New research from HP has found that 98% of organizations can’t find information and most fail to use their internal data to make key enterprise decisions.

So do you know where your data is?

Almost 50 percent of business and technology executives surveyed by Coleman Parkes Research on behalf of HPs said they don’t have effective information strategies that cut across organizational silos, technologies and strategic functions.

Just 2 percent of executives said their IT organization can immediately provide the information needed to gain insight 100 percent of the time. One in three executives said that more than half of the information within their organization remains unconnected, undiscovered and unusable.

The survey involved 554 interviews among senior business and technology executives in enterprise-level companies with more than 1000 employees across North America, Europe, the Middle East, Asia and Latin America.

This potential market is undoubtedly behind HP’s release of Idol 10, software designed to give companies the means to analyse large amounts of unstructured data.

The technology behind Idol was developed by Autonomy, a company acquired by HP for $10 billion during the summer. HP says the new software will

‘enable organizations to automatically understand and act on a combination of human and extreme information by identifying ideas and patterns in place and in real time’.

We quite like the idea of extreme information, makes database work sound cool and exciting.

However, closer examination of what HP means is slightly less exotic.

The extreme information is the data from sensors and tags, which is extreme in the sense of there being an awful lot of it. Idol 10 is designed to help analyze this, and also to help organizations discover and act on information such as the data found in video, audio, email, texts, and social media that HP says accounts for 85 percent of the world’s data.

More Information:

Idol 10

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