In the age of big data, data minimization refers to limiting the collection of personal information to only what is directly relevant and necessary for a specified purpose. As organizations collect more data from various sources like the internet of things, the focus needs to shift from collecting all possible data to prioritizing and discarding unnecessary data through data minimization. This reduces costs associated with indefinitely storing excessive data and mitigates risks of data breaches involving sensitive personal information. Sysfore Technologies provides data minimization services and strategies to help businesses optimize data collection and storage.

1. Sysfore Technologies
#117-120, First Floor, 4th Block, 80 Feet Road, Koramangala, Bangalore 560034
DATA MINIMIZATION IN THE
AGE OF BIG DATA

2. Data minimization in the age of Big Data
In the age of Big Data where every second feeds tonnes of data to the cloud,
there is an information overload happening. Do you really require to collect all
that data and store it in the hope that you will use it someday? This is where
Data Minimization comes into the picture.
As businesses grow, so does the amount of data/information that it collects over
the years. Faced with the challenges of storing and managing Big Data, many are
realizing that storing everything is not only unviable, but also unnecessary.
Don’t get buried under the Big Data deluge. Get in touch with Sysfore’s cloud
specialists and we’ll help manage your information storage through Data
Minimization.
Businesses have invested millions of dollars into storage infrastructure so that
they can capture every bit of available data. But as their datasets have grown,
many have realized that they simply do not need much of the low level data
created. More importantly, they have discovered that much of that data will
never be used.
Whether they use in-house data centers or cloud archiving options, there is a
cost associated to all of this unnecessary information that they hold.
What is Data Minimization?
Data minimization refers to the practice of
limiting the collection of personal
information to that which is directly relevant
and necessary to accomplish a specified
purpose.
The deluge of information started as
companies and organizations began to
understand the power of data. As data
becomes more ubiquitous and easy to collect,
analysts are faced with a hurricane of potential data points. The impulse was to
save all of it – indefinitely.

3. As the Internet of Things continues to grow, organizations are faced with more
ways to collect data, including and especially private, personally identifiable
data.
The focus needs to shift towards data minimization, where data is prioritized
and unnecessary data is discarded. Instead of a “save everything” approach,
data managers are now embracing a data minimization policy, keeping only
what’s relevant and necessary. Even Walmart only relies on the previous 4
weeks of data for its day-to-day merchandising strategies.
Underlying Data Minimization benefits
One factor which is becoming increasingly popular among organizations is the
cost and time factor involved in hoarding this excessive data indefinitely. All
data storage costs money, and no business has an infinite budget to go on
collecting and storing data indefinitely.
Another factor is the corporate computer security. Having too much data like
personally identifiable data brings big risks. There is the risk of data loss and
security breaches. A major leak of sensitive personal information can easily
destroy a business or even lead to charges of criminal negligence.
Data Minimization mitigate both these factors significantly. It avoids multiple
ways of storing data, thus reduces the cost of storing indefinite chunks of
information. The value of the stored data decreases quickly and imagine the loss
of a piece of information which is not even compatible now.
The idea of Data Minimization is going strong and it is only a matter of time these
are included as standard procedures for mitigating risks.
Sysfore can guide you towards a Data Minimization approach for your
businesses. For more information, you contact us at info@sysfore.com or call us
at +91-80-4110-5555.