A global survey undertaken by HP found that less than half of business decision-makers have a high confidence level in the quality and accessibility of information within their organisations.
Most organisations remain ill-equipped to manage information for electronic discovery requests in a timely and cost-effective manner. This is due to the lack of a proactive strategy, solutions and funding to properly address requests.
When asked which “information-centric” projects they would spend on in the next two years, respondents noted document workflow transformation, records management and e-discovery/compliance.
However, companies are still struggling with these fundamental requirements, primarily because they don’t understand the requirements for responding to e-discovery requests. In addition, they lack the funding for the right technology solutions to support finding the information they need.
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Source: idm.net.au
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