The solution, according to the company, aims to provide businesses with critical visibility into their unstructured data and empower informed decisions about what critical information to retain and what to delete for compliance, business value and discovery.
In lines with this, the Veritas Data Genomics Index, released recently, revealed that 41 percent of data has not been modified in a typical corporation and is three or more years old.
“In today’s digital age, virtually every organisation struggles with the challenges brought on by exponential data growth with the average business spending as much as $20.5 million annually on stale data,” said Greg Muscarella, Senior Vice President and General Manager, Veritas Information Intelligence. “To manage their data deluge, most seek to expand their existing infrastructure. However, a proactive information governance strategy can deliver significant bottom line results while reducing risk. Enterprise Vault 12 and Data Insight 5.1 deliver critical innovations that empower organizations to gain visibility into their data and make smart decisions.”
Veritas highlighted that the Enterprise Vault 12 introduces a centralised, high-performance, highly flexible classification framework that simplifies identifying meaningful or regulated information while deleting the non-essential. Using Veritas’ patent-pending technology or a compatible classification engine, Enterprise Vault 12 automatically classifies ingested content including emails, files, SharePoint, instant messaging, and social media. Additionally, as an archive vendor, Veritas provides customers that have petabytes of already archived information the ability to re-classify it in a manner that helps them better adjust their long-term information-retention.
Other new capabilities include:
- Intelligent Review – streamlines supervision of archived content by prioritising relevant items for review and culling non-relevant items utilising a continuously learning engine.
- Gated Deletion – improves compliance by ensuring archived information is deleted only if it meets current retention policies. Organisations can now perform a policy check before expiration or user deletion.
- Image OCR (optical character recognition) – enables search and discovery of archived images by extracting embedded text from images for indexing and classification.
- Enterprise Vault Search – simplifies and speeds access to archived information with a new enhanced, intuitive interface.
Meanwhile, Data Insight 5.1 introduces new support for Box, delivering the broadest ability to identify sensitive information across the enterprise, from on-premises storage to the most popular cloud options. It also offers enhanced remediation workflows to make access and permissions changes as automated and repeatable as possible, with easy access via a self-service portal. Veritas is able to uniquely deliver this capability at petabyte scales, by quickly scanning billions of file attributes and user activity.