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#AIIM14	
  #AIIM14	
  
#AIIM14	
  
Building	
  the	
  Informa2on	
  
Governance	
  Business	
  Case	
  
within	
  Your	
  Company.	
  
Robert	
  Hamilton	
  
Global	
  Vice	
  President	
  
Recall	
  Technology@twi@er	
  
#AIIM14	
  
What	
  is	
  Informa2on	
  Governance?	
  
§  Informa2on	
  Governance	
  (IG):	
  is	
  the	
  process	
  by	
  which	
  organizaCons	
  
enforce	
  desirable	
  behavior	
  in	
  the	
  creaCon,	
  use,	
  archiving	
  and	
  disposiCon	
  
of	
  corporate	
  informaCon.	
  The	
  goal	
  of	
  informaCon	
  governance	
  is	
  to	
  ensure	
  
compliance	
  with	
  laws	
  and	
  regulaCons,	
  miCgate	
  risks	
  and	
  protect	
  the	
  
confidenCality	
  of	
  sensiCve	
  company	
  and	
  customer	
  data	
  1.	
  	
  	
  
§  InformaCon	
  governance	
  also	
  helps	
  to	
  ensure	
  that	
  organizaCons	
  handle	
  
informaCon	
  in	
  the	
  most	
  economical	
  way,	
  thereby	
  increasing	
  its	
  value.	
  
1.	
  Source:	
  Gartner	
  	
  
#AIIM14	
  #AIIM14	
  
#AIIM14	
  
Informa2on	
  
Overload	
  
www.aiim.org/infochaos	
  
Do	
  YOU	
  understand	
  the	
  business	
  	
  
challenge	
  of	
  the	
  next	
  10	
  years?	
  
This	
  ebook	
  from	
  AIIM	
  President	
  
John	
  Mancini	
  explains.	
  
#AIIM14	
  
Summary	
  of	
  Business	
  Problem	
  
Exponential Growth in Content + Increase in Enforcement of Regulations = Increase in Cost & Risk
Exponen2al	
  Growth	
  	
  
In	
  volume	
  of	
  electronic	
  content	
  
SEC	
  17a-­‐4	
  
Title	
  21	
  CFR	
  11	
   MiFID	
  
Basel	
  II	
  
DoD	
  5015.2	
  
Increased	
  
Regulatory	
  Enforcements	
  
How	
  do	
  we	
  manage	
  massive	
  growth	
  in	
  content	
  over	
  mulCple	
  repositories?	
  
How	
  do	
  we	
  comply	
  with	
  increased	
  enforcement	
  of	
  laws/regulaCons?	
  
How	
  can	
  we	
  keep	
  our	
  cost	
  and	
  risk	
  in	
  control?	
  
How	
  can	
  we	
  keep	
  our	
  organizaCons	
  efficient	
  and	
  focused	
  on	
  business	
  goals?	
  	
  
Public	
  and	
  
Private	
  
Clouds	
  
Shared	
  Drives	
  
#AIIM14	
  
Summary	
  of	
  Business	
  Problem/	
  
Market	
  Needs	
  
Increased	
  
Regula2ons	
  
Uncontrolled	
  
Content	
  
Exponen2al	
  
Growth	
  
75%	
  of	
  organizaCons	
  consider	
  File	
  Share	
  and	
  Sync	
  most	
  important	
  for	
  collaboraCon2	
  
88%	
  of	
  organizaCons	
  are	
  looking	
  for	
  IG	
  soluCons	
  to	
  reduce	
  cost	
  &	
  increase	
  efficiency3	
  
Source:	
  1.	
  ;	
  2.	
  Doug	
  Magnuson,	
  IBM	
  2.	
  AIIM	
  Industry	
  Watch	
  Content	
  CollaboraCon,	
  Feb	
  2014,	
  3.	
  Forrester’s	
  Global	
  Q1	
  2013	
  InformaCon	
  
Strategy	
  and	
  Architecture,	
  
90%	
  of	
  all	
  informaCon	
  was	
  created	
  in	
  last	
  2	
  years1	
  
#AIIM14	
  
Cost	
  Factors	
  
Organizations have reached a tipping point and need a comprehensive solution
Source:	
  	
  1.	
  McKinsey	
  Global	
  InsCtute	
  2.	
  Gartner	
  3.	
  IDC,	
  The	
  2011	
  Digital	
  Universe	
  Study;	
  4	
  	
  RAND	
  study	
  on	
  eDiscovery,	
  2012	
  
Up	
  to	
  80%	
  of	
  infrastructure	
  is	
  used	
  to	
  support	
  duplicate	
  data1	
  
