Business data has grown exponentially. This year, business data is expected to grow at an average annual rate of 42% globally and 45% in India, according to Rethinking data Seagate report. This data growth is fueled by the growth of Internet of Things (IoT) devices (especially cameras) and automated M2M interactions, including utility smart meters and healthcare device management systems. This is particularly the case around smart city initiatives with significant needs to ramp up its data analysis infrastructures and its intelligent transport systems.
According to IDC, global data creation will grow from ZB 64 in 2020 to ZB 180 by 2025. The value and power of this data is enormous, but so too are the challenges to effectively managing data. data to drive innovation. Indeed, trying to access data can sometimes be a lot like trying to fill shot glasses with a fire hose. As a result, only 33% of corporate data in India and 32% globally is used, as capturing, storing and managing the deluge of data can be tricky, as can accessing and transporting data from mass.
Organizations that overcome the challenges of cost and complexity of data lakes are rewarded with an asset that increases in value rather than a complex and expensive data sink.
Enhance the value of data: the two most important questions that organizations, across all industries, face: how can they get more value from their data in the distributed world, and what kinds of storage strategies can reduce barriers to travel large datasets?
Ten years ago, organizations debated whether to store data in the public or private cloud. Now the situation is much more nuanced. Data flows through endpoints, devices and cloud systems, but the pace and rapidly increasing volumes of this movement must be taken into account. According to Seagate Mass data on the move report, today the trend is towards multi-cloud and hybrid cloud models, which can help optimize where data is stored and how best to distribute, access and use it.
Need an effective data strategy: While businesses around the world have or are in the process of building a clear digital transformation strategy and mature service capabilities, they still face the same data challenges, i.e. network capabilities do not keep pace with data growth. According to Mass data on the move report, in addition to network and capacity constraints, limited access to fiber optic networks, hidden costs, data security and compliance issues, storage capacity limitations also restrict the effective movement of data.
So what kind of storage strategy can help you? Today, data creation is particularly dynamic at the edge, which means that the ten-year-old model of choosing to keep data on-premises or in the cloud has proven too simplistic. While 47% of businesses today use a centralized cloud storage architecture, in two years that number will drop to 22%. Conversely, the number of those who currently have a hybrid storage architecture spanning centralized and edge locations will increase from 25% to 47% over the same period.
What’s the next step for business data? The next leap forward in storage technology for businesses will likely involve a shift towards using a storage-as-a-service offering that complements but does not replace existing storage services. Cloud Storage as a Service provides a world-class object storage platform where data can find permanent and profitable residence, be enabled for a multitude of applications, and be instantly available to be routed to locations. peripheral locations via high speed backbone links.
At the data center level, the high-performance, high-density, self-healing storage system enables streamlined management of mass storage and reduces human intervention for edge and data center environments. Next-generation storage intelligences, based on Advanced Distributed Autonomous Protection Technology (ADAPT) and Autonomous Drive Regeneration (ADR), automate maintenance, protect data, quickly rebuild and reduce e-waste, while providing maximum data density and security without a controller. higher level.
The deluge of corporate data isn’t going away anytime soon, and it affects every organization. Fortunately, data storage and management tools have come a long way, from storage as a service to physical mass data shuttles and self-healing storage systems. datasets, regardless of their size.
The author is Asia Pacific Regional Sales Vice President, Seagate Technology.