How much data is your enterprise creating and what are you doing about it? For most companies, data is being created, and subsequently stored, at faster and faster rates. However, many enterprises lack the tools to properly utilize and take advantage of their data, especially those that are still struggling with just the data storage part of the equation.
One of the greatest challenges faced by today’s enterprises is managing their ever-increasing volumes of data. Over time, the volume, location and importance of data have all evolved, and legacy solutions can no longer keep up.
When it comes to challenges faced by today’s IT organizations, there are few as universal as data management. In the last two decades, the volume of data that enterprises are expected to utilize, secure, and manage has increased exponentially. The location of that data has also changed, with much of it moving to the cloud or hybrid environments.
Think about how much data your company created in 2016. According to IDC, the world collectively created about 16.3 zettabytes (yes, a zettabyte is a billion terabytes). They also predict that the world will create 10x that amount by the year 2025. Approximately 90% of that data will be stored in file and object storage. While consumers have traditionally created the bulk of the data up to now, enterprises will create 60% of the world’s data in 2025. At that time, ten percent of all data will be created by IoT. This brings with it a number of challenges as a result of this exponential growth.
