Express Computer
Home  »  News  »  About 41% of of all corporate data is stale: Study

About 41% of of all corporate data is stale: Study

0 453

In its inaugural Data Genomics Index Veritas Technologies, released a real-time view of today’s corporate data, which revealed that over 40% of files have remained untouched for three years, creating an opportunity for businesses to positively impact their bottom line costs.

In its inaugural Data Genomics Index Veritas Technologies, released a real-time view of today’s corporate data, which revealed that over 40% of files have remained untouched for three years, creating an opportunity for businesses to positively impact their bottom line costs.

The Data Genomics Index is the first report to provide accurate insights into today’s enterprise data environment and act as a comparison standard, the company claims.

Key findings from the report include:

Developers Dominate and Presentations Have Had Their Day

The Index revealed that, images, developer files and compressed files take up almost one third of the total environment. Developer files from a file count perspective are a massive 20% of the total number.

We’re Busiest in the Fall

Fall dominates from a file creation perspective. The most drastic increases are 91% more text files, 48% more spreadsheets, and 89% more geographic and information system files. According to the study, we apparently do most of our videography in summer and fall, and then save it to company disk. Videos jumps 68% in the fall.

41% of the Data Environment Goes Untouched

With the exception of regulatory or compliance requirements, three years is a general standard for when data goes from potentially relevant to stale. Incredibly, 41% of the average environment is stale, or unmodified in the past three years.

Orphaned Data is Overly Burdensome

Data without an attributed owner, either through role changes or employee departures, is orphaned. This data is often out of sight and out of mind for organizations and it is costing them. Based on the insights from the Index, orphan data tends to be content rich file types like videos, images and presentations – risky stuff to leave unattended. It also is taking up more than its fair share of disk space based on file count distribution – over 200% more.

Small Changes Can Have a Big Impact on Storage Costs

With similar insights into their own data, organizations can prioritize areas to achieve significant returns. Traditional “office” formats like presentations, spreadsheets and documents take up more stale space then they should, costing organizations unnecessarily. Visual formats like videos and images are also extra burdensome. These are where archiving, deletion or migration efforts are best spent. Considering the average 10 petabyte environment, an archive project focused on just stale presentations, documents, spreadsheets and text files, could return as much as $2 million a year in storage savings.

“One thing we hear all the time from our customers is they’re struggling with two competing forces of nature – the exponential data growth curve, and the restriction of resources and budget to fight it with new servers and applications,” said Steve Vranyes, CTO, Veritas.

Get real time updates directly on you device, subscribe now.

Leave A Reply

Your email address will not be published.

LIVE Webinar

Digitize your HR practice with extensions to success factors

Join us for a virtual meeting on how organizations can use these extensions to not just provide a better experience to its’ employees, but also to significantly improve the efficiency of the HR processes
REGISTER NOW 

Stay updated with News, Trending Stories & Conferences with Express Computer
Follow us on Linkedin
India's Leading e-Governance Summit is here!!! Attend and Know more.
Register Now!
close-image
Attend Webinar & Enhance Your Organisation's Digital Experience.
Register Now
close-image
Enable A Truly Seamless & Secure Workplace.
Register Now
close-image
Attend Inida's Largest BFSI Technology Conclave!
Register Now
close-image
Know how to protect your company in digital era.
Register Now
close-image
Protect Your Critical Assets From Well-Organized Hackers
Register Now
close-image
Find Solutions to Maintain Productivity
Register Now
close-image
Live Webinar : Improve customer experience with Voice Bots
Register Now
close-image
Live Event: Technology Day- Kerala, E- Governance Champions Awards
Register Now
close-image
Virtual Conference : Learn to Automate complex Business Processes
Register Now
close-image