{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2025,6,19]],"date-time":"2025-06-19T04:33:23Z","timestamp":1750307603589,"version":"3.41.0"},"reference-count":12,"publisher":"Association for Computing Machinery (ACM)","issue":"5","license":[{"start":{"date-parts":[[2010,5,1]],"date-time":"2010-05-01T00:00:00Z","timestamp":1272672000000},"content-version":"vor","delay-in-days":0,"URL":"https:\/\/www.acm.org\/publications\/policies\/copyright_policy#Background"}],"content-domain":{"domain":["dl.acm.org"],"crossmark-restriction":true},"short-container-title":["Commun. ACM"],"published-print":{"date-parts":[[2010,5]]},"abstract":"<jats:p>\n            <jats:bold>Introduction<\/jats:bold>\n          <\/jats:p>\n          <jats:p>\n            Over the past decade, the mountains of data accumulating within firms - expanding at an annual rate of 30-50% and fueled in part by recent legislation such as\n            <jats:italic>SEC Rule 17a-4<\/jats:italic>\n            mandating the retention of electronic communications (for example, email and instant messaging) in financial services firms for periods of up to three years - has forced information technology (IT) executives to ask how should this data deluge be managed. Intel, whose data warehouse is currently estimated at over 30 petabytes has increased its data storage by an average of 35% annually with the expectation that, if current trends continue, its data center could expand to 165 petabytes by 2014. Yet even as data volumes climb, causing data centers to double in size every other year, an innovation-led drop in annual per-gigabyte storage costs of between 35-45% (see Figure 1) has failed to halt the rise in storage spending.\n          <\/jats:p>\n          <jats:p>With organizing and utilizing data now seen as one of the most critical issues facing firms worldwide, IT executives note that non-discretionary IT spending - 25% of which covers information management costs and storage infrastructure, in particular - has now reached a point where strategic IT initiatives are at risk. Hence, CIOs have a pressing need to understand the dynamics of information management costs and their ability to control these costs through carefully chosen policies governing data collection and retention. Knowing how these costs behave, CIOs can continue to support the data needs of their firms without limiting their IT goals.<\/jats:p>\n          <jats:p>To begin this process, we examine a tiered information framework that, by considering the value of information, allows CIOs to comprehend the interplay of market forces that shape information costs. Lastly, we review several challenges posed by our framework that future academic research can help to resolve.<\/jats:p>","DOI":"10.1145\/1735223.1735253","type":"journal-article","created":{"date-parts":[[2010,4,27]],"date-time":"2010-04-27T12:45:25Z","timestamp":1272372325000},"page":"121-125","update-policy":"https:\/\/doi.org\/10.1145\/crossmark-policy","source":"Crossref","is-referenced-by-count":15,"title":["Understanding the dynamics of information management costs"],"prefix":"10.1145","volume":"53","author":[{"given":"Paul P.","family":"Tallon","sequence":"first","affiliation":[{"name":"Joseph A. Sellinger, S.J., School of Business and Management, Loyola University, Baltimore, MD"}],"role":[{"role":"author","vocabulary":"crossref"}]}],"member":"320","published-online":{"date-parts":[[2010,5]]},"reference":[{"key":"e_1_2_1_1_1","volume-title":"Don't Waste Your Storage Dollars: What You Need to Know","author":"Allen N.","year":"2001","unstructured":"Allen , N. Don't Waste Your Storage Dollars: What You Need to Know . Gartner Group Research Report COM- 13-1217, 2001 . Allen, N. Don't Waste Your Storage Dollars: What You Need to Know. Gartner Group Research Report COM-13-1217, 2001."},{"key":"e_1_2_1_2_1","volume-title":"Is your IT Budget being spent effectively? (Feb","author":"Insight","year":"2005","unstructured":"CIO Insight . Is your IT Budget being spent effectively? (Feb . 