According to new research from data protection specialist Veritas Technologies, employees are losing two hours a day searching for data, and data management challenges are costing businesses as much as $2 million a year. On the other hand the study of 1,500 IT decision makers across 15 countries, carried out by Vanson Bourne for Veritas, shows organizations that invest in effective day-to-day management of their data have reported cost savings and better employee productivity as a result. Almost three-quarters (70 percent) say they have reduced costs, while 69 percent say their employees are now empowered to be more productive. "Organizations…
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