Veritas Technologies, a leader in information management, today announced new data from the global research Global Databerg Report.
The research reveals that as much as 52 percent of data currently stored worldwide can be considered “dark,” meaning that their true value and significance are unknown. The next 33 percent of data can be considered redundant, obsolete, or trivial (ROT – redundant, obsolete, trivial) and it is known that this segment of data is useless. If companies and organizations do not seriously address this issue, by 2020, $3.3 trillion will be spent globally on storing unnecessary data.
Organizations today are creating and storing more and more data due to the prevailing culture of keeping everything – both important and unimportant – and collecting all kinds of data with a completely indifferent attitude towards the rules for retaining certain types of data. Among the data, there may be important and valuable business data, but also data that should not be kept longer than a certain period or should not be kept at all.
The research shows that IT department leaders consider only 15 percent of the stored data to be critical for business. An average-sized organization that stores about 1,000 TB (terabytes) of data today spends up to $650,000 annually on storing business-unimportant information.
“The first step in addressing this problem is certainly to confront it and acknowledge that there is a culture of mass data collection and accumulation in companies and other organizations today,” said Ben Gibson, Chief Marketing Officer at Veritas. “More and more organizations realize that this is the problem. Most of them face difficulties because they do not know which data to start with, what risks may be present in that process, and how to identify data that has some value. When companies gain insight into their environment and data, they can make decisions faster, do so with more confidence, and also more easily involve other business participants in that process,” emphasized Gibson.
Veritas’s Global Databerg Report is based on insights from over 2,500 IT professionals from 22 countries around the world. The Global Databerg Report follows closely after the recently published Data Genomics Index (Data Genomics Index), the first precise insight into what data is stored in companies, based on the analysis of billions of different files. The Data Genomics Index showed that over 40 percent of stored data has not been touched or processed in the last three years and can therefore be considered obsolete. The Global Databerg Report confirms that IT department leaders are aware of this problem.
These two studies for the first time in the IT industry combine the employee perspective with the factual state of what exists among stored files, and therefore Veritas hopes that this data and results will be a catalyst for organizations to finally confront the dramatic increase in the amount of data they have witnessed in recent years.
Most business data is below the surface
One of the main conclusions of the Global Databerg Report is that, on average, 52 percent of data in global companies is below the surface, meaning it is “dark” data. “Dark” data is data that is in the “dark” because the company does not recognize it: this data is redundant, obsolete, or trivial (ROT), or it may be valuable business data that is “clean” but the company simply does not know about it.
