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Technology Stocks : DOCS - A TURNAROUND PLAY -- Ignore unavailable to you. Want to Upgrade?


To: Michael Pascoe who wrote (645)8/28/1998 12:04:00 AM
From: Michael Watkins  Read Replies (1) | Respond to of 1156
 
Michael,

There's lots of places where DM (use FileNET's term, IDM) can produce truly outstanding returns.

A client of ours I can't name is getting 1M+ per annum return on a 500K initial investment.

DM + Work Management can equal some impressive returns.



To: Michael Pascoe who wrote (645)8/28/1998 1:03:00 AM
From: waitwatchwander  Read Replies (1) | Respond to of 1156
 
Hi Michael, Isn't mission critical just a term that's synonymous with any true line of business application? If this is the case, then DM on it's own is never mission critical. However, implemented to manage ... say patient records for a rural physician or ... organize the plans and contracts for the building of my new cottage or ... the storage of my sons report cards, it may well be very critical to the mission. If Michael had implemented such a system at my son's previous school, maybe his grade 3 teacher would of known that his previous teachers had had a wee bit of trouble teaching him how to read. Geez, then I would still be working and there would be no one searching out and perplexing that strange imanage stuff.

I guess what I'm trying to say, is that DM, on it's own, is just technology, but in the hands of someone like Michael, or possibly yourself, it can easily become technology of action. Of course, it must be *aligned* with a business mission. As I have heard Michael and the Docs folks continuously harp, it's all dependant on the implementers ability to make it part of the game. This is the one important thing that I have learned from all my time spent here.

Sorry about all that imanage stuff. It just keeps popping up at the darndest (sp?) of times and places. Now that I've been educated as to it's purpose in life, I'll just leave it wherever I find it.

nf

PS Doesn't Msft already play in the tools for the Action Alignment Game with all their partnering, certification and such programs? Other than different refinements, isn't it the same as the Docs game, but starting from a different location. I don't know who wins this game, but raw experience and focus is a big advantage. It's that "I now know 99 things that don't work" thingee.

Execution, execution, execution. That's what I want to learn about. nf

PSS I'd venture to say that a high proportion of the Docs installed legal DM may quite likely not yet be mission critical. And maybe, just maybe, that's why those ifolks see opportunity in the bewildered.

PSSS Do you know anything about records management? IMM, this goes hand and hand with DM. Can't have one without the other.