Data capacity in enterprises is growing at 40% to 60% year on year. We are drowning in data - and if anything it's going to get even more challenging. This data explosion is due to a number of factors, including an explosion in unstructured data, such as email, SharePoint, mobile device proliferation and bring your own devices to work. The volume of data stored due to regulatory requirements also continues to evolve and change particularly in the life Sciences arena.
Typical organizations have Petabytes of “dark data” stored across its IT estate – this is data the company needs but does not know how to exploit. Think of it as all that data an organization gathers that is not part of their day to day operations. It is generally old stuff, data that turned up in the mail that was kept, ‘just in case’. It is data that someone didn’t erase, because “it might come in handy some time”.
The problem is that typically organisations have no insight into it, and they live in fear that any breach can let this into the light of day uncovering:
- Personally Identifiable Information (PII)
- Highly Confidential Information (HCI)
- Regulated Data – US FDA and MHRA Data
- Intellectual Property Data - extremely important in Life Sciences organisations
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