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Data dynamics activereports4/7/2024 ![]() Many organizations ineffectively manage their unstructured data, often blaming the lack of an integrated data management platform. Irrespective of where their data is, organizations are responsible for knowing what that data is, maximize value, reduce risk, and optimize cost.Äata represents a competitive advantage for those companies who master it, or a significant liability to those organizations who become overwhelmed. The challenge of unstructured data is that the data is often siloed across vendors, cloud environments, and lines of business. IDC research indicates that around the globe, organizations’ overall data will continue to grow 35-45% annually, reaching a staggering 849 exabytes by 2024, with unstructured data representing 80% of all world-wide data by 2025. What and where is the data I have? Who has access to the data? Is the data secure? Do I meet the compliance requirements for my data? Data stewardship is the responsibility of everyone in the organization.
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