Data explosion + Sprawl + Stringent regulations = CHAOS
Electronically stored information is not just growing, it is increasing exponentially. In fact, the world’s electronically stored data is doubling every two years.
Today, 80% of data is unstructured (Word docs, Excel spreadsheets, etc.). Compounding the problem is sprawl –data stored in a variety of disparate ESI silos. To make it even worse, approximately 70 percent of data is duplicate and hasn't been accessed in over 90 days.
The costs of storing, protecting, managing and discovering electronic information has also grown dramatically. Controlling this data represents one of the best returns on investment for most organisations.