[IMGCAP(1)]Corporate America is at a tipping point. According to an IDC report, the digital universe is doubling in size every two years and will reach 44 trillion gigabytes by 2020. Simultaneously, according to the Information Economics Assessment Kit published by CGOC (the Compliance, Governance and Oversight Council), while the value of aging data decreases rapidly over time, the cost to manage it remains constant, creating an ever-increasing expense.
Meanwhile, with flat or shrinking budgets, IT is often scrambling to cut operational and capital costs wherever possible. The most effective way to control these costs is controlling the growth of data that requires storage by automatically disposing of “data debris” in a legally defensible way. By putting reliable processes and technology in place to achieve this, companies can set a goal to delete as much old data as is being newly added in order to achieve zero or even negative long-term growth rates.
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