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There is a data explosion in the enterprise, yet investment in additional storage is deferred for now. Here are some strategies for CIOs to manage the data tidal wave
Am I utilizing my storage capacity in the best possible way? That’s a question many CIOs throw at themselves today. Enterprise storage requirement seems to be insatiable. The amount of data that’s being generated everyday grows exponentially.
Data growth can be attributed to factors such as growing business, customer transactions, and compliance requirements that mandate storing historical data. Users receive files and distribute copies across the network. The other big resource hog is e-mail. Most users are careless about the way they maintain the Inbox folder on the server and on desktops.
While cost decreases for other aspects of IT, such as servers, processors, power and cooling—due to the availability of more efficient systems—the cost of storage continues to increase because of exponential data growth. Since budgets are slashed, IT managers are under a lot of pressure and must find clever ways of utilizing existing capacity.
Manmohan Jain, VP, Recovery Management, CA India Technology Center, said, “Every year, the average company is storing more data than they did in the previous year. This increase in yearly data storage is typically not a small one. Most companies are seeing double digit percentage increases over the previous year. This is putting a huge strain on IT budgets making the CIO ask: Can I afford to continually buy storage?”
Unstructured data increases IT costs >>
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