Organizations are capturing millions of data points but what are they doing with all of this data after it gets used? We like to think of electronic storage as limitless but your CIO can tell you otherwise, and Legal/Risk Managers are struggling to work with LOB Managers to reduce the liability inherently in the data. That’s where Information Lifecycle Governance (ILG) comes to into play.
Analytics is the new “it” girl and for good reason. IoT, Watson and other data collection and analytics tools are bringing insights to organizations not previously possible. They are valuable and actionable – driving business decisions that can provide competitive advantages.
But does this mean we keep petabytes worth of data forever? Is it all ours? For example, if we are collecting data from an OEM sensor, who owns that data and who is responsible for its governance?
Line of business (LOB) managers want to keep it for future use and analysis and IT and Legal want to remove them to reduce costs and liability. All of this data is “discoverable”. ILG managers are struggling to update their strategy to ensure all parties are appeased while proper governance is applied.
RKO works with organizations to modernize their ILG strategy to better manage their data explosion, storage optimization and retention needs no matter where the data resides or what it’s being used for.
Watch this two minute video to learn more about the latest tools available:
That’s where we excel. RKO has been working with organizations on their ILG needs for over 15 years. We’ve got it dialed. So we’ve started offering organizations a package that helps them get a handle on their ILG risks when it comes to Big Data. As part of the engagement, we develop a road map with tactical steps to mitigate this Big Data chaos. The package is streamlined and at a fixed cost so there are no surprises – it’s our Rapid Assessment.
How do you get started? Let me first share some additional benefits of doing a Rapid Assessment:
- Uses a team of ILG professionals who understand today’s business challenges with data living in the cloud, outside of the firewall, being collected from a multitude of technologies and exploding.
- Fixed price so no surprises.
- Discovers where your data resides and key gaps in your program.
- Provides a roadmap and strategy to mitigate risk.
- Ensures you know the best next steps to generate short & long term value.
Overall, the Rapid Assessment assesses and informs about your key ILG risk areas along with mitigation strategies and tactics.