data growth

Can Data Growth Become your Next Advantage?

Data is no longer just highly structured information from a few specific sources, but in addition to volume, data management is complicated by the sprawl of a wide variety of data types and structures and this is leading organisations to increasingly rely on the cloud for enterprise data storage because of the cloud’s scalability and low cost.

Using and managing information is critical to new business opportunities, but these needs create a range of challenges and places increase demand on IT infrastructure.

Successful enterprises are adopting new solutions that leverage artificial intelligence as well as multiple capabilities and deployment options from on-premises, public and private clouds.

Average spend on storage is estimated to be between 5% and 10% of an organisation’s IT budget so lowering storage requirements can have a significant impact.

This can be achieved through data compression and multi-tiered data management technologies that reduce the storage requirement directly, or by offloading “cold” data to more cost-efficient storage options.

“There are ways to simplify data consumption and create opportunities.”

To simplify data consumption, many companies are investigating the use of a data fabric – an architectural approach to enable self-service access to data. A data fabric doesn’t care about environments, processes, utility or geography, but integrates end-to-end data-management capabilities.

Automated data discovery, governance and consumption, enables an enterprise to use data to maximise its value by providing the right data, at the right time, regardless of where it stored.