Defining Smart Data
What exactly is Smart Data? It's data that's enlightened. Beyond just bits and bytes, Smart Data is imbued with metadata that explains its origin, format, location, and relevance. With Ai Data Detect, data doesn't just exist; it narrates its story. By turning underutilized Dark Data [Dumb Data] into Smart Data, organizations can harness the dual benefits of reduced storage costs and unearthed business insights - providing for enhanced decision-making, improved operational efficiency, and a culture of innovation.
Curing Dark Data
Dark Data: An Untapped Treasure
Data has long been established as the new gold in the modern business world. It drives decisions, unveils opportunities, and is fundamental to innovation. However, a startling amount, up to 80%, of this data remains unexplored and untapped. This unused and unanalyzed data, often termed as 'Dark Data,' lies dormant in every organization's legacy storage spaces, silently accruing escalating costs and providing risk without delivering any value. There is a wealth of customer insight, process innovation, and cost savings that can be unlocked if this Dark Data can be effectively identified and utilized.
Dark Data: A Growing Problem for Legacy Storage Solutions
The influx of data from a myriad of sources, both internal and external, has been nothing short of overwhelming. Big Data, while teeming with potential, also brings forth challenges. The sheer volume, coupled with a lack of enriched metadata, makes it a daunting task to determine the data's ownership, evaluate risks, understand business relevance, and select suitable storage methods. As data accrues, so do costs and risks, burdening organizations without any substantial return on this data investment.
From Dumb Data to Smart Data: The Revolution of Ai Data Connect & Detect
Ai Data Connect & Detect is the beacon in this data deluge. It recognizes the hidden value in dormant Dumb Data and converts it into Smart Data. With seamless integration of cutting-edge algorithms and intuitive data governance workflows, Ai Data Detect enables organizations to cleanse, classify, centralize, and control their data. It provides a holistic solution that addresses compliance, eDiscovery, ROT, risk, and strategic utilization [while dramatically reducing data storage costs].
The Challenges of Redundant, Obsolete, and Trivial Data [ROT]
A closer look at most organizations' data portfolios reveals an alarming fact: nearly 30% of their unstructured data is ROT. While ROT may sound benign, it's a leech, draining resources without any return. It also represents risk; retaining unneeded data can cause legal issues, regulatory fines, and more. Worse still, this unstructured data is growing at an unprecedented rate, with estimates suggesting it constitutes the majority of all new enterprise data. The urgency to address ROT becomes paramount in an age where reducing IT expenses is not just a goal but a necessity.
Smart Data: A Solution for Today and Tomorrow
Ai Data Detect empowers organizations to pierce through the data fog, identify ROT, and manage it effectively. Advanced algorithms identify, classify, and profile data, differentiating the valuable from the trivial. This clarity fosters efficient data management, aids in crafting effective cloud migration strategies, and ensures that every byte of data truly counts [while dramatically reducing data storage costs].
Ai Data Detect's unique value proposition starts with the transformation of unidentified Dark Data into Smart Data.
By converting unidentified and Dark Data into Smart Data, your organization gains actionable insights, enhanced security, and improved data quality. With the power of self-aware data at your disposal, your organization can unlock the full potential of its data assets and stay ahead in today's competitive data-centric business landscape.
Smart Data is data that carries with it information about its creation, access, format, location, and relevance.