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Galaxy Consulting
Information Overload
and How to Deal With It
Eleonora Babayants
Galaxy Consulting
www.galaxyconsulting.net
Information is the oxygen of the
modern age. It seeps through the
walls topped by barbed wire, it wafts
across the electrified borders. -
Ronald Reagan
A galaxy is an enormous group of
hundreds of millions or billions of star
systems that orbit around a common
center and gravitationally interact with
each other. – Wiki Answers
Information networks straddle the world.
Nothing remains concealed. But the
sheer volume of information dissolves
the information. We are unable to take it
all in. - Gunther Grass
Information Flow
= Galaxy
Galaxy Consulting
www.galaxyconsulting.net
Galaxy Consulting
www.galaxyconsulting.net
During last ten years the volume and
diversity of digital information grew at
unprecedented rates.
Amount of information is doubling
every 18 months, and unstructured
information volumes grow six times
faster than structured.
State of Digital Universe
Galaxy Consulting
www.galaxyconsulting.net
250 million
new people
on Facebook
last year
800 million total
Galaxy Consulting
www.galaxyconsulting.net
30 billion
pieces of content
shared on
Facebook
every month
Galaxy Consulting
www.galaxyconsulting.net
100 million
new accounts on
Twitter in 2010
200 million total
Galaxy Consulting
www.galaxyconsulting.net
25 billion tweets
sent on
Twitter in 2010
Now over
250 million
tweets sent daily
Galaxy Consulting
www.galaxyconsulting.net
And a lot of other social
media sites:
Blogs, microblogs,
wikis,
social bookmarking,
curated news, etc.
Galaxy Consulting
www.galaxyconsulting.net
 By 2011, the digital universe was
10X
as big as it was in 2006
Galaxy Consulting
www.galaxyconsulting.net
 In 2011, the amount of digital information
created in the World has exceeded 1zettabyte –
it was 1.2 zettabyte =
a stack of DVDs stretching to the moon and
back
 What is an zettabyte?
 One trillion gigabytes
Galaxy Consulting
www.galaxyconsulting.net
 The amount of digital
information is doubling every
18 months
 In 10 years there will be as
many bits of digital universe as
there are stars in physical universe
 2020: 35 zettabytes
(35 trillion gigabytes) =
a stack of DVDs reaching halfway
to Mars
 The growth of data continues to
outpace available storage
capacity
Galaxy Consulting
www.galaxyconsulting.net
Big data - data sets whose size is
beyond the ability of commonly
used software tools to capture,
manage, and process the data
within a tolerable elapsed time.
Challenges:
• capture
• storage
• search
• sharing
• analysis
• visualization
Galaxy Consulting
www.galaxyconsulting.net
About 30 % of the total volume of
information in the Digital Universe
is created by businesses and
organizations
… and most of it is unmanaged.
Galaxy Consulting
www.galaxyconsulting.net
Most of which is stored
haphazardly on a variety of
servers and drives
And it is getting worse…
Galaxy Consulting
www.galaxyconsulting.net
and… even filing cabinets!
There is an increased use of:
• departmental network
drives
• collaboration tools
• content management
systems
• messaging systems with file
attachments
• corporate blogs and wikis
• databases
Galaxy Consulting
www.galaxyconsulting.net
 There are duplicate and untraceable
documents that crowd valuable
information needed to get work done.
 Employees spend too much
time, about 20% of their time, on
average, looking for, not finding
and recreating information.
Galaxy Consulting
www.galaxyconsulting.net
 Once they find the information, 42%
of employees report having used the
wrong information, according to
a recent survey.
Galaxy Consulting
www.galaxyconsulting.net
Think about email…
Only 13% of organizations have
deployed an email management
strategy across their organization.
56% of organizations have no
policy at all relative to e-mail
retention.
Many organizations do not understand the
difference between archiving and back-up.
According to AIIM survey, 59% think
that email is “archived” as part of back
up or PST files.
That amounts to little more than an
e-mail digital landfill !
Galaxy Consulting
www.galaxyconsulting.net
Think about other kinds of
electronic information…
…many organizations have not
begun to address the core
process of managing electronic
information...
…most organizations likely have
core systems to manage
MONEY and PEOPLE ...
…but what about INFORMATION?