75%	
  of	
  IT	
  budget	
  is	
  spent	
  on	
  infrastructure	
  maintenance2	
  
eDiscovery	
  cost	
  for	
  1GB	
  of	
  data	
  could	
  be	
  up	
  to	
  $18,0004	
  	
  
Qualcomm	
  pays	
  $12.4MM	
  in	
  discovery	
  fees	
  
Storage	
  Cost	
  per	
  GB	
  down,	
  but	
  supporCng	
  IT	
  investment	
  up3	
  
-6-
IT	
  Infrastructure	
  Cost	
  
Li2ga2on	
  Cost	
  
#AIIM14	
  
Missing	
  informa2on	
  is	
  costly	
  –	
  	
  
very	
  costly	
  
Source:	
  	
  IDC,	
  Bridging	
  the	
  InformaCon	
  Worker	
  ProducCvity	
  Gap,	
  Sep	
  2012	
  
#AIIM14	
  
Data	
  Quality	
  
If an average Fortune 1000 company can increase the usability of its data by just
10%, the company could expect an increase of over 2 billion dollars. (Source:
InsightSquared )
Performing	
  data	
  quality	
  best	
  pracCces	
  can	
  increase	
  profitability	
  by	
  up	
  to	
  66%.	
  
Poor	
  data	
  quality	
  costs	
  businesses	
  $600	
  billion	
  annually.	
  
Low	
  data	
  quality	
  can	
  cause	
  business	
  20%-­‐35%	
  of	
  the	
  operaCng	
  revenue.	
  
Cost	
  of	
  Poor	
  Data	
  Quality	
  
Poor	
  Data	
  Quality	
  Notes	
  
Poor	
  data	
  quality	
  is	
  cited	
  as	
  the	
  #1	
  reason	
  for	
  project	
  overruns.	
  
Source:	
  	
  Chad	
  Luckie,	
  Fathom	
  	
  h@p://www.fathomdelivers.com/blog/analyCcs-­‐and-­‐big-­‐data/big-­‐data-­‐facts-­‐and-­‐staCsCcs-­‐that-­‐will-­‐shock-­‐you/	
  
#AIIM14	
  #AIIM14	
  
#AIIM14	
  
The	
  Business	
  Case	
  
#AIIM14	
  
Business	
  Case	
  Factors	
  
NO ACTION = Increased Cost, Increased Risk and Reduced Efficiency
-10-
Decrease	
  Cost	
  
Decrease	
  Risk	
  
Increase	
  Efficiency	
  
#AIIM14	
  
Falling	
  Storage	
  Costs	
  –	
  	
  
Rising	
  Investment	
  
Source:	
  International Data Corporation, Digital Universe Study, June 2011
Storage Cost per GB has gone down but the investment in infrastructure to support
storage has doubled from $2.5 trillion to $5 trillion in last 7 years
#AIIM14	
  
Risk	
  Factors:	
  Policies	
  
Source:	
  	
  Recall	
  -­‐	
  AIIM	
  Industry	
  Watch,	
  Feb	
  2013	
  
Risk increases multifold with NO or legally insufficient policies
61%	
  DO	
  NOT	
  have	
  a	
  solid	
  informaCon	
  governance	
  policy	
  
Only	
  30%	
  have	
  enterprise-­‐wide	
  policies	
  
Which	
  category	
  does	
  your	
  organizaCon	
  fall	
  under?	
  
#AIIM14	
  
Risk	
  Factors:	
  Policy	
  
Enforcement	
  
Policies are no better, if you can not implement them!
85%	
  of	
  the	
  companies	
  have	
  not	
  enforced	
  their	
  policies	
  yet	
  
22%	
  are	
  not	
  taking	
  the	
  implementaCon	
  seriously	
  
Source:	
  	
  Recall	
  -­‐	
  AIIM	
  Industry	
  Watch,	
  Feb	
  2013	
  
52%	
  have	
  policies	
  that	
  are	
  not	
  implementable	
  
#AIIM14	
  
Consequences	
  of	
  No	
  Governance	
  
Source:	
  	
  Recall	
  –	
  AIIM	
  Industry	
  Watch	
  
#AIIM14	
  
Efficiency	
  Factors	
  
The timeliness of quality decision making directly impacts your bottom line!
On	
  average	
  an	
  informaCon	
  worker	
  spends	
  48-­‐72	
  minutes	
  locaCng	
  informaCon	
  daily1	
  
