New technologies are responsible for the electronic storage of information. Interestingly enough, though, 90% of businesses are still storing documents in paper format, according to a study by JSE-listed storage management provider Metrofile. This interesting information was brought to our attention by Business Day Live in their article, “Firms prefer paper to electronic records.”

Apparently, 75% of respondents store the original paper documents on site, while only 45% of businesses scan the original paper documents as back-up. While the physical location of data still matters, it is becoming increasingly irrelevant and can be replaced.

Access to data is important. It can be achieved by creating strong taxonomies. Proper indexing against a strong standards-based taxonomy increases the findability of data. Access Innovations is one of a very small number of companies able to help its clients generate ANSI/ISO/W3C-compliant taxonomies.

Melody K. Smith

Sponsored by Access Innovations, the world leader in thesaurus, ontology, and taxonomy creation and metadata application.