Strange article from Information Management. It does however highlight some important points.
- We are all guilty of storing and keeping too much data - be that at home on our computer, in our filing cabinet (both at home and at work), or within our company. Yes I know some data has to be kept for a specified number of years for regulatory reasons, but do we need it all available immediately?
- Do we have an archive strategy? I know the cost of storage is going down but it is not an excuse for keeping everything.
- Do we even have valid/correct data? There is no point doing analyses on incorrect data which either wastes time, money or both and can subsequently lead to bad decisions.
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