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From Storage to Insights: Mining Business Value from Information Archives
In the mid twentieth century, author (and librarian) Jorge Luis Borge published a short story called The Library of Babel. The story describes a huge library of many hexagonal rooms, each of which is filled with books. The problem was the books seemed to be nothing but pages of random characters. Readers could make no sense of it.
Many large organizations find themselves in a similar predicament with their digital archives. They have plenty of valuable information. But how to unlock its meaning, relevance, and insight?
If you’re a storage and archiving vendor, you know this is a terrific opportunity to provide new analytic solutions to your customers while creating additional revenue streams for your business. In highly regulated industries such as healthcare and financial services, the demand for solutions in governance, risk, compliance grows with every new regulation passed. Companies in these industries want to mine their archives for patterns and insights that empower risk mitigation and improve decision making.
Metadata discovery and storage optimization
One promising approach for storage and archiving vendors focuses on helping organizations automate metadata discovery. In fact, this is the first step in any comprehensive plan to extract greater business value from archived information.
Metadata discovery enables businesses to identify regulated information such as personally identifiable and sensitive personal information (PII and SPI) and other information regulated by HIPAA, as well as critical operational data. At the same time, it uncovers the relationships between data and exposes duplicate sources of information that can be deleted to optimize storage.
Communication surveillance and regulatory compliance
It’s been 15 years since Congress enacted Sarbanes-Oxley, which triggered a major upheaval in corporate governance. We’re still dealing with its ripple effects and more recent compliance legislation. That’s why eCommunications is front and center as organizations struggle to avoid getting sucked through the jet engine of compliance litigation and settlement.
Yet ask any compliance executive. False positives are among the biggest challenges associated with eCommunication surveillance. In fact, false positives tend to outnumber true positives by thousands per day at large organizations.
An intelligent, flexible risk scoring process goes a long way towards reducing false positives and spotting more true positives while increasing enterprise productivity and ensuring compliance.
So join me and Will Johnson, CTO and co-founder of Attivio, on Wednesday, January 25, 2017, at 2pm ET for a live 30-minute webinar where we’ll discuss how you can leverage the Attivio Platform to develop solutions for:
- Communication surveillance and regulatory compliance
- Storage optimization and metadata discovery
Do you want to learn how you can differentiate your solution offerings in a crowded market? Then this webinar was made for you.