2 . Dark Data The International Data Corporation estimates that as much as 80 % of customer data is ‘ garbage ’. As such , millions of dollars are wasted each year on
3 . Hidden cost of storage With the cost of rental space expected to increase in 2017 and digital storage continuing to drop , it is not unsurprising that more companies are expected to move from paper storage to digital storage in a bid to save space and money .
4 . Global data handling Impending Brexit has given the United Kingdom a chance to become the de facto standard in in-
Top Five Information Management
are in danger of becoming obsolete in the future ? There have already been warnings that material written in Word Perfect will soon be impossible to access – and that is just the tip of the iceberg .
Technology moves so fast and operating systems are updated so often that preserving information for the future and ensuring it can be read in 10 or 20 years ’ time is a logistical challenge .
With such vast amounts of corporate information needing to be saved for legal and legacy reasons , we are seeing more companies utilizing cloud services to keep it . This is a cheap and effective short-term solution but poses a real threat in the long-term as , in reality , that content is still at risk of becoming obsolete within 10 years as hardware , operating systems , programs and file formats rapidly develop .
2 . Dark Data The International Data Corporation estimates that as much as 80 % of customer data is ‘ garbage ’. As such , millions of dollars are wasted each year on
Issues of 2017
12 storage and countless opportunities are being missed as information hidden in dark data . This information could inspire new products or services in the future or at least provide some useful insights . In the New Year , more companies will wake up to the importance of unlocking this value and of understanding its risks . Or most importantly , not ignoring the fact it is there .
3 . Hidden cost of storage With the cost of rental space expected to increase in 2017 and digital storage continuing to drop , it is not unsurprising that more companies are expected to move from paper storage to digital storage in a bid to save space and money .
However , unlike paper , digital storage is continually being improved and updated . This means the information must be updated too so that it remains compatible with new software . If it isn ’ t , the price to retrieve it could prove costly in the future .
4 . Global data handling Impending Brexit has given the United Kingdom a chance to become the de facto standard in in-