Like the physical universe, the digital universe is vast - by 2020 containing nearly as many digital bits as there are stars in the universe.
The business universe today is a frontier of exponential information growth.
- Collaborative Spaces
- External Collaboration
- Statistical Analysis & Modeling
- Social Media
- Regulatory Systems
- Cloud Storage
- Records Management
- Instant Messaging
The Age of Application Decommissioning
The stark reality is, today legacy applications are of low value to a business, but they must be maintained and supported to ensure access to the data they hold which is often required to meet compliance regulations and support reporting, audit or legacy discovery. These applications are often no longer supported by the vendor or are on legacy infrastructure and require specialized knowledge to maintain. As a result, they are expensive to retain and may represent a risk to the organization.
Leading archiving solutions today archive legacy data so that the system can then be switched off, eliminating all associated costs. Simply put, archive solutions allow legacy applications to be shutdown and decommissioned, which saves massive costs associated with supporting and maintaining lagging and burgeoning applications.
Why is application decommissioning an astronomical mission for today's progressive enterprises?
The digital universe is growing 40 percent a year into the next decade, expanding to include not only the increasing number of people and enterprises doing everything online, but also all the things – smart devices – connected to the Internet, unleashing a new wave of opportunities for businesses and people around the world.
Many organizations — particularly those in the banking, brokerage, pharmaceutical, insurance, manufacturing, telecom and public sector — are facing massive pressure to comply with regulations and rules that apply to multinationals and public companies generating vast volumes of data from multiple applications.
Through implementing an archive program, organizations can start managing the exponential growth of information in a complaint fashion while maintaining information governance.
By definition, archiving at an enterprise level means that data from all business applications are archived in a consistent way into an enterprise archive solution. An enterprise archiving solution addresses everything from information management to data bloat. The archived data is then accessible for all business needs and will meet retention and other compliance requirements.
The benefits of archiving are beyond dispute.
With trends in information storage moving more to cloud computing, big data and information protection, organizations require complete solutions for enterprise archiving that are built to allow the user to find the information they need, regardless of the application that created it.
Significant cost reductions can be achieved by adopting a holistic enterprise archive platform, including significant savings back to the organization, return IT spend for innovation and investment, a stellar decrease in IT portfolio and, overall, an increase in enterprise efficiency, productivity and operational functionality.
What's more, large enterprises that generate substantial and growing volumes of data from business applications must comply with a wide range of regulations, especially long-term data retention policies. Businesses today now risk fines, sanctions or reputational damage if data is not retained or secured.
Today, enterprises are seeking enterprise information management strategies and solutions designed to archive inactive information from legacy applications - positively impacting the entire enterprise.