Information volume is growing by 50% annually of which 80% is not structured data
90% of unstructured information is not subject to management at corporate level
Business environments and information technology change rapidly
This means a huge potential increase in legal and audit fees due to escalating compliance and regulatory requirements
Relentless change is driven by the need to improve business operations efficiency and escalating compliance / regulatory requirements.
Critical information is lost, compromised or unused.
Business functions are jeopardised, profits down and growth restrained because decision makers are often provided with information that is not a true reflection of the organisation’s status.