It should come as no surprise that recent advances in big-data analytics and artificial intelligence have created strong incentives for enterprises to amass information about every measurable aspect of their businesses. And financial regulations now require organizations to keep records for much longer periods than they had to in the past. So companies and institutions of all stripes are holding onto more and more.
Studies show [PDF] that the amount of data being recorded is increasing at 30 to 40 percent per year