IT Management Slideshow: IT Dream Team on Data Management
By Dennis McCafferty | Posted 05-10-2010IT Dream Team on Data Management
1.8 zettabytes of digital information that will be created by 2011, according to IDC/EMC.
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1.8 zettabytes is 129 million times more information than in all the books listed in the Library of Congress.
18 months:
time it takes for all the information in the digital universe to double.
$32.1 billion
Amount companies are spending on corporate governance, risk management, compliance.
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85% of unstructured information within an organization goes unmanaged—with no policies to retain, protect or handle it.
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38% of organizations have a formal, enterprise-wide information governance strategy in place.
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68% of those surveyed believe information governance will grow more complex over next three years.
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80% of business leaders make major decisions with missing, untrusted information.
Dream Team recommendation:
enterprises need a Chief Information Architect to maximize value and re-use of information via long-term planning.
Dream Team recommendation:
Better policy to define and institute how enterprise-wide information is kept, shared, used.
Dream Team recommendation:
Be inclusive, solicit input from legal, audit, finance and other key business units.
Dream Team Credo:
The "Three Cs" of Success are Communication, Collaboration, Convergence
Dream Team recommendation:
Elevate information architecture over tech architecture.
Dream Team recommendation:
Don't fine-tune data for specific apps, align it with solutions to maximize info value through access, re-use.
Dream Team Maxim:
Keep It Simple
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Solutions should value ease-of-use over feature overload.
