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Top Challenges of Information Management

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Top Challenges of Information Management


Managing the information stored in your system can be tedious.

Information management is crucial because of several reasons; it can make or break a task.

Information management is the process in which the data stored on a system has to be updated time and again, to maintain its authenticity. It also deals with storing the correct data and allowing users to retrieve it. Information management is considered important to maintain the relevance of data. However, just like its benefits, information management has its own set of challenges as well.

1. Improper Gathering of Information & Limited Awareness 

Organizational data is at times difficult to process, and even more difficult to read. If there is no schema being followed, all you gather is data, not information.

2. Potential Time Stamping Issues

Timestamps help keep record of which event happened when. Major decisions are taken based on these timestamps. However, these timestamps are not always accurate and can mislead.

3. Difficulties in Recording Tasks

As a task consists of several teams and those teams further involve many people. During this phase, the data that is being recorded on the system is coming from multiple sources. A mistake in storing these sets of data in a uniform manner can lead to improper data storage.

4. Trust, Data Bias & Leaks

As the data is being stored in a rather improper manner, the data that will be accessed cannot be trusted. Besides, this data can be difficult to find and access.

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5. Lack of Adequate Resources

During a crisis, immediate situational awareness is of utmost importance. Empowering immediate querying, as when an emergency manager arises can enhance such awareness.

Conclusion

Information management, despite having its benefits, has its own set of drawbacks and challenges.

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Such challenges can be addressed with the help of technologies to overcome the barriers of information management. Proper technology for every challenge will only help enhance the opportunities that are available to the companies.



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TECHNOLOGY

IDC predicts cloud infrastructure spending this year will hit $90.2B

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IDC predicts cloud infrastructure spending this year will hit $90.2B


IDC forecasts that cloud infrastructure spending will exceed $90 billion in 2022.

In Q1 2022, IDC found that spending on compute and storage infrastructure products for cloud deployments – including dedicated and shared environments – increased 17.2 percent year-over-year to $18.3 billion.

The firm’s analysts note the strong growth is despite “tight supply of some system components and disruptions in transportation networks.”

Dedicated cloud infrastructure spending increased an impressive 20.5 percent year-over-year in Q1 2022 to reach $5.9 billion. 47.8 percent of the infrastructure was deployed on-prem.

Spending on shared cloud infrastructure also continues to grow healthily with $12.5 billion spent in Q1 2022, a 15.7 percent year-over-year increase. IDC expects spending on shared cloud infrastructure to surpass non-cloud infrastructure for the first time in 2022.

Overall, IDC forecasts cloud infrastructure spending to grow 22 percent in 2022 compared to 2021 to hit $90.2 billion.

Long-term, the company expects spending on compute and storage cloud infrastructure will have a compound annual growth rate of 14.5 percent between 2021-2026 to reach $145.2 billion.

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(Photo by Giorgio Trovato on Unsplash)

Want to learn more about the cloud from industry leaders? Check out Cyber Security & Cloud Expo taking place in Amsterdam, California, and London.

Explore other upcoming enterprise technology events and webinars powered by TechForge here.

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