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Galaxy Consulting
 Eleonora Babayants, MLS
Information Flow
                                              = Galaxy
                                         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.        Information is the oxygen of the
Nothing remains concealed. But the              modern age. It seeps through the
sheer volume of information dissolves           walls topped by barbed wire, it wafts
the information. We are unable to take it       across      the     electrified   borders. -
all in. - Gunther Grass                         Ronald Reagan
                                        Galaxy Consulting
                                  www.galaxyconsulting.weebly.com
Galaxy Consulting
www.galaxyconsulting.weebly.com
State of Digital Universe
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.




                                 Galaxy Consulting
                           www.galaxyconsulting.weebly.com
250 million
   new people
  on Facebook
    last year

800 million total


                      Galaxy Consulting
                www.galaxyconsulting.weebly.com
30 billion
pieces of content
   shared on
   Facebook
  every month



                          Galaxy Consulting
                    www.galaxyconsulting.weebly.com
100 million
new accounts on
 Twitter in 2010
200 million total




                         Galaxy Consulting
                   www.galaxyconsulting.weebly.com
25 billion tweets
     sent on
  Twitter in 2010
    Now over
  250 million
 tweets sent daily

                      Galaxy Consulting
                www.galaxyconsulting.weebly.com
And a lot of other social
     media sites:
  Blogs, microblogs,
         wikis,
 social bookmarking,
  curated news, etc.




                           Galaxy Consulting
                     www.galaxyconsulting.weebly.com
Galaxy Consulting
www.galaxyconsulting.weebly.com
   By 2011, the digital universe was

                10X
         as big as it was in 2006


  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.weebly.com
 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.weebly.com
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
                                         Galaxy Consulting
• visualization                    www.galaxyconsulting.weebly.com
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.weebly.com
Galaxy Consulting
www.galaxyconsulting.weebly.com
Most of which is stored
haphazardly on a variety of
    servers and drives

and… even filing cabinets!




                                         And it is getting worse…

                            Galaxy Consulting
                      www.galaxyconsulting.weebly.com
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.weebly.com
 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.


Once they find the information, 42% of
employees report having used the
wrong information, according to
a recent survey.
                                     Galaxy Consulting
                               www.galaxyconsulting.weebly.com
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.




                                 Galaxy Consulting
                           www.galaxyconsulting.weebly.com
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.weebly.com
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.weebly.com
 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
                                              Galaxy Consulting
landfill !                              www.galaxyconsulting.weebly.com
Think about legal exposure…



 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.



                                  Galaxy Consulting
                            www.galaxyconsulting.weebly.com
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.weebly.com
 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
                                             Galaxy Consulting
       landfill does NOT exist.        www.galaxyconsulting.weebly.com
Solution = Information Management
   The information Superhighway




               Galaxy Consulting
         www.galaxyconsulting.weebly.com
 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.weebly.com
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.weebly.com
Why Content Management?
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,             Galaxy Consulting
                                         www.galaxyconsulting.weebly.com
images, assets
 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…

  A single business record can
   become a great liability in a
 litigation or a compliance audit.

                                         Galaxy Consulting
                                   www.galaxyconsulting.weebly.com
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.weebly.com
 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.weebly.com
 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?

 Can your customers find the information

      they need when they need it?

    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
                                                Galaxy Consulting
              scrutiny?                   www.galaxyconsulting.weebly.com
Help is available!
         Galaxy Consulting
   www.galaxyconsulting.weebly.com
Galaxy Consulting
Galaxy Consulting provides
consulting services in:
 Content and knowledge
management
 Records management
 Information architecture
 Enterprise search
 Document control
Taxonomy development and
management
 Information governance
                                          Galaxy Consulting
 Business analysis and usability   www.galaxyconsulting.weebly.com
Galaxy Consulting
     Eleonora Babayants, MLS
Eleonora.Babayants@gmail.com

www.galaxyconsulting.weebly.com

Office: 650-474-0955

Twitter: GalaxyConsult

Facebook:

www.facebook.com/GalaxyConsult

Blog: www.galaxyconsulting.blogspot.com

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Managing Digital Information in the Modern Age