Galaxy Consulting
www.galaxyconsulting.net
 Over 40% of organizations have
no policy for classifying electronic
information as business records.
 Nearly 64% of users believe that
their organization understands what
PAPER records are and how they
should be retained.
 Only 34% have the same
understanding when considering
ELECTRONIC records.
 This means that most ELECTRONIC
INFORMATION winds up in the digital
landfill !
Galaxy Consulting
www.galaxyconsulting.net
 Only 41% of organizations
deliver any sort of training on
how to handle electronic
information.
 That means the CEO is going to
have an awful hard time in court
explaining his/her digital landfill.
Think about legal exposure…
Galaxy Consulting
www.galaxyconsulting.net
Think about process inefficiency…
 On a scale of 1 (terrible) to 10
(excellent) how would you rate the
effectiveness of your organization in
managing information?
 54% would give themselves a
grade of 5 or less.
Galaxy Consulting
www.galaxyconsulting.net
 52% of organizations have
“little or no confidence”
that their electronic information
is accurate, accessible, and
trustworthy.
 …and yet over 90% of
organizations view their ability
to manage electronic
information as critical to their
future.
 That means that most organizations
are pretending the digital
landfill does NOT exist. Galaxy Consulting
www.galaxyconsulting.net
The information Superhighway
Solution = Information Management
Galaxy Consulting
www.galaxyconsulting.net
 The true value of information is not
its immediate use.
 The value of information
depends on two things: finding it,
and being able to use it.
 In order to effectively use
information, it must be readily available
for analysis and synthesis with other
information.
Galaxy Consulting
www.galaxyconsulting.net
Content Management
 Enterprise Content Management
(ECM) is the set of strategies,
methods, and tools used to
capture, manage, store, preserve,
and deliver content.
 These strategies, methods, and
tools allow managing content
through its lifecycle from its
creation, review, storage, and
dissemination to destruction.
 Main goals are accessibility,
findability, and re-use of content.
Galaxy Consulting
www.galaxyconsulting.net
There are few reasons to manage
content:
 Central documents repository
 Enable collaboration
 Eliminate paper records
 Automate processes
 Protect sensitive information
 Improve control of information
 Increase efficiency and productivity
 Reduce cost
 Improve legal and regulatory
compliance
 Be able to search for documents,
images, assets
Why Content Management?
Galaxy Consulting
www.galaxyconsulting.net
 A single business record can
become a great liability in a
litigation or a compliance audit.
 Litigation, regulatory compliance,
external and internal audits are
becoming increasingly important.
 Content tends to be distributed
far and wide…
and it could be misfiled or retained
longer than required…
Galaxy Consulting
www.galaxyconsulting.net
Return on Investment
1 employee = $100/hour
1 employee = 1 hour a day for information search
= 0 efficiency and productivity = $100 loss
100 employees = 1 hour a day for information search
= 0 efficiency and productivity = $10,000 loss
100 employees = 1 year for information search
(260 working days) = $ 26,000,000 lost.
 Legal Discovery or Compliance Audit +
Lack of Documents = Disaster
 The cost of a content management solution =
$500,000 – 1,500,000 – one time expense
(commercial CMS)
$0 CMS cost – open source CMS Galaxy Consulting
www.galaxyconsulting.net
 How many digital landfills are
there in your organization?
 Is the explosion of digital information
making your organization more effective or
less effective?
 Can your employees find the
information they need when they need it?
 Can your employees collaborate on
projects no matter where they are located in
the world?
Galaxy Consulting
www.galaxyconsulting.net
 Are your processes running as
smoothly as they should?
 If you were dragged into court,
would the process you use to manage
electronic information stand up to
scrutiny?
 Can your customers find the information
they need when they need it?
 Has your ability to document what
your organization did, why you did it,
who did it, and when they did it gotten
better or worse in the last 5 years?
Galaxy Consulting
www.galaxyconsulting.net
Help is available!
