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Corporate expectation for accessibility and flexibility in technology implementations contravenes necessary corporate governance and compliance initiatives. Not only do corporations and solution providers have cloud-first business strategies, but the desire for analytics and mobility has changed the way that information is curated and accessed. As a result, technology and compliance professionals are struggling to keep pace with data growth and effectively manage enterprise information. These struggles, in turn, have cultivated new consolidated approaches that ease employee burden, safeguard data, and deliver accessibility. This Technology Spotlight examines the role of consolidated information governance platforms as enterprises attempt to redefine the boundaries of their information universe. The paper also explores the role of Commvault's software platform within the context of holistic information governance.
Information Governance Challenges
Over the past several years, a number of trends have created complexity for information management and compliance professionals. The trend that has seen perhaps the most rapid growth is the adoption of cloud services. Technology vendors and enterprise customers alike have embraced the convenience inherent in cloud-first development strategies. In fact, IDC recently noted that public IT cloud services spending will experience a 22.8% compound annual growth rate (CAGR) from 2013 to 2018.
Cloud convenience, however, can come at a price. Enterprises may be left feeling disconnected from their data without the ability to exercise full control over the storage and platform architecture. The same could be said for strategic technology decisions that proliferate data. Bring-your-own-cloud (BYOC) and bring-your-own-device (BYOD) models, for instance, encourage employees to leverage consumer mobile and computing devices or consumer platforms and data sharing services. These devices and services allow greater employee flexibility but can disassociate corporate data from enterprise architecture and cause duplication.
The occurrence of data sprawl inherent in distributed technology architectures is not a new challenge. Corporations have been dealing with bring-your-own and as-a-service technology models for years. However, the addition of content analytics and the increase in legal and compliance pressures have cemented the need for information governance.
Just two years ago, less than 5% of the world's data was being analyzed. Today, data analysis is becoming commonplace as corporations actively use data insights to create new revenue streams, prevent and detect fraud, and monitor employee behaviors. This level of success has only served to create a snowball effect, and the promise of analytics has driven organizations to keep and store even more data. Without a measured or consolidated architecture, enterprises run the risk of unnecessary data duplication as business units copy and move data for analysis by niche toolsets.