Data has exploded over the last several years in both volume and value. The explosion in volume may mean that you, rather you on behalf of your employer, ingest, process, and store significant amounts of data. However, this process is potentially missing a piece, namely, getting rid of the data. In many cases there is a fear about doing this data clean-up, a mindset of “we might need that someday” where need means “we are afraid we missed some value in that data. This leads to data hoarding. Data hoarding brings risk. At the end of this session you will have:
A better understanding of what data hoarding is
A better understanding as to the risks of data hoarding
Ideas of ways to address data hoarding in existing data stores
Ideas of ways to prevent data hoarding in future projects