  • 1. Galaxy Consulting Eleonora Babayants, MLS
  • 2. Information Flow = Galaxy 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. Information is the oxygen of the Nothing remains concealed. But the modern age. It seeps through the sheer volume of information dissolves walls topped by barbed wire, it wafts the information. We are unable to take it across the electrified borders. - all in. - Gunther Grass Ronald Reagan Galaxy Consulting www.galaxyconsulting.weebly.com
  • 4. State of Digital Universe 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. Galaxy Consulting www.galaxyconsulting.weebly.com
  • 5. 250 million new people on Facebook last year 800 million total Galaxy Consulting www.galaxyconsulting.weebly.com
  • 6. 30 billion pieces of content shared on Facebook every month Galaxy Consulting www.galaxyconsulting.weebly.com
  • 7. 100 million new accounts on Twitter in 2010 200 million total Galaxy Consulting www.galaxyconsulting.weebly.com
  • 8. 25 billion tweets sent on Twitter in 2010 Now over 250 million tweets sent daily Galaxy Consulting www.galaxyconsulting.weebly.com
  • 9. And a lot of other social media sites: Blogs, microblogs, wikis, social bookmarking, curated news, etc. Galaxy Consulting www.galaxyconsulting.weebly.com
  • 11. By 2011, the digital universe was 10X as big as it was in 2006  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.weebly.com
  • 12.  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.weebly.com
  • 13. 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 Galaxy Consulting • visualization www.galaxyconsulting.weebly.com
  • 14. 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.weebly.com
  • 16. Most of which is stored haphazardly on a variety of servers and drives and… even filing cabinets! And it is getting worse… Galaxy Consulting www.galaxyconsulting.weebly.com
  • 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.weebly.com
  • 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. Once they find the information, 42% of employees report having used the wrong information, according to a recent survey. Galaxy Consulting www.galaxyconsulting.weebly.com
  • 19. 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. Galaxy Consulting www.galaxyconsulting.weebly.com
  • 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.weebly.com
  • 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.weebly.com
  • 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 Galaxy Consulting landfill ! www.galaxyconsulting.weebly.com
  • 23. Think about legal exposure…  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. Galaxy Consulting www.galaxyconsulting.weebly.com
  • 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.weebly.com
  • 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 Galaxy Consulting landfill does NOT exist. www.galaxyconsulting.weebly.com
  • 26. Solution = Information Management The information Superhighway Galaxy Consulting www.galaxyconsulting.weebly.com
  • 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.weebly.com
  • 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.weebly.com
  • 29. Why Content Management? 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, Galaxy Consulting www.galaxyconsulting.weebly.com images, assets
  • 30.  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…  A single business record can become a great liability in a litigation or a compliance audit. Galaxy Consulting www.galaxyconsulting.weebly.com
  • 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.weebly.com
  • 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.weebly.com
  • 33.  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?  Can your customers find the information they need when they need it?  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 Galaxy Consulting scrutiny? www.galaxyconsulting.weebly.com
  • 34. Help is available! Galaxy Consulting www.galaxyconsulting.weebly.com
  • 35. Galaxy Consulting Galaxy Consulting provides consulting services in:  Content and knowledge management  Records management  Information architecture  Enterprise search  Document control Taxonomy development and management  Information governance Galaxy Consulting  Business analysis and usability www.galaxyconsulting.weebly.com
  • 36. Galaxy Consulting Eleonora Babayants, MLS Eleonora.Babayants@gmail.com www.galaxyconsulting.weebly.com Office: 650-474-0955 Twitter: GalaxyConsult Facebook: www.facebook.com/GalaxyConsult Blog: www.galaxyconsulting.blogspot.com