Resources for Basel II Capital Accord (Basel II)
Effectively Managing Unstructured Data
www.cxotoday.com A shattering majority of organizations surveyed in a recent research study conducted by EMC admitted they were not classifying their unstructured documents - a critical initial step to effective information management.
A recent report by IDC - The Expanding Digital Universe: A Forecast of Worldwide Information Growth Through 2010 -- says that information will grow at a CAGR of 57% between 2006 and 2010 to reach 988 exabytes*; over 95% of the digital information consists of unstructured data, of which: 80% is the contribution of organizations. It also adds, organizations including businesses of all sizes, agencies, governments, and associations - will be responsible for the security, privacy, reliability, and compliance of at least 85% of this information.
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