New buzzword: Information governance

governance and electronic investigation, has released its 2012 trends commentary "eDiscovery: Where are we going in 2012?", The San Francisco Chronicle reports.

Nuix CEO Eddie Sheehy maps out how organisations can begin to manage the staggering volumes of new information generated by global organisations each day.

Sheehy's conclusion is that this tidal wave of electronic information will reach a tipping point, forcing organisations to take a more proactive approach to data management, and that companies with advanced e-discovery tools already in place are best positioned to do this.

According to Ontrack Data Recovery, businesses are likely to spend more on compliance and information governance in 2012 in a bid to reduce risks and improve data recovery.

According to Vijay Mhaskar from Symantec, writing for Information Week, information governance is to become a buzzword in 2012 and will be one of the year's biggest storage and backup trends.

"Information is the great enabler, and the great disabler depending on how it is managed. Companies that will gain control over the risks and costs by protecting their information will enable the adoption of new mobile, social media and cloud technologies," he explained.

However, he added that firms that cannot control or protect their data could drown under it, as poor governance will prevent the introduction of new technologies and cause them to spend more on compliance and e-discovery.

"The fact is that the 'keep everything' approach will no longer work in 2012," said Sheehy. "Organisations must adopt a 'less is more' strategy to avoid the cost and risk associated with information overload."