Credit: IRStone/Adobe Stock Credit: IRStone/Adobe Stock

One of the most prominent challenges facing global businesses today surrounds the deluge of massive data growth and the risk it presents to companies as the management issues of this data take shape. This risk comes in several major forms, including the legal/regulatory exposure from investigations and litigation, ongoing cybersecurity vulnerabilities and unsustainable increased spend on its storage.

According to Gartner Research, people generate 2.5 quintillion bytes of data (2.5 million TB) each day, with nearly 90% of all that data being created in the last two years alone. As a result, unstructured data (or data that is not arranged according to a pre-set data model or schema and therefore cannot be stored in a traditional relational database) is a major problem for 95% of businesses.

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