Man with ideasGoing paperless adds significant value to an organization, but the issue of digital debris remains. Keeping digital copies of content that doesn’t add value to an organization is an unnecessary cost and could hold inherit risk.

Defining ILG and IG

Information Lifecycle Governance (ILG) is the management of your organization’s content to ensure what should be kept is kept in a specific manner, and that what should be disposed of is done so systematically. Information Governance (IG) ensures the effective and efficient use of your organization’s processes, policies, standards and metrics to help you achieve your business goals.

What are the benefits of effective ILG and IG strategies?

Add Business Value

Having current valuable content without the clutter of old and obsolete information gives organizations the insight they need to make informed business decisions.

Identify Risky and Noncompliant Content

With the right tools, you can determine if your records’ management, policies and procedures are being followed. For example, many organizations have strict policies regarding the management of credit card records. However, when Sirius consultants perform an initial evaluation, we find many organizations are not compliant. With the right systems in place, organizations can mitigate this type of risk.

Be Audit-Ready

When your content is systemically organized, the cost of audits and legal suits is significantly reduced. This will also you save time when information is needed for an audit.

Sirius works with leaders in the information management marketplace, including application vendors such as: Infor, Lawson, Oracle and SAP. Sirius also partners with leading database product, appliance, BI, big data, warehousing, storage management, security and business continuity solution providers (such as Cisco, Dell, HP, IBM, Microsoft, NetApp, VMware and more). This gives us the unique ability to see IT enterprise information management challenges, priorities and solutions across the entire data center.

You can visit https://www.siriuscom.com/solutions/information-mgmt-governance/ for more information, or contact us to request a complimentary demonstration.

Source: http://www.gartner.com/it-glossary/information-governance/