You’ve heard it before: unstructured data is growing in ways that are becoming troublesome for the enterprise. Data is stretching the limits of on-premises storage devices and comprising increasingly larger chunks of the IT budget. It’s easy for some large companies with big budgets to keep on buying storage – but that may not be the smartest way out. Money could be spent on training, investing in new cloud apps and services and developing new digital initiatives for the next chapter of growth. The CFO might suggest that saving money for future needs is nice, too. There’s also the energy cost of continuing to invest in physical data centers– sustainable business practices are on the rise.
To ascertain how enterprise IT and storage managers are thinking about data management, we surveyed 320 professionals across the United States and the UK, in June. The Komprise State of Unstructured Data Management Report found a prevailing interest in analytics, followed closely by data lakes, to foster better ROI from data management.
We Uncovered a Few Key Trends:
Storage is expensive.
Well, you knew that. But 65% of organizations spend more than 30% of their IT budgets on data storage and management. And IT managers expect to spend more on storage this year compared with 2020.
Hybrid cloud storage is dominating.
Half of participants are storing their data across a mix of on-premises and cloud-based storage. We expect to see this number rise sharply in the near future as cloud data storage options increase and become viable not just for backups and archives but primary storage too.
Automated data tiering is in demand.
To cope with data growth, storage leaders are looking to understand the right approach to data tiering. IT leaders will need to look for solutions that offer flexibility for hybrid cloud environments while avoiding vendor lock-in so that data can move freely between storage products and services without breaking the bank and creating anxiety amongst IT staffers. Cloud tiering is a strategy many enterprises are considering today. Read more about that here.
The Komprise 2021 State of Unstructured Data Management Report is chock full of additional data points regarding storage, data management investments and new tactics that IT organizations are considering to tame data chaos and be more proactive for business gain.
Download the full report here.