The best predictions are the ones which appear extravagant at the time and obvious 12 months later.
Eddie Sheehy, CEO of Nuix, has made his Forensic Foresight and Data Divinations for 2015. The subjects – that cybersecurity is not going away, that data in the cloud must be searchable, that organisations will want to search across all data and not individual silos, and that investigators need data access everywhere – are not the primary message which Eddie Sheehy wants to convey.
The observation which matters is that information governance will move from being a theoretical ideal to something companies will actually engage in.
The central part of his prediction lies in the three points in the middle of the article – the need to understand what is in an organisation’s data, the need to classify it by value (“really important”, “really useless” etc), and the need to apply an action to the classified data, such as moving or deleting it.
The first phase of discussion about these things focused solely on cost and was hampered by the difficulty of quantifying either the amount to be spent or the amount to be saved. The discussion has shifted now, driven on the one hand by cybersecurity and regulatory fears, and on the other by the realisation that data contains value which cannot be realised as business information if it cannot be found. The pure accounting metric of costs versus saving or profit remains important, but survival and competitiveness lack quantifiable value tags.
Read Eddie Sheehy’s points in twelve months’ time, and you will wonder that any organisation ever doubted that these things matter.