{"id":10437,"date":"2020-12-18T07:00:00","date_gmt":"2020-12-18T15:00:00","guid":{"rendered":"https:\/\/formtek.com\/blog\/?p=10437"},"modified":"2020-09-21T07:45:01","modified_gmt":"2020-09-21T15:45:01","slug":"data-management-there-is-still-a-lot-of-room-for-improvement","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/data-management-there-is-still-a-lot-of-room-for-improvement\/","title":{"rendered":"Data Management: There is Still a Lot of Room for Improvement"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">While data may be <a href=\"https:\/\/www.wired.com\/insights\/2014\/07\/data-new-oil-digital-economy\/\" data-type=\"URL\" data-id=\"https:\/\/www.wired.com\/insights\/2014\/07\/data-new-oil-digital-economy\/\">&#8220;the new oil&#8221; for the economy<\/a>, many businesses haven woken up to that reality yet.  <a href=\"https:\/\/www.businesswire.com\/news\/home\/20200715005130\/en\/Seagate%E2%80%99s-%E2%80%98Rethink-Data%E2%80%99-Report-Reveals-That-68-of-Data-Available-to-Businesses-Goes-Unleveraged\" data-type=\"URL\" data-id=\"https:\/\/www.businesswire.com\/news\/home\/20200715005130\/en\/Seagate%E2%80%99s-%E2%80%98Rethink-Data%E2%80%99-Report-Reveals-That-68-of-Data-Available-to-Businesses-Goes-Unleveraged\">A study by IDC<\/a> found that 68 percent of business data is never leveraged in any way.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.seagate.com\/our-story\/dave-mosley\/\" data-type=\"URL\" data-id=\"https:\/\/www.seagate.com\/our-story\/dave-mosley\/\">Dave Mosley<\/a>, Seagate CEO, <a href=\"https:\/\/www.businesswire.com\/news\/home\/20200715005130\/en\/Seagate%E2%80%99s-%E2%80%98Rethink-Data%E2%80%99-Report-Reveals-That-68-of-Data-Available-to-Businesses-Goes-Unleveraged\" data-type=\"URL\" data-id=\"https:\/\/www.businesswire.com\/news\/home\/20200715005130\/en\/Seagate%E2%80%99s-%E2%80%98Rethink-Data%E2%80%99-Report-Reveals-That-68-of-Data-Available-to-Businesses-Goes-Unleveraged\">said that<\/a> &#8220;winning businesses must have strong mass data operations. The value that a company derives from data directly affects its success.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Reasons why businesses often don&#8217;t fully utilize their data include:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>unclear of how to make the data usable<\/li><li>problems with managing and storing the data<\/li><li>data isn&#8217;t saved<\/li><li>data isn&#8217;t secured<\/li><li>data is siloed and not easily accessible<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"798\" height=\"523\" src=\"https:\/\/formtek.com\/blog\/wp-content\/uploads\/2020\/09\/image-6.png\" alt=\"\" class=\"wp-image-10438\" srcset=\"https:\/\/formtek.com\/blog\/wp-content\/uploads\/2020\/09\/image-6.png 798w, https:\/\/formtek.com\/blog\/wp-content\/uploads\/2020\/09\/image-6-300x197.png 300w, https:\/\/formtek.com\/blog\/wp-content\/uploads\/2020\/09\/image-6-768x503.png 768w\" sizes=\"auto, (max-width: 798px) 100vw, 798px\" \/><figcaption><a href=\"Source: Jessie Barrangton; 5 Reasons Why Data Management is Important to Any Organization\" data-type=\"URL\" data-id=\"Source: Jessie Barrangton; 5 Reasons Why Data Management is Important to Any Organization\">Source: Jessie Barrangton; 5 Reasons Why Data Management is Important to Any Organization<\/a><\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Data management is important to organizations because it can increase productivity, minimize security risks, minimize data loss, enable regulatory compliance, and improve data quality.<\/p>\n<div class=\"lightsocial_container\"><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/digg.com\/submit?url=https%3A%2F%2Fformtek.com%2Fblog%2Fdata-management-there-is-still-a-lot-of-room-for-improvement%2F&amp;title=\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/digg.png\" 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Dave Mosley, Seagate CEO,<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/formtek.com\/blog\/data-management-there-is-still-a-lot-of-room-for-improvement\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41],"tags":[],"class_list":["post-10437","post","type-post","status-publish","format-standard","hentry","category-data-management"],"_links":{"self":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/10437","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/comments?post=10437"}],"version-history":[{"count":1,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/10437\/revisions"}],"predecessor-version":[{"id":10439,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/10437\/revisions\/10439"}],"wp:attachment":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/media?parent=10437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/categories?post=10437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/tags?post=10437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}