Is your unstructured data hiding insights, risks?
Our president and co-founder, John Joseph, recently caught up with a DataGravity customer who works in litigation support services, managing digital content for some big-name organizations. He heard how litigation support comes with significant challenges in applying e-discovery techniques, as data sets have become even more massive. Attorneys and their teams need relevant information quickly, meaning they need to qualify and disqualify information with a new level of automation. Classifying and searching this information quickly is a key requirement for early case assessment and ongoing preparation. The last decade or so has seen a significant shift in legal IT, with intelligence systems advancing quickly to support attorneys’ evolving demands.
This is hardly the only industry that’s identified a need to gain better visibility into data. Companies need to know precisely what’s in their data to define and defend against risks, but they also need to identify key insights about business operations that can make their companies stronger.
Is your unstructured data putting you at risk?
Compliance regulations, risks of third-party intrusions and breaches caused by human errors are common concerns across just about every industry. A text document buried in a public data store may contain Social Security numbers, or another staff member may have downloaded a few seasons worth of his favorite TV show to a corporate file share. These instances have negative effects on the companies for different reasons – whether it’s the potential of exposing sensitive employee information if the system suffered an attack, or the company paying to store and protect exorbitant amounts of non-business-related data.
Almost daily we hear of data breaches at major retail chains, healthcare providers and other companies. Each of these instances brings on possible sanctions for regulatory violations, as well as major reputation hits. Becoming data-aware isn’t going to eliminate risks. However, it keeps IT administrators ahead of the threat and puts them in control of their unstructured data.
What insights are buried in your data stores?
As John wrote on LinkedIn, in listening to the legal sector customer, he was fascinated to hear of some of the other ways becoming data-aware has helped his organization. And this customer is not alone – when companies gain a better handle on sensitive data, they identify insights that improve their bottom line. Knowing, for example, which employees worked on a specific project can help a leader assemble a new team on a related topic. Navigating through vast information stores by key concepts or document attributes can help researchers assemble relevant existing knowledge to accelerate a new research project. These are both examples of information that can improve operations and help businesses achieve their strategic goals. Data-awareness is a critical way to improve security and manage risks, but it also empowers companies to use their data to its full potential.
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