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Enterprises struggle to gain insight from expansive and diverse information sources
VIENNA, Austria, Nov. 29, 2011 –/BackupReview.info/– HP today announced global research that reveals the challenges organizations face in managing enterprise information and the need for information optimization solutions
New research conducted on behalf of HP(1) reveals that organizations do not have effective information strategies in place to garner the insight needed to make key enterprise decisions.
Almost 50 percent of business and technology executives indicated that they do not have effective information strategies that cut across organizational silos, technologies and strategic functions. In addition, only 2 percent of executives said their IT organization can immediately provide the information needed to gain insight to drive the right enterprise outcomes 100 percent of the time.
The study revealed:
— Nearly two-thirds of business and technology executives noted that growing expectations from regulatory and compliance requirements is their greatest information challenge. However, more than a third of executives stated their organizations were not effective at accessing information for legal, compliance and operational needs.
— Sixty-three percent of executives agree that optimizing data effectively is the cornerstone of a successful information strategy.
The survey also found that the majority of enterprises are driving their information management strategies on a reactive basis to meet compliance requirements, protect personal information and create privacy policies for social media.
Effective information optimization solutions enable enterprises to gain insight from this growing pool of data to respond quickly to changing customer and citizen needs.
(1) – HP Research: Information Optimization, — Coleman Parkes Research, Ltd., October 2011.
© 2011 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.
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