Why IT Must Pursue an Information Governance Plan

By Dennis McCafferty  |  Posted 05-25-2016 Email

The majority of IT executives said their organization is either implementing a formal information governance (IG) program or is planning to do so, according to a recent survey from Veritas. The resulting "State of Information Governance" report defines IG as "the activities and technologies that organizations employ to maximize the value of their information while minimizing associated risks and costs." To support this, the research reveals that most companies are issuing formal data use policies and requiring employees to identify data that is confidential. They're also training staffers on data storage and archiving. In addition, findings break down organizations into those which are "high performing" on IG, and those which are not. While overall adoption rates among both are strong, high performers are more likely to deploy email and file archiving, while issuing formal use policies. "Information is both the lifeblood and the bane of any business, no matter its size, industry or location," according to the report. "Enterprises collect and analyze data from a myriad of internal and external sources to improve business efficiencies and decision-making processes. Yet these volumes of data grow larger and more difficult to manage and control every year … Organizations that implement and follow an effective information governance program are much better able to mitigate risk, demonstrate regulatory compliance and protect and control their information than those that do not." IT execs representing more than 480 organizations in the U.S. and U.K. took part in the research, which was conducted by Ipsos Research.

Dennis McCafferty is a freelance writer for Baseline Magazine.


Submit a Comment

Loading Comments...
Manage your Newsletters: Login Register