Data Industry Predictions for 2023

Believe it or not, a new year is just around the corner. Now is the perfect time to check out some data industry predictions for 2023 and see if your document management solution is up to par.

Adaptive AI

Shocked businessperson with hand on mouth is looking into laptop, blue foreground with hologram glowing information security and padlock icons. for data industry

Artificial intelligence, or AI, is certainly nothing new, but adaptive AI will continue to trend in 2023. Adaptive AI changes its learning dynamically and adjusts its goals based on real-time feedback. This ability means it can adjust based on current needs making it more accurate, fast, and secure. Gartner predicts AI will replace external intermediaries by 2026 through automated trust metrics, reducing risks by 50%.

Gartner also found that 41% of organizations had experienced an AI privacy breach or security incident in the U.S., U.K., and Germany, but this doesn’t have to be a concern for you. With M-Files intelligent search, sensitive information can be scanned and flagged. In addition, it can protect that information from unauthorized requests, keeping hackers and data thieves at bay.

M-Files automatically tags and categorizes documents using AI, which makes it easier to locate the documents when needed. Adaptive AI takes it a step further. If you don’t know how to tag or classify a document properly, the automatic intelligence in M-Files can give prompts to input the needed tags and classification.

Industry Cloud Platforms

Another up-and-coming trend is industry cloud platforms. With industry cloud platforms, you can combine software, platform, and infrastructure as a service (IaaS) with tailored, industry-specific functions to respond more easily to disruptions.

By integrating cloud services that are traditionally purchased separately into pre-integrated, customizable industry-relevant solutions, these platforms create value for businesses. As a result, they enhance organizational agility, speed innovation, and reduce time to value.

You get a flexible cloud service with M-Files that is expandable to meet your needs now and in the future. It is reliable, scalable, and secure. More importantly, it can be customized to fit the unique needs of your business. Modern cloud technology allows you to customize your vaults according to your business requirements easily.

M-Files Is Ahead of the Game

The future is bright for document management, and M-Files is ahead of the trends. Isn’t it time you looked at how M-Files can future-proof your business? Contact us today to schedule your free demo. With over 40 years of experience, we can help you grow your business.