THE INFORMATION INVOICE: WHAT YOUR “FREE” STORAGE IS REALLY COSTING YOU

[vc_row][vc_column width=”1/1″][vc_column_text]Information is the commodity of our era. Often, as is the case with many commodities, there is a tendency to think that having more of a “good thing” is better. In part, this view of information is being driven by the promise of big data and the potential for new analytical tools to extract profound insights from our “data mines” already chock-full of information. While the promise is very real and the potential is thrilling, there is another side to information—the side of complexity and risk. Both sides of the information equation must be addressed. Hidden in your repositories of information is likely a mixture of junk (outdated, duplicate, or information of no business value), risky documents (information whose content or even misplacement creates hazards), and documents of true business value.

Unstructured information, in particular, poses additional challenges. The volume of unstructured information, for example, is growing faster than most organizations’ abilities to handle it, making it hard for these same organizations to generate any real value from it. Further, in order to manage and monetize our information better—and importantly, to make the business case for any information-related decisions—we need to know what our information is really costing us. Our paper, What Does Your Information Really Cost? (And Why You Need to Know Now), is designed to help organizations think about the true costs of owning their unstructured information so that they can make better decisions about it. The publication, supported by IGI Charter Supporter, Nuix, is part of our ongoing series of publications exploring issues, strategies, and techniques for information governance. Log in through our community site to download your copy.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/1″][button title=”DOWNLOAD” type=”linkbutton” color=”blue-lite” align=”aligncenter” target=”_blank” url=”http://iginitiative.com/reports/information-really-cost/”][vc_column_text] [/vc_column_text][vc_column_text] [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/1″][vc_column_text]This Thursday, February 19, 2015 at 1:00 PM EST the IGI and Nuix will hold a virtual hangout as part of Global Information Governance Day, on this topic. During the hangout, the second event in the IGI Virtual Events series, we will:

  • Consider the unique challenges of unstructured data and its growth.
  • Analyze the factors that drive the cost of ownership of unstructured information and what can increase or decrease those costs.
  • Discuss how you can get started with your organization’s information by first gathering information and then mapping out a strategy to address it.

Save the date, and register for the event.[/vc_column_text][/vc_column][/vc_row]