CIO OPINION changed the environment and storage management has become a significant priority .
This can all be resolved by implementing a robust information lifecycle program . However , there is an assumption that it costs far more to implement information management strategies than to simply keep paying for more storage .
The fact of the matter is that cloud storage is cheap until you hit limits and the reason that limits are hit is because of a lack of information lifecycle outcomes .
It ’ s easy to think that moving certain data out of the active repository and into archival storage , which is cheaper , could be a solution .
But regardless of where you are storing this content , the key is lifecycle management . It doesn ’ t matter if it ’ s in an active or inactive repository it still needs to be managed . It ’ s like filling your house with junk and then buying storage unit after storage unit that you continue to fill up . The underlying problem still exists and that is , you have too much stuff and things that are no longer required can be destroyed .
It ’ s important to remember that trying to save costs on information management could lead to far bigger costs in the long run . A prime example of this is when a major energy company settled a claim rather than going to court after realising that finding the documents required for discovery would cost $ 6.2 million and six months to complete .
Moving content to cheaper storage is an excellent short-term solution , but ultimately the problem still exists and will need to be dealt with eventually .
A report by IDC found workers spend about 2.5 hours per day , or roughly 30 % of a workday , searching for information .
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