Question

According to recent surveys regarding Big Data and its impacts, approximately 25………………. percent of information stored in organizations has real business value, while 5……………. percent must be kept as business records and about 1…………… percent is retained due to a litigation hold.

Answer 1

Answer:

25%, 5%, 1%

According to recent surveys regarding Big Data and its impacts, approximately 25 percent of information stored in organizations has real business value, while 5 percent must be kept as business records and about 1 percent is retained due to a litigation hold.

Explanation:

From the above answer, we find out that it is only ideal to keep a total of 31% of information or data in an organization.

The remaining 69% of information that is kept in a business or organisation can be easily removed with posing any threat to the organization or causing any legal problems.

Any information that has no important business, legal or regulatory value to the company should be removed. This helps the business to be productive and make it easier to abide by any rules or regulations from any regulatory body.

The higher the percent of data or information a company has , the higher the cost or amount of money required to keep an IT department functioning.

If there is a reduced amount of data in a company, the amount of money required to keep the IT department running would be greatly reduced and this money can be used by the organization to make important investments that can develop and benefit the organization.