Mobility, cloud and big data all promise to help enterprises increase efficiency and productivity, improve decision-making and lower costs. The laudable goal is to make your business more competitive, but for your IT, legal and compliance teams, these new technologies often lead to increased complexity, loss of control and even increased costs as massive amounts of data now move to an ever-increasing number of endpoints, including mobile devices and third-party hosting services. These challenges can be overcome with a new approach to standardizing information metadata.
If IT doesn’t fully understand what data exists and where various types of information are located, then it can’t ensure that the right people have the right access at the right time, and it certainly can’t adequately secure the data against breaches and theft, or delete private information as required by new privacy laws. E-discovery costs can skyrocket as the amount of data that needs to be collected increases. Even business users can suffer as the information they need for daily activities and the data they want to use for big data analytics become harder to find and control, leading to lower productivity and redundant effort, while undercutting the hoped-for improvements in decision-making.
To maintain control over their burgeoning data stores, organizations need to develop insight across all data, no matter who creates it, where it lives, and with whom it’s shared. Unfortunately, most companies see this as a hugely expensive and disruptive challenge. However, there is actually a very simple and cost-effective way of doing this, as long as you’re willing to do it over time — which is still far better than not doing it at all.
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