Our world is overflowing with data. By 2025, experts anticipate there will be 180 zettabytes of global data. That is an abundance of information. Managing all of this data, however, is a huge responsibility. It could cost a lot of money and even harm the environment if we do not.
What Happens When We Waste Data
All of this data storage requires energy. That energy is frequently derived from non-renewable sources. Data centers storing all this information are adding to carbon emissions. What’s more, there is not enough accountability for data management. Some businesses are wasting money storing unused and unwanted data.
How Business Owners Feel the Pinch
For business owners, especially in the IT sector, this is a big problem. Many spend a lot of money storing data they never use again. This waste is increasing as businesses collect more data. This puts a lot of pressure on IT leaders. 75% of them find managing excess data storage a significant stressor.
Recognizing When We Waste Data
To fix the issue, we first have to recognize the problem. Here are five signs your business might have data waste:
- If you are not adding the correct metadata.
- If you think the data has no purpose after you have used it once.
- If your team does not see value in the data.
- If there is poor communication between your teams.
- If your team is finding it hard to interpret the data.
Tips for Better Data Management
Avoiding data waste is about more than just having good tech. It is about changing how your team thinks about data. It starts with knowing what data you need and how to use it. Here are a few steps you can take:
- Equip your IT team with the right digital tools to manage data.
- Make a good plan for how you will handle data.
- Move your data into the cloud with the help of hyperscale providers.
- Invest in proper training and best practices.
Don’t Drown in Data
Managing data properly has become critical. You can make better decisions by understanding what your data is worth and the impact of storing it. Teach your team to understand data. Make a good plan for handling data. Give your IT team the tools they need. Instead of stressing about managing data, turn it into a chance to make your business run smoothly, save money, and protect the environment.