Science has recently published a special issue entitled "Dealing with Data" (
http://www.sciencemag.org/site/special/data/).
The issue (which is available for free), focus on the challenges posed by the current data deluge, including the difficulty in managing and organizing such large data quantities as well as the wasted effort in data duplication due to the lack of funding for preserving data.
I think this is both highly relevant to this website and well worth a read.