Panning for Data: Turning Information Into Gold
Panning for Data: Turning Information Into Gold
Businesses realize they’re sitting on a potential goldmine of data, but the ability to provide access to this data easily and rapidly remains a top IT challenge.
Rising Demand
80% of CIOs and tech decision-makers say their storage requirements are growing.
Untapped Potential
While 85% say they recognize the positive impact that data can have on bottom-line results, 55% admit that they aren’t storing all of the data needed for long-term business success.
Data Dilemmas
60% say the ability to access data easily and/or rapidly, along with being able to process it, remains a top IT challenge that keeps them from realizing the value of data.
Ready Remedy, Part I
To address data/storage issues, 81% are investing in data analytics to prioritize infrastructure investments and mine internal data assets.
Ready Remedy, Part II
74% are expanding cold storage and archiving capacity to accommodate data needs.
Purchase Influencers
39% say reliability is the most important factor in acquiring data storage, while 25% cite costs.
Migration Effort
84% are planning, have completed or are in the process of completing a public and/or private cloud initiative.
Appealing Outlet
35% expect to have more than half of their data stored in a public or private cloud by the end of 2016.
Unmet Expectations
74% admit they struggle to keep up with the performance demands of apps.