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Information Overload: The Data Management Challenge
Organizations are increasingly finding data management to be one of their major pain points. InfoRiskAwareness, a consortium of companies primarily based in the UK and involved with the problems of data and information management (Open Text and Recommind being two of the largest members), released the results of their survey of data management practices in organizations.
The report found that email continues to drain on worker productivity.
- 36 percent of organizations say that email overload is their biggest data management problem
- 28 percent say that document and content management is their biggest issue
- 15 percent cite information access controls
- 13 percent point to compliance issues that they must deal with
- 8 percent say that social media is an area that causes them headaches
Interestingly, while this is the breakdown where data management problems are perceived, budget allocations and spending are a different matter.
- 43 percent of data management budget is being spent on document management, content management, and enterprise search
- 30 percent is spend on regulatory compliance
- 16 percent is being spent on email
- 11 percent is spent on social media
The data management areas where organizations feel that they are most at risk are as follows:
- 83 percent worry about fraud and data breaches
- 46 percent worry about compliance and regulatory investigations
- 35 percent worry about cloud and hosted data
- 28 percent worry about social media
