Meeting the Demand for Data Storage

Meeting the Demand for Data Storage

How can businesses optimize the management of the cost, volume and complexity of the stored information?

Author(s): James M. Kaplan, Rishi Roy, Rajesh Srinivasaraghavan

Publisher: McKinseyQuarterly, juin 2008

Date of publication: 2008

See this article on the publisher’s site [McKinsey&Company]

Summary

As businesses amass growing volumes of data in today’s information age, how can they optimize the management of the cost, volume and complexity of this information? The authors of this article start by pointing out the risks of data proliferation, such as the soaring problem of redundant information or the storage of non-essential data, and then offer practical tips to help companies deal with these issues. In particular, they emphasize the need for collaboration between IT experts and operational managers to set rules that are both technically viable and efficient from a business management perspective. A brief, but highly concrete article packed with useful advice.