The amount of data stored on electronic systems today is exploding and growing at an exponential rate. Data breaches, privacy concerns, and growing e-discovery costs continue to evolve how organizations approach controlling their business data while balancing worker productivity. Aged or poor data hygiene can further increase organizational inefficiencies, in aggregate costing billions annually.
35% of organizations believe the volume of information and data coming into their organizations will grow more than 5-fold in just the next two years; on average, organizations believe the volume of information will grow from X to 4.2X. This explosive growth translates into a rising ride of chaos. 75% of organizations see information chaos as a major problem for their organization.
In a digital world, Information-related risk runs throughout most organizations. Information security is at the list of concerns (80% are “concerned” or “extremely concerned”). 46% of organizations have suffered some sort of breach in the past 18 months, generating significant reputational damage for those experiencing these breaches. 43% of organizations see the information security and governance problem as “impossible” or “very difficult” to automate, creating competitive advantage for those organizations that can solve this riddle.
How to shift the “governance” conversation to higher ground.
Understanding the unique challenges posed by “unstructured” information and content.
Putting “retention management” and “disposition management” on an equal footing with “records management.”
Focusing on “end-point” exposure.
Integrating policies with technology.
About John F. Mancini
John Mancini is the Chief Evangelist and Past President of AIIM. He is a well-known author and speaker on information management, digital transformation and intelligent automation. John is a frequent keynote speaker and author of more than 30 eBooks on a variety of topics. He can be found on Twitter, LinkedIn and Facebook as jmancini77.