What is Data Reduction?
Data Reduction
In today’s data-driven environment, ‘data reduction’ sounds like something many businesses could benefit from. The digital lifestyle of today requires internet access for almost everything. This has caused a massive increase in file size, cloud storage and data protection issues.
Data reduction is the process of organising and simplifying the amount of stored data that a business holds. It doesn’t necessarily involve removing data, just simplifying and arranging it more efficiently.
The goal is to make data sets smaller, therefore making them easier to manage, store and analyse.
Streamlining stored data offers significant cost, operational and security benefits, so give IRM a call today to discuss your data reduction needs.
IRM Consulting have the skills, knowledge and expertise to guide your business through the process of data reduction.
How Can IRM Consulting Help?
As humans, having too many choices can become a burden and slow us down. This theory also applies to data systems and cloud storage; when the data store is unnecessarily large, retrieving information and choosing direction is more difficult. So, maintaining a clean, organised data store can be hugely beneficial.
- Save Energy
Reducing your data load means that you’ll need less disk space. - Cost
Less disk or cloud storage means lower costs. Data reduction can also help increase the life of storage systems. - Improve Efficiency
The workplace will become more streamlined through faster responses, reduced downtime, improved accuracy. - Better Security
A smaller, more organised data set is easier to keep safe and secure. - Easier Data Analysis
An organised data store is easier to manipulate and analyse. - Artificial Intelligence (AI)
Data that has been reduced is easier for AI methods to use in lots of ways, including data analytics.
This sounds simple, but in practice, the process is complex. Careful consideration must be given to data loss and data integrity during the cleansing process, with the difficulty being compounded if the data sets are exceptionally large and complex.
At IRM Consulting, we will thoroughly evaluate your organisations’ data journey and storage needs and advise on the necessary steps to streamline your operation.
The volume of unnecessary and corrupt information will be removed, while maintaining the integrity and functionality of the good data.
Our specialists will consult with you every step of the way regarding transition, cost and implementation.
The IRM Process
IRM Consulting uses a network of leading SME & Document Management Specialists which allows us to offer the most experienced consultant to your specific enquiry.
We assess your needs to find the ideal consultant team size for your project. We go through your requirements, current status, improvement opportunities, and ensure adherence to data standards while identifying potential threats.
After assessment, our consultants create a detailed plan. It tackles concerns, sets milestones, defines roles, and offers a clear roadmap. This guides every step of your project with precision, courtesy of IRM Consulting.
In this phase, we implement strategies, conduct analyses, and make necessary adjustments. Effective communication is paramount. Once the Risk Management Plan is finalised and reporting completed, we provide our future Optimisation plan.
We will review outcomes and share findings, identify any additional areas for improvement and propose a plan for future action. This optimisation ensures long-term objectives are met and maintains flexibility and customisation in the consulting process.
Data Reduction Techniques
IRM Consulting uses several industry-led techniques to approach data reduction. These techniques will address the leading causes of excess data, including outdated, redundant and duplicated information.
A data cleansing process will improve consistency and remove errors.
- Data compression – encode information using fewer bits of data
- Data aggregation – combine and organise data from multiple sources into a single format
- Data deduplication – remove duplicated data
- Data compression – compress a string of bytes into a smaller set of bytes
- Data cleansing – remove corrupt and unnecessary data
At IRM Consulting, our specialists will perform a comprehensive data reduction process to arrange your data in its simplest form, optimising capacity and enhancing performance. We always use a consultative approach, allowing clients to participate in the journey towards maximum data efficiency.
Data Driven Examples
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