From Europe’s recently passed General Data Protection Regulation and upcoming Privacy Shield to concerns over data-breaches, e-discovery processes, and HIPAA regulations, the need for information governance and compliance is as acute as it has ever been.

A recent survey by Acaveo and Osterman Research of 100 enterprises found that companies by and large understand the importance of information governance, with 70 percent citing regulatory risks and 66 percent citing the need to void any data risks as driving their IG adoption. An additional 75 percent cited the cost savings IG can bring to storage costs as well.