AsLiabsilityeor atn ?
Stratify delivers a more
intelligent way to organize and
mine unstructured data
By Debby Young
Ramana Venkata,
Senior Vice President
and General Manager
of Stratify, an Iron
Mountain company.
Technology incorporates
statistical analysis,
pattern recognition
and linguistics analysis
to make sense of
unstructured data.
NINETY-FIVE PERCENT OF ALL
information that humans create
is unstructured. The challenge
for all of us is to know what’s
out there and what subset of it
is relevant to our lives, our jobs,
our missions. Each of us wants
to get that information and
understand it before other people do, and make sure that we
can benefit from that advance
knowledge.
BOTTOM LINE
Providing documents
in response to a legal
challenge can be a
costly, time-draining
endeavor. Organizations can take
advantage of new
solutions to quickly
search, organize and
categorize unstructured and structured
data to optimize
litigation readiness.
The 2007
scandal involving lead-tainted
toys manufactured in China
illustrates just
how critical the
need for structured data has
become. The
situation is a
legal nightmare for U.S. distributors and retailers. Attorneys
are scrambling to sift through
terabytes of emails, contracts
and other documents to assess
potential liability. Countless
billable hours are being spent to
determine whether the companies involved in the manufacturing and distribution process
might have known of the defects
and did not issue a timely recall
or change their manufacturing and inspection procedures
accordingly. Investigating who