Daily tones of information is generated by companies. It is business anathema for new economy. As market opens, the processing speed of computer grows. We are moving towards data abstraction for every level. We have massive information to be handled. Most of the data is stored to be processed later. Only some part of data is useful. Rest are rejected. Data when in use needs to be handled.
Silo maintains data in large storage index. It is a way to store information to be later processed . Data storage raises several issues. When information becomes disparate and there is no agreement between what’s is generated and what needs to be processed, we encounter silo mentality. We have a problem when we are allowed to take decision not connected to other arm. Problems arise when decisions are taken disparately and the other wing is not informed .
Divisions of silo
Compliance is very important issues. When there are people who fail to comply by standards then it amounts to information silo. Software related woes amounts for information silo. Whenever software is not updated or security is not followed it leads to silo. Software should be updated and given the leverage . Situation when we accept abnormal pricing then that is silo. Silo basically mean non-conformance and lack of communication between different arms of organisation. Enterprise silo is another level of storing information disparately. Silo should be properly dealt otherwise it affects company’s performance.