Are you sitting in data jail -- trapped in a world of e-mail demands from an impatient head office or needless missives from staff intent on bombarding you with information so they can convince themselves they have covered their backs?
Data jail is an increasingly unpopular yet populous destination for executives whose inboxes are inundated with the valuable and the worthless -- with no way of telling which is which.
Executives receive an average 7 megabytes of e-mail data every day, fuelling the corporate storage systems to their point where they now double every year, according to US-based Osterman Research.
For those suffering data overload, the bad news is the situation will not improve. Leading analyst firm IDC predicts daily e-mail numbers will increase from 2.6 trillion to 9.2 trillion within two years.
-We have just seen the first wave," says Peter Williams, chief executive of Australia's largest Web development company, The Eclipse Group. -The arrival of ubiquitous high-speed wireless broadband networks and 3G phones will make today's e-mail volumes appear small indeed."
At least a third of e-mail is occupational spam, according to Tony Hughes, local boss of specialist e-mail software vendor, Hummingbird. Garbage in the inbox, like e-Christmas cards and notes announcing a lady in reception selling books, is weighing down networks.
John Duckett, general manager for IT at law firm Phillips Fox, confirms Hughes's assertion, saying that of 13,000 e-mails received externally each day, an average 3500 are caught in his anti-spam net.
Delete mail, go to jail
Yet companies are reluctant to press the -delete" button for fear of breaching new corporate regulations aimed at stopping horror episodes such as the HIH and OneTel collapses, which were in large part due to a lack of corporate accountability and governance.
The Corporations Law Economic Reform Policy -- Australia's toned-down version of the US Sarbanes-Oxley Act -- has chief executives demanding every scrap of data is kept just in case something bad happens and an auditor from the Australian Security and Investments Commission (ASIC) takes the lift up to their office.
-The Australian legislation is a more principled approach than the prescriptive stand taken in America," says Hughes. -However, there remains an obligation to not just report the financial figures accurately but to show the substance behind those figures. E-mail threads discussing ways in which fiscal results should be reported would be covered by the legislation." This means almost all corporate e-mails are now captured and stored because this is the medium where so much management and decision-making is conducted. IT research specialist Gartner claims 35 percent of any large company's -know-how" resides on e-mail.
3%
2%