2005 ), 67--75. CIO Insight. Is your IT Budget being spent effectively? (Feb. 2005), 67--75."},{"key":"e_1_2_1_3_1","volume-title":"Critical Issues of Information Systems Management","author":"Computer Sciences Corporation","year":"2001","unstructured":"Computer Sciences Corporation . Critical Issues of Information Systems Management . Cambridge, MA , 2001 . http:\/\/www.csc.com\/features\/2001\/40.shtml Computer Sciences Corporation. Critical Issues of Information Systems Management. Cambridge, MA, 2001. http:\/\/www.csc.com\/features\/2001\/40.shtml"},{"key":"e_1_2_1_4_1","volume-title":"Information Lifecycle Management","author":"EMC Corporation","year":"2004","unstructured":"EMC Corporation . Information Lifecycle Management , 2004 . http:\/\/www.emc.com\/ilm\/. EMC Corporation. Information Lifecycle Management, 2004. http:\/\/www.emc.com\/ilm\/."},{"key":"e_1_2_1_5_1","first-page":"11","volume":"23","author":"Ferelli M.","year":"2003","unstructured":"Ferelli , M. Tiered storage: An idea whose time has come. Computer Technology Review 23 , 11 ( 2003 ), 1--2. Ferelli, M. Tiered storage: An idea whose time has come. Computer Technology Review 23, 11 (2003), 1--2.","journal-title":"Computer Technology Review"},{"key":"e_1_2_1_6_1","doi-asserted-by":"publisher","DOI":"10.1145\/353360.353362"},{"key":"e_1_2_1_7_1","doi-asserted-by":"publisher","DOI":"10.1147\/sj.321.0099"},{"key":"e_1_2_1_8_1","volume-title":"Berghell Associates","author":"Gilheany S.","year":"2004","unstructured":"Gilheany , S. The decline of magnetic disk storage cost over the next 25 years . Berghell Associates , 2004 . http:\/\/www.berghell.com\/whitepapers\/Storage%20Costs.pdf. Gilheany, S. The decline of magnetic disk storage cost over the next 25 years. Berghell Associates, 2004. http:\/\/www.berghell.com\/whitepapers\/Storage%20Costs.pdf."},{"key":"e_1_2_1_9_1","volume-title":"Berkley","author":"Lyman P.","year":"2003","unstructured":"Lyman , P. and Varian , H . How Much Information? UC , Berkley , School of Information Management and Systems , 2003 . http:\/\/www.sims.berkeley.edu\/research\/projects\/how-much-info-2003\/. Lyman, P. and Varian, H. How Much Information? UC, Berkley, School of Information Management and Systems, 2003. http:\/\/www.sims.berkeley.edu\/research\/projects\/how-much-info-2003\/."},{"key":"e_1_2_1_10_1","doi-asserted-by":"publisher","DOI":"10.2307\/249630"},{"key":"e_1_2_1_11_1","unstructured":"Securities &amp; Exchange Commission (SEC). Final rule: Retention of records relevant to audits and reviews. http:\/\/www.sec.gov\/rules\/final\/33-8180.htm.  Securities &amp; Exchange Commission (SEC). Final rule: Retention of records relevant to audits and reviews. http:\/\/www.sec.gov\/rules\/final\/33-8180.htm."},{"key":"e_1_2_1_12_1","doi-asserted-by":"publisher","DOI":"10.1145\/1297797.1297799"}],"container-title":["Communications of the ACM"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/dl.acm.org\/doi\/10.1145\/1735223.1735253","content-type":"unspecified","content-version":"vor","intended-application":"text-mining"},{"URL":"https:\/\/dl.acm.org\/doi\/pdf\/10.1145\/1735223.1735253","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2025,6,18]],"date-time":"2025-06-18T12:45:32Z","timestamp":1750250732000},"score":1,"resource":{"primary":{"URL":"https:\/\/dl.acm.org\/doi\/10.1145\/1735223.1735253"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2010,5]]},"references-count":12,"journal-issue":{"issue":"5","published-print":{"date-parts":[[2010,5]]}},"alternative-id":["10.1145\/1735223.1735253"],"URL":"https:\/\/doi.org\/10.1145\/1735223.1735253","relation":{},"ISSN":["0001-0782","1557-7317"],"issn-type":[{"type":"print","value":"0001-0782"},{"type":"electronic","value":"1557-7317"}],"subject":[],"published":{"date-parts":[[2010,5]]},"assertion":[{"value":"2010-05-01","order":2,"name":"published","label":"Published","group":{"name":"publication_history","label":"Publication History"}}]}}