Veritas is delivering insights into business data composition with the release of its Veritas Data Genomics Index.
The company has also advanced retention and risk mitigation with new innovations to Enterprise Vault 12 and Data Insight 5.1 that improve information governance.
Veritas new benchmarking report indicates that more than 40 percent of files have remained untouched for three years, creating an opportunity for businesses to positively impact their bottom line costs.
The Genomics Index is said to be the first report to provide accurate insights into today's enterprise data environment and act as a comparison standard.
"One thing we hear all the time from our customers is they're struggling with two competing forces of nature -the exponential data growth curve, and the restriction of resources and budget to fight it with new servers and applications," said Steve Vranyes, CTO, Veritas. "By aggregating Veritas' unique understanding of key metadata characteristics we can surface an accurate representation of the average data environment. These insights will change the crippling growth dynamic enterprises are faced with today."
Domination of developers
Veritas Data Genomics Index indicates that images, developer files and compressed files take up about one third of the total environment.
Data goes from potentially relevant to stale in three years (with the exception of regulatory or compliance requirements). Forty-one percent of the average environment is stale, or unmodified in the past three years.
Orphaned data or data without an attributed owner is often out of sight and out of mind for organisations and it is costing them. This type of data tends to be content rich file types like videos, images and presentations.
Veritas' new innovations to Enterprise Vault 12 and Data Insight 5.1 include advanced classification, support for Box, and automated remediation workflows.
These innovations provide businesses with critical visibility into their unstructured data and empower informed decisions about what critical information to retain and what to delete for compliance, business value and discovery.