experience in software engineering design, database design and in various information technology roles. At MereSecure®, Markus applies this background and experience directly when making decisions on product design, technology and infrastructure.

His overall strategy for the company is to build pragmatic solutions that minimize cost and reduce overall risk.

Dependence on third-parties requires discipline in knowing what exposure a company has and what tools could be implemented to manage that known risk. MereSecure®’s XMS product can immediately help by making it easier and more efficient for questionnaires or forms to be presented and documents to be collected from third parties.

Additionally, Markus volunteers at non-profits, helping them with technology decisions. He has a Bachelor of Science degree in Aerospace Engineering with a focus on “Aviation Design” from San Jose State University. He has resided in the Bay area of California for more than 28 years.

Agile Product Development MereSecure® operates with an Agile Product Development methodology.

This means identifying features to add or enhance and then delivering them in incremental updates.

The organization emphasizes on listening to feedback to drive improvements and then implement them on a universal scale. In this way, MereSecure® is always innovating and improving for the benefit of its customers.

MereSecure® is focused on marketing XMS and expanding into different industries. The organization believes the XMS portal platform is versatile enough to be widely beneficial to a range of sectors.

It is committed to creating an Information Security scenario where individuals do not have to rely on email attachment filesize limit, old technology FTP/SFTP solutions or limitations with any file repositories.

Establishing Excellence XMS was built from the ground-up, using mockup screens in Balsamiq, leveraging third party prototyping tools like Invision (App) and working with a user experience (UX)

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We believe XMS is a platform that can help you in many areas of forms and document management with external contacts. XMS can help with minimal setup with a highly scalable information delivery portal system.

Markus Schmucki Founder, CEO & President

developers/artists to set guidelines and templates.

Things like layout, button sizes and fonts were designed with an emphasis on consistency. Before MereSecure®’s software launch, the company collected feedback and implemented additional improvements. In some cases, entire features like file custom fields were delivered over a series of 2-week sprints.

To make sure that the corporate website matched up with the XMS by MereSecure® product released, MereSecure® completely redesigned the site and created specific product features and tailored industry nomenclature for its application.

Groundbreaking Products The eXchange Management System helps organizations share documents and forms between any number of external participants. Spreadsheets, questionnaire feedback forms and certification documents can easily be collected from, or distributed to, an outside audience.

XMS distinguishes itself from other file sharing platforms in several ways.

It ensures that anyone externally invited cannot see another invitee’s uploaded documents, nor see who else has been invited.

(blind carbon copy) feature but without using email to transport attachments back and forth.

XMS can also track third-party forms implemented under one exhibit. An exhibit is a user-created container of files and forms. If the user is monitoring a vendor, then they could use XMS to collect all the third and fourth party due diligence information for everyone invited to that exhibit. One can also post files and ask for others. Users can even restrict access and see when a document was downloaded, uploaded and by whom.

If a client is a SaaS company, third party or fourth party organization, or an individual, then they could use XMS to respond to requests from clients and customers to provide documentation to satisfy vendor compliance.

Also, if the client is a broker, attorney, tax agent, accountant or any professional, then they could use XMS to send forms to their clients to fill out and ask them to respond with the needed documentation.

XMS by MereSecure® can help organizations combine collection of information, workflow, file storage with a secure access portal.

This combination makes vendor management of outside documentation much simpler. It is like a modern bcc

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Knowledge Keys

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The 10 Best-in-Class Document Management Solution Providers, 2020

Noggle: Don’t Just Discover and Retrieve Your Data with Cloud, Advance it

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ffice desks are best known for onboard, unorganized, pending work files piled one over the other. Technological advancements like computer storages, internet based cloud storages have facilitated various industries with the clean and unflappable desks. It is true that computer based storage platforms assisted with a fleetness in sortation of office files, but there is still an identifiable room in simplified organization and recovering of the same. When documents are spread across hard drives, network folders, or even on a colleague’s computer, searching for the file one needs can turn out to be a real headache.

However, cloud based storages can hoard voluminous data but is rather insignificant in terms of organizing and discovering the files. Thus, it’s essential to treasure a unique storage platform that can accord with superior organizational and researching abilities. Noggle is one such document management solution which delivers a less time-consuming and more productive approach in files and document organizing.

The knowledge management solution empowers anytime working. An increasingly varied approach to working, companies’ requires digital document management software that

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can provide obligatory knowledge in a matter of minutes. Noggle promptly advances any document, anywhere in the cloud by searching documents and perceiving related knowledge, and insights about the scattered local document locations.

Unify and Simplify Data without Stressing Re-organization Noggle unifies search results across desktop locations, network file servers, and cloud storage locations.

Individuals can preview their information from anywhere, regardless of its storage location. It particularly supports popular solutions like OneDrive, Dropbox, Google Drive, SharePoint and more, and provides adaptable data.

Companies or public individuals are expected to upload their file anywhere in the cloud; the cognitive feature of Noggle finds and clusters the document automatically as per the content and its usability. Noggle simply detects the subject of the document and creates automatic virtual folders of the files (“KnowledgeMaps”), with related subjective content. The platform offers an automated knowledge library and journals (Patents, TED Talks, IEEE, and Springer) which display typographic contents.

Present research studies shows that executives spend a statistical average of 6 weeks per year searching for lost documents. This extravagance of work burns them out and turnover becomes a real risk. The company has created a secure peer network that syncs and indexes disparate location. It allows employees and teams to find and share related document libraries, and search and share new depths of content for the digital age. The simple but significant features, and truly connected culture help associates painlessly connect with the inspiring ways of working.

