28 June 2017

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Using the Data, Intelligently

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While businesses are graduating rapidly and fast growth is happening, on the other side of it, this growth is resulting into a big challenge of -- the management of data growth.

Businesses specially from the SMB segment are struggling with a major issue of data storage. This is driving up the costs and decreases efficiency.

These SMBs are witnessing three major challenges while managing data growth:

1.        Inability to forecast future data requirements

2.       Uncertainty of renewing existing maintenance agreements or start from scratch with a new solution,

3.       Unwillingness on the part of business units to help clarify the value of the data.

According to IDC, the amount of digital information produced in 2011 is expected to equal almost 1,800 exabytes, a ten-fold increase from the data produced five years ago. Of this data, 95 percent will be hard-to-manage unstructured data (emails, word documents, videos etc.) and another 90 percent of this information is never accessed after creation.

Seepij Gupta, Associate Research Manager, IT Services, Forrester, commented by adding, “Data growth is the biggest data center hardware infrastructure challenge for large enterprises. Enhanced performance requirements, coupled with the need to reduce power and capacity costs, will drive the creation of new storage technologies and services. In 2011, storage vendors are continuing to seek ways to deliver storage more efficiently while reducing acquisition and operational costs, improving time to market, and reducing complexity.”

This challenge is universal and versatile in its nature. From micro to mid sized business everyone is facing data management as a challenge in their business operation. “It is extremely important to consolidate and manage the data for business. As an entrepreneur we must have to look at using the data which we generate almost on a continues basis,” explains Chandrashekhar Iyyer – a self employed sourcing consultant. He also added, “I run a consultancy in which I have customers all across the world. For my business data management is key component of the business.”

Satyen Vyas, Director – Medium Business, CSMB division, Dell India, commented, “Our customers are experiencing massive data growth, and new requirements to retain, protect, and discover their information is continuing to compound the data management challenge. SMB customers have also started looking at centralized storage like large enterprises and require technology which grows along with their business, and does not force them to do forklift upgrades while taking advantage of upcoming storage technologies.”

Dell as a technology company is strongly positioned and focused on investing in creating storage intellectual property that solves the most pressing storage problems.

Recently, Dell has announced Intelligent Data Management solutions to help customers combat challenges associated with storing and managing data.

However, Dell’s Fluid Data technology combining a powerful data movement engine, intelligent software and modular hardware that can help cut costs up to 80 percent.

While sharing his own experience in managing data growth, Sunando Bhattacharya, Head – Marketing and Customer Solutions, Spectranet mentioned, “With digital explosion of data and increasing pressure on storage infrastructure, resource requirements today rapidly outpace the limitations of architecture. Cost and efficiency are key drivers and it is important to prioritize unstructured data based on its value to the business. Managing data and keeping it secure has become more critical than ever before. And, given the cutbacks to IT budgets over the past few years, there’s an even greater demand for solutions that will help us manage data more efficiently.”

Dell’s comprehensive intelligent data management (IDM) strategy, effective archiving can help organizations increase efficiency for IT staff while cost-effectively meeting compliance requirements and streamlining backup processes. By adopting Dell’s modular approach and automated, rules-based movement and retention capabilities, you can meet your expanding storage needs without overwhelming infrastructure or driving up costs.

However, effective storage solutions can significantly help SME customers in a better management of data growth, reduce storage costs and dramatically simplify the management of IT infrastructure.  All this reflects into a positive result for an entrepreneur to register business growth.

 

 

 

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