5 Reasons You Need To Implement An Unstructured Data Strategy Now

11
An Unstructured Data Strategy Now… 5 Reasons You Need To Implement Before You Need To Surrender

Transcript of 5 Reasons You Need To Implement An Unstructured Data Strategy Now

An Unstructured Data Strategy Now…

5 Reasons You Need To Implement

Before You Need To Surrender

80% of data in the

enterprise

is unstructured!

It’s Common Knowledge:

What is the future of unstructured

data in the enterprise?

What losses will businesses face if they leave their data unstructured?

Important Questions To Consider

1. The majority of unstructured data

is in text-based files

E-Mails

Word Docs Text Files

Valuable Business Insights

PDFs PowerPoints

extract valuable business insights

2. With the proper technologies

NLP

Text Mining

Data

Analytics

Concept

Tagging

Sentiment Analysis

Predictive Analytics

So What Are Companies Doing?

80% of organizations currently manage or plan to manage their

documents

60% of organizations already have an unstructured data plan in

place for e-mails

3. Unstructured Data Projections

yearly annual growth rate of 64%

44 zettabytes of data by 2020

data volumes will grow 800% by 2020

4. Did You Know?

According to IDC, an average enterprise with approximately 1,000 workers wastes anywhere from $2.5 million to $3.5

million each year:

• Not finding information that does exist

• Searching for information that does not exist

• Recreating information that can’t be retrieved

80% of business is

conducted using

unstructured data!

5. Why Do You Need These Technologies?

• Emails• PPT Presos• Word Proposals• PDF Contracts• Live Chat Logs

Begin Mining Your Data NOW

• Uncover new sources of revenue

• Find new ways to cut costs

• Gain a competitive advantage

For more information, check out our blog at www.databahn.com/blog

@844databahn

Databahn

databahn

Follow us on social

media!