Traditional approaches to information management are generally speaking no longer suitable to meet today’s information management needs. The legacy “move-to-manage” premise is expensive, fraught with difficulties and contradictory to modern data repositories that (a) are either cloud-based, (b) have built-in governance tools, or (c) contain data that best resides in the native repository.
In reality, traditional records management and ECM systems only manage a small percentage of an organization’s total information. A successful implementation is often considered 5% of the information that exists. What about all the information not deemed a “record”?
Traditional archiving systems tend to capture everything and for the most part cause organizations to keep their archived information for much longer periods of time, or forever. Corporate data volumes and the data landscape have changed dramatically since archiving systems became widely adopted. Some organizations are discovering the high cost of getting their data out while others are experiencing end-user productivity issues, incompatible stuns or shortcuts and a lack of support for the modern interfaces through which users expect to access their information.
The unstructured data problem, along with the emerging reality of the cloud, have brought us to an inflection point; either continue to use decade-old, higher-cost and complex approaches to manage huge quantities of information, or proactively govern this information where it naturally resides to more effectively identify, organize and advance the best possible outcomes for security, compliance, litigation response and innovation.
Today’s enterprise-ready hardware and storage solutions as well as scalable business productivity applications featuring built-in governance tools are both affordable and easily accessible. For forward-thinking organizations, there is no question that in-place information management is the most viable and cost-effective methodology for information management in the 21st century.