Recommind, a leader in dealing with unstructured data management,  has devised the first Information Governance Suite to help organisations keep the right data for legal, regulatory and business purposes. It will allow companies  to comply with the ever increasing regulatory burden whilst maintaining employee and customer data privacy.

Regulatory burden

‘We’ve reached an inflection point in the history of information,’  said Recommind CEO Bob Tennant. ‘Ninety percent of all data on the planet was created in the last two years, and the cost of managing and organising it all is becoming unsustainable.’ He added that manual approaches to information governance were failing.  ‘Employees are wasting time and money searching for information and re-creating content they couldn’t find. Legal staff can’t respond quickly to litigation or regulatory demands. It is difficult for executives to get at the information they need to create value and make good business decisions. Organisations are desperate for better ways to find, index, understand and act on the huge amounts of data they generate every day.'

Human expertise
                            
Built on Recommind’s patented CORE® platform, IGS consists of four tightly integrated modules for data management, early case assessment (ECA), collection and review and analysis. Unlike traditional governance solutions, IGS features Predictiv Governance, which combines machine-learning technology with human expertise to automate tasks such as data identification, retention, migration, management and deletion.
The company points out that electronically stored information is increasing over the next five years at an estimated compound annual growth rate of 50 per cent. The US Department of Energy has implement Recommind’s technology to address its information challenges, with the technology crawling and indexing content and metadata from emails, tagging them by defined categories.

For more information on Recommind Information Governance Suite, click here.