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Opinion

The Cost of Data Management

By Michael Friedenberg
August 26, 2009 04:58 PM ET

CIO - One of my all-time favorite movies is All the President's Men. The best line in the movie is when Deep Throat (played by the great character actor Hal Holbrook) meets with Bob Woodward (Robert Redford) and hears him explain how his investigation has hit a dead end.

After a pause, Deep Throat coolly advises: "Follow the money." Those words become the driving force behind the Watergate investigation that ended with President Nixon's resignation.

This memorable scene comes to mind as I've listened to many of you talk about your biggest pain points today. Right after the economy, the three most common words would be "follow the data." While the cost of storage keeps falling, the cost of data management keeps climbing.

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This story is reprinted from CIO.com, an online resource for information executives. Story Copyright CXO Media Inc., 2010. All rights reserved.
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