Galaxy Consulting
www.galaxyconsulting.net
Galaxy Consulting provides consulting services in:
 Content and knowledge management
 Records management
 Information architecture
 Enterprise search
 Document control
Taxonomy and metadata development and management
 Information governance
 Business analysis and usability Galaxy Consulting
www.galaxyconsulting.net
Eleonora Babayants
Email: eleonora@galaxyconsulting.net
Office: 650-474-0955
Mobile: 650-716-3609
www.galaxyconsulting.net
Twtter: GalaxyConsult
Facebook: Facebook.com/GalaxyConsult

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Information overload and how to deal with it

  • 1. Galaxy Consulting Information Overload and How to Deal With It Eleonora Babayants
  • 2. Galaxy Consulting www.galaxyconsulting.net Information is the oxygen of the modern age. It seeps through the walls topped by barbed wire, it wafts across the electrified borders. - Ronald Reagan A galaxy is an enormous group of hundreds of millions or billions of star systems that orbit around a common center and gravitationally interact with each other. – Wiki Answers Information networks straddle the world. Nothing remains concealed. But the sheer volume of information dissolves the information. We are unable to take it all in. - Gunther Grass Information Flow = Galaxy
  • 4. Galaxy Consulting www.galaxyconsulting.net During last ten years the volume and diversity of digital information grew at unprecedented rates. Amount of information is doubling every 18 months, and unstructured information volumes grow six times faster than structured. State of Digital Universe
  • 5. Galaxy Consulting www.galaxyconsulting.net 250 million new people on Facebook last year 800 million total
  • 6. Galaxy Consulting www.galaxyconsulting.net 30 billion pieces of content shared on Facebook every month
  • 7. Galaxy Consulting www.galaxyconsulting.net 100 million new accounts on Twitter in 2010 200 million total
  • 8. Galaxy Consulting www.galaxyconsulting.net 25 billion tweets sent on Twitter in 2010 Now over 250 million tweets sent daily
  • 9. Galaxy Consulting www.galaxyconsulting.net And a lot of other social media sites: Blogs, microblogs, wikis, social bookmarking, curated news, etc.
  • 11.  By 2011, the digital universe was 10X as big as it was in 2006 Galaxy Consulting www.galaxyconsulting.net  In 2011, the amount of digital information created in the World has exceeded 1zettabyte – it was 1.2 zettabyte = a stack of DVDs stretching to the moon and back  What is an zettabyte?  One trillion gigabytes
  • 12. Galaxy Consulting www.galaxyconsulting.net  The amount of digital information is doubling every 18 months  In 10 years there will be as many bits of digital universe as there are stars in physical universe  2020: 35 zettabytes (35 trillion gigabytes) = a stack of DVDs reaching halfway to Mars  The growth of data continues to outpace available storage capacity
  • 13. Galaxy Consulting www.galaxyconsulting.net Big data - data sets whose size is beyond the ability of commonly used software tools to capture, manage, and process the data within a tolerable elapsed time. Challenges: • capture • storage • search • sharing • analysis • visualization
  • 14. Galaxy Consulting www.galaxyconsulting.net About 30 % of the total volume of information in the Digital Universe is created by businesses and organizations … and most of it is unmanaged.
  • 16. Most of which is stored haphazardly on a variety of servers and drives And it is getting worse… Galaxy Consulting www.galaxyconsulting.net and… even filing cabinets!
  • 17. There is an increased use of: • departmental network drives • collaboration tools • content management systems • messaging systems with file attachments • corporate blogs and wikis • databases Galaxy Consulting www.galaxyconsulting.net
  • 18.  There are duplicate and untraceable documents that crowd valuable information needed to get work done.  Employees spend too much time, about 20% of their time, on average, looking for, not finding and recreating information. Galaxy Consulting www.galaxyconsulting.net  Once they find the information, 42% of employees report having used the wrong information, according to a recent survey.
  • 19. Galaxy Consulting www.galaxyconsulting.net Think about email… Only 13% of organizations have deployed an email management strategy across their organization. 56% of organizations have no policy at all relative to e-mail retention.
