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