In an article published in The Times newspaper on June 23rd 2009, Tony Dawe reported on how businesses can emerge from the recession in good shape to face the future. Some key exacts from this article include:

"Consolidation, collaboration and increased efficiencies in IT will be the keys to shaping the future for businesses, especially those in the financial services industry. In a sector that has grown through acquisitions and mergers, the survivors have been left with a legacy of disparate systems, applications and infrastructure."

"The institutions had wanted to control IT and communications themselves even if that involved massive staff costs and, driven by growth, they paid little attention to IT managers’ concerns about “network architecture”. So when things started to go wrong they were positioned badly, with processes and risk management systems insufficient to make informed decisions."

“They need integration of systems, processes and infrastructure to get the right level of information in a timely and consistent manner to be informed and make controlled decisions,”

Real-world issues which have been made even more apparant by the current recession. Issues which can be resolved through an Enterprise Content Management strategy delivered by Neocol.

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