Optimizing Digital Asset Management

Reblog from Business Management
E-Magazine

In an exclusive interview the IDC’s Melissa Webster talks to Business Management about the increasing emergence of digital asset management and the potential for the future of the sector.

“Increasingly what we see is companies wanting to design media and career assets that can be used online and in print, digital asset management can play an important role along that repository”
-Melissa Webster, IDC

Perhaps you could give us an indication of the types of challenges enterprises face when managing their digital assets?
Melissa Webster. First of all it’s a really fragmented market, mainly because there are so many different use cases. For example, if you are talking about the enterprise, typically the needs of the enterprise are revolving around management and marketing and you need to manage a library or repository of assets, which can be shared for worldwide marketing programs and that can be taken and reused by regional or local groups when they kick off their own campaigns. The assets can be marketing collateral, designed for print, web or radio, or they could be brand materials such as logos.

So, depending on what your business is, if you are a large brand manufacturer or consumer goods manufacturer, you are going to have a tremendous amount of content – some of it will be product photos, some of it will be rich media, such as video, audio or multimedia. You need to have expert metadata about your assets so that you can serve up the appropriate version to the right person, in context. Of course the digital asset management (DAM) system also provides the security, authorization and control over who actually says what. That’s part of the equation and it has worked for us for interesting assets and cataloguing them, but also when people use them and implement things like notification and approval workflows and so forth.

How does digital asset management refer to enterprise content management? Are the to related? Do they have unique functions and features?
MW. The difference really lies in the unique workflows, which need to be extremely specific in the case of digital asset management. The digital asset management system hopefully takes apart the asset into its component parts and storing these as separate assets in order that they can be reused in other creative ways without being redundant and then putting those assets back together when need be.

A digital asset management system can be used to help with problems around logo changing. For example, if I need to change the logo in 2000 brochures in 75 places than you can change the logo in one place and reflect that change throughout your current set of print brochures and on to websites. There is this notion that were used and the extensive linking of assets to each other, and we can call that level. There is the unique workforce for the creative process, which is a little different from what we do on the enterprise national side.

Do you see digital asset management as a subset of an enterprise content management system or something completely separate? Is it within an enterprise content management (ECM) solution or is it something that companies will be looking to purchase separately?
MW. That depends on the requirements. Certainly the enterprise content management vendors have for some time offered digital asset management systems. However, there is still a place for DAM solutions, even in organizations that have these ECM offerings from the top ECM vendors if your requirements are specialized. If you are a large print publisher, for example, it may be that your enterprise content management vendors digital asset management solution does not deal well in designed documents and doesn’t manage those components. If you are doing a lot of print publishing, perhaps you need to buy a DAM that is tailored to managing that kind of content because you need to manage the component level so that you can print different renditions or need to dynamically resize things for the web.

How does the increasing digitization of many different types of content and information add to this challenge?
MW. Well, on the one hand we have this tremendous explosion of digital content and that is the case inside the enterprise as well as on the consumer side – we all take more photos with our digital cameras for example. There is a huge distortion of digital content and one of the things that happens is that because everything is digital it is relatively cheap and everybody keeps everything.

On the flipside, having digital makes it so much easier to catalogue, find and search. You can immediately call information based on a search, watch a preview and verify that that is the asset you want, which makes life so much easier. The other thing that is so great about the digital world is that it is easy to create variance of that asset, it just takes a little code, whether that is a transcoding video or audio or whether you are taking a brochure apart and putting it back together in a new way with new ingredients. It is so easy to take, edit and revise different assets.

One of the things we are talking about in this issue is the idea of managing the customer experience across different platforms and channels. What role does DAM play in helping manage that customer experience for companies?
MW. The digital asset management system is a source of direct images, video, audio, the rich media and multimedia formats assets. It might be used in the context on a website with mass logos and text or the applications to enable transaction on that website and other commerce. The DAM is managing ingredients for that process. Increasingly what we see if companies wanting to design media and career assets that can be used be online and in print, so the digital asset management system can play an important role along that repository and surface the right assets for the right publishing point, although they it is not itself providing the web publishing capabilities, that is the job of the web content management system.

Where do you see the market heading next? Is there a major trend that you think will have a big impact on this particular sector?
MW. I certainly think that the trend seems to tightly connect the digital asset management system and the web content management system as an important trend. Increasingly among smaller web content management vendors are integrations with DAM systems and I believe we are going to see that more and more between the web publishing side and the digital asset management side.

We are seeing grand management applications on top of digital asst management systems to provide some of the out-of-the-box workflows that the marketing department needs, either to work internally across a large globally distributed marketing organization or to facilitate collaboration with their advertising and interactive agencies and stakeholders to help in their marketing.

Types of DAM
There are several broad categories of digital asset management systems, including:

• Brand asset management systems: With a focus on facilitation of content re-use within large organizations, here the content is largely marketing or sales related. For example, product imagery, logos, marketing collateral or fonts
• Library asset management systems: With a focus on storage and retrieval of large amounts of infrequently changing media assets. For example, video or photo archiving
• Production asset management systems: With a focus on storage, organization and revision control of frequently changing digital assets. For example, digital media production
• Digital supply chain services: With a focus on pushing digital content out to digital retailers. For example, music, videos and games