Lower risk and cost with proactive information governance [OG Partner]
HP Information Governance Solutions
Information governance: the new business imperative
While most business leaders now recognize the importance of their business data, few have taken adequate steps to properly manage it. Information governance has been a business topic for well over 30 years, yet the state of the art has moved very little over this time frame. Most governance processes still reflect old approaches for managing physical records or documents, which in prior years formed the basis for managing a business.
While these legacy governance processes were once adequate, if not ideal, they are woefully inadequate for today’s business needs. Most organizations now find themselves attempting to manage their most valuable asset with their most outdated processes, procedures, and technologies.
The governance infrastructure is crumbling under the strain of relentless data growth at precisely the time when such governance is critical for a business’ success. We need a different approach to information management, and time is at a premium.
A perfect storm of information
It’s no accident that information governance is moving to the forefront of today’s business initiatives. Organizations are dealing with the simultaneous interaction of explosive data growth, dramatically increased legal and regulatory oversight, and the need to act upon data with ever-increasing speed and insight. Balancing these requirements requires an entirely new way of operating.
Attempting to manage information assets manually with direct human oversight and intervention is no longer just inefficient, it is operationally impossible. Millions or billions of documents, emails, text messages, videos and other files move through hundreds or thousands of systems, accessed by thousands or millions of users. The complexity of today’s information landscape is such that direct intervention by people is no longer rational. Rather, organizations must manage their information environments with the same technologies that are contributing to their growth in scale, speed, and complexity.