Construction: Protecting Long-Term Records
Eliminating retention risks for long-term digital records in Microsoft 365. In 2024 alone, global regulatory fines for data retention and compliance failures soared to $19.3 billion (1). Construction is among the most data-intensive and highly regulated of industries - are you fully prepared?
Are your records at risk?
Consider this short self-assessment & identify if your important project & compliance records are at risk from loss or corruption.
Why is ongoing readability & integrity so important?
Survey videos, construction permits, design blueprints, supplier contracts, health and safety records - all need to be safely stored and accessible.
Regulatory compliance
Information retained to comply with externally applied industry rules and legal mandates
Legal protection
Information needed for evidential purposes in the future and reputational risk management
Repurposing for value
Information having inherent value that can be leveraged to support daily operations or in the future
Common business reasons for archiving long-term & permanent information include...
- Project closures
- Compliance mandates
- ‘Decluttering’ SharePoint
- Retaining content of historical & cultural value
- File storage decommissioning
- Legacy system migrations
(1) Corlytics