Data Hoarders

In a conversation today the term "data hoarder" came up to explain the mentality of certain organizations that want, by all accounts, to keep each and every piece of data. This is becoming more and more pervasive among peers as the legal departments are more fearful of litigation than before. I don't believe that this is the best way of dealing with the problem but the overall costs associated with storing that data is astounding. In some accounts, the cost of storing data for legal accounts to over 10% of the cost of IT. That was about $20 million. Proper data attention plans need to be driven and listened to by legal departments as the overhead cannot be managed in these cost cutting times.