LATEST INTELLIGENCE
RETHINKING ENTERPRISE
DATA MANAGEMENT: A
360-DEGREE VIEW
PRESENTED BY
Drowning in data
As enterprises generate, accumulate, and store
an ever-increasing amount of data in numerous
different systems, it’s becoming clear that they need
a new approach to data management that reins in
costs and ensures data is available when and where
it’s needed.
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The need for improved enterprise data
management coincides with the trend toward the
digitization of businesses.
On a global level, a recent report by the McKinsey
Global Institute (MGI) found the amount of
bandwidth crossing regional borders has grown
45 times since 2005 and is expected to increase
another nine times in the next five years. “Flows
of information, searches, communication, video,
transactions, and intracompany traffic continue to
surge,” the report says.
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INTELLIGENTCIO
Enterprises are left dealing with the result of these
flows: more and more data of all types.
Add to that data generated within the enterprise’s
own walls – developer files, spreadsheets, images,
audio and video files, text documents, and so on.
In its benchmark report based on a study of 86%
of Fortune 500 companies, the storage vendor
Veritas found that data is growing at a rate of 39%
per year.
Interestingly, however, Veritas found that storage
capacity requirements are growing 9% faster than
companies are creating individual files.
The reason is companies are storing multiple copies of
the same files, probably on different storage facilities.
That points to a storage management problem on
top of the sheer data volume issue. n
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