Inability	
  to	
  access	
  informaCon	
  when	
  needed	
  for	
  business	
  decisions	
  
Business	
  analyCcs	
  is	
  not	
  meaningful	
  without	
  accuracy	
  of	
  informaCon	
  
Decision	
  Making	
  
Produc2vity	
  
Opportunity	
  cost	
  of	
  this	
  wasted	
  Cme	
  is	
  equivalent	
  to	
  $19,	
  372	
  per	
  employee	
  per	
  year1	
  
Source:	
  	
  1.	
  IDC,	
  Bridging	
  the	
  InformaCon	
  Worker	
  ProducCvity	
  Gap,	
  Sep	
  2012,	
  Cost	
  calculaCons	
  assume	
  $75,000	
  annual	
  CTC	
  per	
  employee	
  
Efficiency	
  Gain	
  has	
  become	
  a	
  stronger	
  business	
  driver	
  than	
  Risk	
  MiCgaCon	
  
#AIIM14	
  #AIIM14	
  
#AIIM14	
  
The	
  ROI	
  of	
  IG	
  
#AIIM14	
  
#AIIM14	
  
#AIIM14	
  
#AIIM14	
  
#AIIM14	
  
#AIIM14	
  
#AIIM14	
  #AIIM14	
  
#AIIM14	
  
Q	
  &	
  A	
  
www.aiim.org/infochaos	
  
Do	
  YOU	
  understand	
  the	
  business	
  	
  
challenge	
  of	
  the	
  next	
  10	
  years?	
  
This	
  ebook	
  from	
  AIIM	
  President	
  
John	
  Mancini	
  explains.	
  

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Building the Information Governance Business Case Within Your Company

