Eric Schmidt of the famed search engine site Google claims that people today produce as much data in two days as humans did collectively from the creation of civilization until 2003. In 2012 alone, there were an estimated 1.8 zettabytes of business data in use. Pretty much everything we do digitally leaves a footprint which becomes a piece of data.
For businesses, however, that data all must be collected and managed, and as a result data management solutions exist. There are even data cleaning companies who can come in and wipe a hard drive clean, for example. A data cleansing service is most helpful when a company has sensitive data it needs to destroy. This is most used when a company that might have sensitive data on file goes out of business.
The average business in America has roughly 70 percent of its data collected by individuals, but around 80 percent of the total data collected is managed by an enterprise. Being able software like tools for data management helps companies focus on the product or service they supply to the public instead of worrying about how to keep the books effectively.
The concept of data management did not become popular or widespread until the 1980s, but today, data management solutions can be found in a variety of different places, and mainly though data management companies. Keeping track of all that data is certainly hard work, but someone has to do it.