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Global Records Compliance: What You Need to Know (IDC White Paper)
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Digital information continues to grow aggressively. IDC sized the digital universe at close to 800,000 petabytes in 2009 and forecasts that the volume of digital data will total 1.2 million petabytes by the end of 2010 and 35 zettabytes by 2020. Volume growth will be fueled by the proliferation of new applications, new infrastructure technologies, enhanced text analytics and data mining algorithms, and location-aware and nontraditional mobile devices.
The introduction of new technologies into the corporate network creates more digital information. Organizations need to assess and manage this new and growing digital information to comply with their regulatory, legal, and business obligations. In 2008, IDC concluded that between 22% and 33% of the digital universe is considered high-value information. Historical and business operations, legal obligations, and legal requirements demand that data be managed for its security, compliance, and preservation profile. IDC also concludes that valuable information will rise to 35% to 45% of the digital universe by the end of 2012.