NDLI: Understanding the dynamics of information management costs

Content Provider	ACM Digital Library
Author	Tallon, Paul P.
Abstract	Introduction Over the past decade, the mountains of data accumulating within firms - expanding at an annual rate of 30-50% and fueled in part by recent legislation such as SEC Rule 17a-4 mandating the retention of electronic communications (for example, email and instant messaging) in financial services firms for periods of up to three years - has forced information technology (IT) executives to ask how should this data deluge be managed. Intel, whose data warehouse is currently estimated at over 30 petabytes has increased its data storage by an average of 35% annually with the expectation that, if current trends continue, its data center could expand to 165 petabytes by 2014. Yet even as data volumes climb, causing data centers to double in size every other year, an innovation-led drop in annual per-gigabyte storage costs of between 35-45% (see Figure 1) has failed to halt the rise in storage spending. With organizing and utilizing data now seen as one of the most critical issues facing firms worldwide, IT executives note that non-discretionary IT spending - 25% of which covers information management costs and storage infrastructure, in particular - has now reached a point where strategic IT initiatives are at risk. Hence, CIOs have a pressing need to understand the dynamics of information management costs and their ability to control these costs through carefully chosen policies governing data collection and retention. Knowing how these costs behave, CIOs can continue to support the data needs of their firms without limiting their IT goals. To begin this process, we examine a tiered information framework that, by considering the value of information, allows CIOs to comprehend the interplay of market forces that shape information costs. Lastly, we review several challenges posed by our framework that future academic research can help to resolve.
Starting Page	121
Ending Page	125
Page Count	5
File Format	PDF
ISSN	00010782 15577317
DOI	10.1145/1735223.1735253
Journal	Communications of the ACM (CACM)
Volume Number	53
Issue Number	5
Language	English
Publisher	Association for Computing Machinery (ACM)
Publisher Date	2005-08-01
Publisher Place	New York
Access Restriction	One Nation One Subscription (ONOS)
Content Type	Text
Resource Type	Article
Subject	Computer Science Computer Science

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in

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