on: April 10, 2017, by: Smartlogic
Whether you’re in Financial Services, Energy, Publishing, Life Sciences or Healthcare, the ability to effectively identify, manage and distribute enterprise information throughout its life cycle is key to managing risk, increasing efficiency and deriving value from information. IDC predicts the amount of information will increase tenfold from 4.4 to 40 zettabytes (ZB) by the year 2020. To put this into perspective, a zettabyte – 1 followed by 21 zeros – is equivalent to the storage capacity of approximately 250 billion DVDs.
The cornerstone to a solid information strategy is the ability to retain the information you need, discard what you don’t and provide all stakeholders within the enterprise the information they require. Knowing what information exists in the enterprise is key to protecting intellectual property and minimizing exposure to risk. There are however, issues:
The volume of information is increasing at extremely high velocities and new information formats and types are emerging every day. And while this isn’t new, many organizations still have not managed to transform this information into actionable intelligence that can be used within the enterprise.
Accurately evaluating information assets to identify valuable versus redundant, outdated and trivial information and applying the appropriate, metadata, retention policy and security markers is difficult, if not impossible, to do without automation.
Organizations are ill-equipped to deal with this challenge in terms of organizational structure, policy and process.
Smartlogic understands the need for effective and transparent information strategies. Semaphore, our sophisticated semantic platform, enriches information assets with metadata and enables information audit and statistical reporting, analytics, and workflow processing.
Download the case study to learn how Semaphore can help you audit, migrate and manage information
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