Businesses have never had as much data on their hands as they do now. The vast majority of this data is unstructured data. In fact, computerweekly.com puts it even more plainly when they say this,
An often-cited statistic is that 80% of business data is unstructured, be it in word processor, spreadsheet and PowerPoint files, audio, video, sensor and log data, or external data such as social media feeds.
This is a lot of data no doubt, but one must learn how to manage data in a more structured way.
The how to manage data tip that all business owners need to know about are the conversion products that are now available for business owners. This is to say that there are products which can take all of that unstructured data and turn it into something much more organized. Having that data placed into an organized structure makes it more accessible and easier to understand.
Crawling through the large volumes of data for vital statistics is going to be part of what any organization wants to do. It is sort of like that phrase “cut to the chase”. We all need to be able to take away some of the less relevant data to see the picture of what we are looking at with the important stuff. Having great filtering tools for databases is something worth investing in as they will help business owners save a lot of time.
Maintaining Data Over Time
The biggest challenge that one faces once they have collected together and categorised all of their data is the maintenance of that data. It is critical that no data is leaked out by mistake and that the data is available whenever it may be needed. That is, of course, a lot easier said than done, but with proper work towards that goal, it is possible.
Feel free to contact us today and get more information on how to manage data that you have.