  • 20. Many organizations do not understand the difference between archiving and back-up. According to AIIM survey, 59% think that email is “archived” as part of back up or PST files. That amounts to little more than an e-mail digital landfill ! Galaxy Consulting www.galaxyconsulting.net
  • 21. Think about other kinds of electronic information… …many organizations have not begun to address the core process of managing electronic information... …most organizations likely have core systems to manage MONEY and PEOPLE ... …but what about INFORMATION? Galaxy Consulting www.galaxyconsulting.net
  • 22.  Over 40% of organizations have no policy for classifying electronic information as business records.  Nearly 64% of users believe that their organization understands what PAPER records are and how they should be retained.  Only 34% have the same understanding when considering ELECTRONIC records.  This means that most ELECTRONIC INFORMATION winds up in the digital landfill ! Galaxy Consulting www.galaxyconsulting.net
  • 23.  Only 41% of organizations deliver any sort of training on how to handle electronic information.  That means the CEO is going to have an awful hard time in court explaining his/her digital landfill. Think about legal exposure… Galaxy Consulting www.galaxyconsulting.net
  • 24. Think about process inefficiency…  On a scale of 1 (terrible) to 10 (excellent) how would you rate the effectiveness of your organization in managing information?  54% would give themselves a grade of 5 or less. Galaxy Consulting www.galaxyconsulting.net
  • 25.  52% of organizations have “little or no confidence” that their electronic information is accurate, accessible, and trustworthy.  …and yet over 90% of organizations view their ability to manage electronic information as critical to their future.  That means that most organizations are pretending the digital landfill does NOT exist. Galaxy Consulting www.galaxyconsulting.net
  • 26. The information Superhighway Solution = Information Management Galaxy Consulting www.galaxyconsulting.net
  • 27.  The true value of information is not its immediate use.  The value of information depends on two things: finding it, and being able to use it.  In order to effectively use information, it must be readily available for analysis and synthesis with other information. Galaxy Consulting www.galaxyconsulting.net
  • 28. Content Management  Enterprise Content Management (ECM) is the set of strategies, methods, and tools used to capture, manage, store, preserve, and deliver content.  These strategies, methods, and tools allow managing content through its lifecycle from its creation, review, storage, and dissemination to destruction.  Main goals are accessibility, findability, and re-use of content. Galaxy Consulting www.galaxyconsulting.net
  • 29. There are few reasons to manage content:  Central documents repository  Enable collaboration  Eliminate paper records  Automate processes  Protect sensitive information  Improve control of information  Increase efficiency and productivity  Reduce cost  Improve legal and regulatory compliance  Be able to search for documents, images, assets Why Content Management? Galaxy Consulting www.galaxyconsulting.net
  • 30.  A single business record can become a great liability in a litigation or a compliance audit.  Litigation, regulatory compliance, external and internal audits are becoming increasingly important.  Content tends to be distributed far and wide… and it could be misfiled or retained longer than required… Galaxy Consulting www.galaxyconsulting.net
  • 31. Return on Investment 1 employee = $100/hour 1 employee = 1 hour a day for information search = 0 efficiency and productivity = $100 loss 100 employees = 1 hour a day for information search = 0 efficiency and productivity = $10,000 loss 100 employees = 1 year for information search (260 working days) = $ 26,000,000 lost.  Legal Discovery or Compliance Audit + Lack of Documents = Disaster  The cost of a content management solution = $500,000 – 1,500,000 – one time expense (commercial CMS) $0 CMS cost – open source CMS Galaxy Consulting www.galaxyconsulting.net
  • 32.  How many digital landfills are there in your organization?  Is the explosion of digital information making your organization more effective or less effective?  Can your employees find the information they need when they need it?  Can your employees collaborate on projects no matter where they are located in the world? Galaxy Consulting www.galaxyconsulting.net
  • 33.  Are your processes running as smoothly as they should?  If you were dragged into court, would the process you use to manage electronic information stand up to scrutiny?  Can your customers find the information they need when they need it?  Has your ability to document what your organization did, why you did it, who did it, and when they did it gotten better or worse in the last 5 years? Galaxy Consulting www.galaxyconsulting.net
  • 34. Help is available! Galaxy Consulting www.galaxyconsulting.net
  • 35. Galaxy Consulting provides consulting services in:  Content and knowledge management  Records management  Information architecture  Enterprise search  Document control Taxonomy and metadata development and management  Information governance  Business analysis and usability Galaxy Consulting www.galaxyconsulting.net
  • 36. Eleonora Babayants Email: eleonora@galaxyconsulting.net Office: 650-474-0955 Mobile: 650-716-3609 www.galaxyconsulting.net Twtter: GalaxyConsult Facebook: Facebook.com/GalaxyConsult