by Angela Guess
Alex Kayle recently argued that the current data explosion is putting intellectual property at risk. He explains, “Unstructured data is primarily the source of intellectual property (IP) within organisations today, yet the explosion of this information has negatively impacted governance. This is the view of Grant Hodgkinson, Mimecast business development director, who spoke at yesterday’s ITWeb Governance, Risk and Compliance event, at The Forum, in Bryanston. ‘The problem of unstructured data is relatively new. In the past, the knowledge creators were the minority. The pie has shifted fundamentally today, and the majority of workers are involved in knowledge work.’ Hodgkinson stated.”
Hodgkinson added, “How quickly we can innovate and come up with new ideas collaboratively determines competitiveness today, and whether a business will last beyond its competitors… In 2006, when Word processors and unstructured information utilities were still in their infancy, unstructured data was still in the minority. However, with a 67% compound annual growth rate of data per year, this resulted in a shift. In 2013, it’s expected 67% of information will be unstructured and 30% will be structured.”
photo credit: stevendepolo