Noggle positions information retrieval upside-down and provides deep and profitable insights about correlated knowledge by recommending similar content in internal and external knowledge libraries. For e.g. if an individual upload a project file on a storage location which is linked with Noggle, and tries to find it after a while, Noggle will deliver a concern file as well as the analogous projects and content also. As it organizes file storage structures and place document in appropriate department, it accounts for a hassle free platform for document organizations. The organization further accelerates associates action plans in real time.

Managing Director

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We are the knowledge library for the digital age.

Stop Searching.

Start Knowing.

Get Insights.

Lars Von Thienen Founder & CEO

The Cognizance of a CEO that Facilitated with a Wow Solution An honorary commercial judge, Lars Von Thienen is the CEO and Founder of Noggle. He is an industrial engineer and business management alumnus of NORDAKADEMIE, University of Applied Sciences. During the experiential times he worked as a scientist, engineer and as a business consultant.

His insight on the impacts of the sharing-economy and the gig-economy, and about the need to access distributed knowledge quickly has improved work abilities of many emerging German companies. The resourceful knowledge of Lars rewarded him as a leader of business transformation projects in international blue-chip German DAX companies. Lars envisioned about providing an easier and efficient way of document organization, and his audacity further catered in the formation of Noggle.

Initial Struggle for Peer-to-Peer Document Management Solutions Lars mentions that “Every person I am presenting Noggle is saying ‘wow’. However, the company in he or she is working still “ticks” within centralistic storage document solutions.” The peer-to-peer based knowledge and document management solution has the power to transform the infrastructure, but concern’s interest towards conventional model has been the major challenge for Noggle. It is a hard process to turn the document management industry upside down. Most business methods and software continues to be built around the concept of

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centralized, top-down management. Thus, the solution is very effective for large-scale corporation’s system approaches as it initiates a globally connected document management silos. Lars believes that the solution is exceptional in the market and will drive the industrial growth in the near future.

Abridging Progressions of Imminent Solutions Noggle is principally focusing on inventing generous cognitive features. The features can index private photos and pictures - and Noggle calls it “Cognitive Photo Intelligence.” Noggle will auto-detect objects and people with gender and age to retrieve this information via textual search later. It even abridges similar contextual photographs which can advance the compliance of storage.

Another futuristic product of the company is the knowledge (Ro)bot of the Noggle which has been filled with many imminent features. The (Ro)bot is a personal knowledge assistant which can automatically digest the essential knowledge the owner needs day-to-day. It utilizes current work history, emails, and calendar appointments details to leverage the workability. The product is capable of retrieving and calendaring patrons’ data, and boost daily knowledge briefing. Noggle aims to ramp-up such innovations and simplify the industry with its unifying abilities.

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Rewards & Recognition A Boon to Employee Achievement 36 | July 2020

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Business Achievers

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ewards and recognition at the workplace keep the employees going. They need to know that they are valued and appreciated for their work. The employers will be the highly benefited party by doing so. It is important for companies to keep pace with the current trends in Human Resource to keep the employees satisfied.

Keeping the employees engaged is a task that every company should consider.

can make their day. The big things as well, bring them a great sense of pride, not only for themselves but for working with the company. A significant reward for a particular employee can bring more happiness than one can imagine.

Efforts Matter too

It is crucial for business growth that the employees remain engaged. According to a report by the Harvard Business Review, recognition for high performers was the key driver for employee engagement. Apart from the rewards to the business, the individuals also feel respected when they are recognized. They feel they are important to the company, and to keep that impression they perform even better than before. There are several benefits that a solid recognition program can bring to a business.

There are times when employees work hard day and night to complete their tasks or targets. Their tasks might not be big or might not lead to the end to a project, but their efforts need to be appreciated. Without hard work and efforts from each member of the team, a project cannot be completed. At times, even after so many efforts by everyone, the project can end up in drains. Success should not be the only eligibility criteria for rewards and recognition. By rewarding the efforts of employees it might even improve the company culture.

Top Driver for Engagement

Recognition from Peers

Companies that have a recognition program in place tend to keep their employees engaged. Employee recognition overwhelmingly shows positive effects on the overall employee experience. This keeps the employees motivated and the urge to do more is active. The old traditional ways of recognition like giving out watches, coffee mugs, etc. is still in picture but in a smaller quantity. The modern ways of recognition are seen as appreciation mails or letters, token of appreciation, bonus, etc.

Every project or work needs more than one person to be complete. The employees work in teams and get things done. These people are the ones who work together on a daily basis and are the best judges. The peers should be given an opportunity to nominate each other for rewards.

This way there is always a healthy competition going on, and this keeps them on their feet all the time. Peer recognitions mean a lot more than direct employer recognitions as there are emotions attached here.

From all of this we can only conclude that all companies, small, medium and big, should have rewards and recognition program. Such things not only motivate them to perform well and give their best, it also gives them an objective to reach. The culture and environment of the workplace proves to be healthy with such schemes in place.

Increase in Productivity The employees feel valued when their work is recognized.

This leads to increase in productivity. When they are unhappy about their workplace or working conditions, they tend to waste time and not work whole-heartedly.

Workplace recognition also curbs the wastage of resources and increases the productivity of the business. The feeling of being noticed and supported is a driving factor for everyone.

A Merry Workplace Happy employees make a happy workplace, and a happy workplace brings out happier results. Appreciating the small things that employees do brings a smile on their face and

www.insightssuccess.com

July 2020

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