Creative teams often struggle with the daunting task of trying to manage many moving parts to create a project or campaign on time and under budget. According to a study by Wellingtone, only 29% of projects are completed on time and only 43% are completed within their original budget.
Digital asset management (DAM) platforms have attempted to help in this process by serving as a centralized hub for all assets. However, managing creative assets is just one aspect of the equation. Teams also grapple with managing budgets, timelines, tasks, asset creation, revisions, reviews, rights clearance, distribution and more. If video is involved, another layer of complexity arises with the need for a media asset management (MAM) tool. This results in a disjointed array of tools, akin to a Rube Goldberg machine—an over-engineered device that performs a simple task through a complex chain reaction of actions and mechanisms—cobbled together to try and achieve the desired outcome.
Challenges of a Rube Goldberg-type Approach
A significant hurdle in content creation is the constant shifting between various platforms and tools, leading to project delays as teams struggle with fragmented focus and daunting, time-consuming processes. Research from the Project Management Institute (PMI) reveals that poor project management, including task-switching, incurs significant financial losses for companies. The Orange Logic Intelligent DAM platform mitigates these losses by offering a unified system for the entire content lifecycle of your content. Serving as a central hub, an intelligent DAM can facilitate seamless planning, collaboration and review, as well as task management, workflow and efficiencies in content creation though AI to help manage all your digital assets.
What is intelligent DAM?
An Intelligent DAM, like Orange Logic, provide teams with one comprehensive platform that includes: DAM, MAM, MRM, DRM, selects, approvals, and more, all wrapped in a composable UI which utilizes AI at every turn, allowing teams to focus on their project outcomes, rather then trying to develop and document complex process between a variety of tools that all require separate subscription costs and management.
The Role of Marketing Resource Management (MRM)
MRM is the compass that guides content creation endeavors, ensuring alignment across timelines, tools, as well as personnel and budgetary resources. Integrated within a DAM, MRM empowers teams with:
Streamlining Task Management
Task management is the backbone of project execution, ensuring that each step is completed efficiently and on schedule. In the Intelligent DAM platform, task management features:
Unified DAM and MAM
Integrating Media Asset Management (MAM) functionality into a Digital Asset Management (DAM) platform, like Orange Logic, revolutionizes content creation and approval workflows, establishing a unified hub for all creative assets. Additionally, this integration optimizes return on investment by reducing costs associated with redundant systems and maintenance. Ultimately, a unified DAM-MAM solution empowers organizations to:
Talent and Digital Rights Management
Managing talent and digital rights for marketing campaigns is a complex undertaking that demands meticulous attention to detail. An Intelligent DAM platform simplifies this process with:
Efficient Publishing and Distribution
An Intelligent DAM platform streamlines the publishing and distribution process, ensuring that content reaches the right audience at the right time. Key features include:
Creative Tools for Enhanced Productivity:
Streamlining the editing of creative assets in a variety of tools ensures quick turnaround times for review and approval.
Advanced Reporting for Intelligent Insights:
The ability to harness data through advanced, intelligent reporting within a Digital Asset Management (DAM) system is crucial for optimizing asset management and maximizing their value. Intelligent reporting not only provides data-driven insights but also ensures compliance, enhances workflows, and supports strategic planning. Here are the key benefits of incorporating advanced reporting capabilities into your DAM system:
In conclusion, intelligent DAM platforms, like Orange Logic, transcends traditional digital asset management tools, serving as robust solutions for streamlining content creation workflows and accelerating time to market. By unifying teams, simplifying talent rights management, unlocking the potential of brand archives, and providing creative tools, these platforms empower organizations to produce high-quality content rapidly, staying ahead in today's competitive landscape.