Electronic Discovery: Requirements from the Corporate Stakeholder Perspective
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(3)Overview: Corporate governance-centric value propositions inherent in data management technology expenditures apply more to storage related expenditures than perhaps any other area of IT expenditure. This is so because of the heightened desire of organizations across the globe, to insulate themselves from the negative impact of out of control data management costs and the associated risks that can accrue. The mandate and responsibility for implementing risk management initiatives is shifting more into the CFO's realm whose role is being hybridized to incorporate more influence over IT and internal legal department strategies. Indeed, just as CFO's are becoming increasingly aware of the impact data management tools and infrastructure can have on mitigating organizational risk, CIOs, CTOs, and technologists are increasingly being pressured to more effectively quantify soft costs and discuss strategies that address data management risks and respective legal ramifications other stakeholders, like.
