The Evolution of Information Management: What to Expect in 2016

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Regulatory Requirements

Regulatory requirements will become more stringent.

The complexity of regulatory requirements has been a longstanding issue. Rapid data growth and small staff sizes can be a significant downfall for a company but aren’t excuses for not keeping up to date with regulatory changes, practices and policies. The threat of severe penalties for non-compliance can be daunting and companies should look to outside help for establishing and maintaining IG programs to ensure ever-changing regulations do not get the best of them.

Information grows exponentially each year and 2016 will be no different for the information management industry. With information now in multiple formats, it is becoming exceedingly challenging to effectively manage it all. The influx of data has made it easier for companies to fall victim to compliance violations, data loss or security breaches because they neglected to establish proper information governance.

Information governance (IG) is the set of processes and policies implemented to manage information and meet regulatory and legal requirements. In previous years, the conversation centered on why IG is essential. Those conversations have established a groundwork for getting the right solutions in place for 2016. However, governing information is not as easy as flipping a switch when the industry continues to change and evolve.

As evidenced in 2015, technology has presented itself as a double-edged sword for information. While cloud-based technology makes information more easily available for business users, it also creates more risk by increasing the chance for a data breach. IG is meant to help mitigate this risk, but the industry is not going to pause while a company puts its strategy in place. In this slideshow, Phyllis Elin, director of information governance for Recall, has identified five trends businesses should expect from information management in 2016.

Phyllis Elin, Recall’s Director of Information Governance, is a Certified Records Manager (CRM) whom has been in the field of Records and Information Management for over twenty five years.

 

Related Topics : A Big Market for Big Data Jobs, Midmarket CIO, IT Management Automation, SharePoint, Technology Markets

 
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