  • 1. #AIIM14  #AIIM14   #AIIM14   Building  the  Informa2on   Governance  Business  Case   within  Your  Company.   Robert  Hamilton   Global  Vice  President   Recall  Technology@twi@er  
  • 2. #AIIM14   What  is  Informa2on  Governance?   §  Informa2on  Governance  (IG):  is  the  process  by  which  organizaCons   enforce  desirable  behavior  in  the  creaCon,  use,  archiving  and  disposiCon   of  corporate  informaCon.  The  goal  of  informaCon  governance  is  to  ensure   compliance  with  laws  and  regulaCons,  miCgate  risks  and  protect  the   confidenCality  of  sensiCve  company  and  customer  data  1.       §  InformaCon  governance  also  helps  to  ensure  that  organizaCons  handle   informaCon  in  the  most  economical  way,  thereby  increasing  its  value.   1.  Source:  Gartner    
  • 3. #AIIM14  #AIIM14   #AIIM14   Informa2on   Overload  
  • 4. www.aiim.org/infochaos   Do  YOU  understand  the  business     challenge  of  the  next  10  years?   This  ebook  from  AIIM  President   John  Mancini  explains.  
  • 5. #AIIM14   Summary  of  Business  Problem   Exponential Growth in Content + Increase in Enforcement of Regulations = Increase in Cost & Risk Exponen2al  Growth     In  volume  of  electronic  content   SEC  17a-­‐4   Title  21  CFR  11   MiFID   Basel  II   DoD  5015.2   Increased   Regulatory  Enforcements   How  do  we  manage  massive  growth  in  content  over  mulCple  repositories?   How  do  we  comply  with  increased  enforcement  of  laws/regulaCons?   How  can  we  keep  our  cost  and  risk  in  control?   How  can  we  keep  our  organizaCons  efficient  and  focused  on  business  goals?     Public  and   Private   Clouds   Shared  Drives  
  • 6. #AIIM14   Summary  of  Business  Problem/   Market  Needs   Increased   Regula2ons   Uncontrolled   Content   Exponen2al   Growth   75%  of  organizaCons  consider  File  Share  and  Sync  most  important  for  collaboraCon2   88%  of  organizaCons  are  looking  for  IG  soluCons  to  reduce  cost  &  increase  efficiency3   Source:  1.  ;  2.  Doug  Magnuson,  IBM  2.  AIIM  Industry  Watch  Content  CollaboraCon,  Feb  2014,  3.  Forrester’s  Global  Q1  2013  InformaCon   Strategy  and  Architecture,   90%  of  all  informaCon  was  created  in  last  2  years1  
  • 7. #AIIM14   Cost  Factors   Organizations have reached a tipping point and need a comprehensive solution Source:    1.  McKinsey  Global  InsCtute  2.  Gartner  3.  IDC,  The  2011  Digital  Universe  Study;  4    RAND  study  on  eDiscovery,  2012   Up  to  80%  of  infrastructure  is  used  to  support  duplicate  data1   75%  of  IT  budget  is  spent  on  infrastructure  maintenance2   eDiscovery  cost  for  1GB  of  data  could  be  up  to  $18,0004     Qualcomm  pays  $12.4MM  in  discovery  fees   Storage  Cost  per  GB  down,  but  supporCng  IT  investment  up3   -6- IT  Infrastructure  Cost   Li2ga2on  Cost  
  • 8. #AIIM14   Missing  informa2on  is  costly  –     very  costly   Source:    IDC,  Bridging  the  InformaCon  Worker  ProducCvity  Gap,  Sep  2012  
  • 9. #AIIM14   Data  Quality   If an average Fortune 1000 company can increase the usability of its data by just 10%, the company could expect an increase of over 2 billion dollars. (Source: InsightSquared ) Performing  data  quality  best  pracCces  can  increase  profitability  by  up  to  66%.   Poor  data  quality  costs  businesses  $600  billion  annually.   Low  data  quality  can  cause  business  20%-­‐35%  of  the  operaCng  revenue.   Cost  of  Poor  Data  Quality   Poor  Data  Quality  Notes   Poor  data  quality  is  cited  as  the  #1  reason  for  project  overruns.   Source:    Chad  Luckie,  Fathom    h@p://www.fathomdelivers.com/blog/analyCcs-­‐and-­‐big-­‐data/big-­‐data-­‐facts-­‐and-­‐staCsCcs-­‐that-­‐will-­‐shock-­‐you/  
  • 10. #AIIM14  #AIIM14   #AIIM14   The  Business  Case  
  • 11. #AIIM14   Business  Case  Factors   NO ACTION = Increased Cost, Increased Risk and Reduced Efficiency -10- Decrease  Cost   Decrease  Risk   Increase  Efficiency  
  • 12. #AIIM14   Falling  Storage  Costs  –     Rising  Investment   Source:  International Data Corporation, Digital Universe Study, June 2011 Storage Cost per GB has gone down but the investment in infrastructure to support storage has doubled from $2.5 trillion to $5 trillion in last 7 years
  • 13. #AIIM14   Risk  Factors:  Policies   Source:    Recall  -­‐  AIIM  Industry  Watch,  Feb  2013   Risk increases multifold with NO or legally insufficient policies 61%  DO  NOT  have  a  solid  informaCon  governance  policy   Only  30%  have  enterprise-­‐wide  policies   Which  category  does  your  organizaCon  fall  under?  
  • 14. #AIIM14   Risk  Factors:  Policy   Enforcement   Policies are no better, if you can not implement them! 85%  of  the  companies  have  not  enforced  their  policies  yet   22%  are  not  taking  the  implementaCon  seriously   Source:    Recall  -­‐  AIIM  Industry  Watch,  Feb  2013   52%  have  policies  that  are  not  implementable  
  • 15. #AIIM14   Consequences  of  No  Governance   Source:    Recall  –  AIIM  Industry  Watch  
  • 16. #AIIM14   Efficiency  Factors   The timeliness of quality decision making directly impacts your bottom line! On  average  an  informaCon  worker  spends  48-­‐72  minutes  locaCng  informaCon  daily1   Inability  to  access  informaCon  when  needed  for  business  decisions   Business  analyCcs  is  not  meaningful  without  accuracy  of  informaCon   Decision  Making   Produc2vity   Opportunity  cost  of  this  wasted  Cme  is  equivalent  to  $19,  372  per  employee  per  year1   Source:    1.  IDC,  Bridging  the  InformaCon  Worker  ProducCvity  Gap,  Sep  2012,  Cost  calculaCons  assume  $75,000  annual  CTC  per  employee   Efficiency  Gain  has  become  a  stronger  business  driver  than  Risk  MiCgaCon  
  • 17. #AIIM14  #AIIM14   #AIIM14   The  ROI  of  IG  
  • 24. #AIIM14  #AIIM14   #AIIM14   Q  &  A  
  • 25. www.aiim.org/infochaos   Do  YOU  understand  the  business     challenge  of  the  next  10  years?   This  ebook  from  AIIM  President   John  Mancini  explains.