Research Reveals Less than Half of IT Decision Makers Not Storing All Available Data

9/26/2014
In a survey commissioned by HGST, a Western Digital Company, 86% of CIOs and IT decision makers surveyed believe that all data generated has value if the organization is able to store, access and analyze it optimally. However, less than half (48%) of those surveyed admit they are not storing all available data, keeping them from unlocking its full value. The results also show a growing trend toward adoption of analytic tools and storage, and highlights Active Archive and Cloud as burgeoning market opportunities.
 
Key survey findings:
86% believe all data has value if it can be stored, accessed and analyzed, but 48% are not storing all available data
78% say better analytic tools and storage solutions would improve business efficiency
22% admit they don't have the right mix of structured, unstructured and semi-structured data storage to analyze their data
56% are planning, or already implementing Active Archive solutions
61% are planning or engaged in a total cost of ownership (TCO) related project, the highest level for any initiative tested
 
Increasing Demand for Data Drives IT Spending
There is a gap between the amount of data being produced and the ability for companies to store that data. While 78% of those surveyed contend that access to better analytic tools and storage solutions would improve business efficiency, 25% admit their organization does not have the right mix of structured, unstructured and semi-structured data storage to optimally analyze what data they do have. It is not surprising, then, that respondents cited storage as the primary driver of IT investment, especially in China (77%), France (67%), Germany (66%), and the U.S. and Korea (tied at 62%).
 
Data security and governance were cited as the largest concern when it comes to data for respondents (35%), and those polled pointed to long-term storage (93%) and data protection (96%) as drivers of innovation and investment to address these issues.
 
Active Archive Greenfield
As the volume, velocity, variety and longevity of data grows, survey respondents are working hard to extract extra business value from stored data. Active Archive, a sub-segment of the Cold Storage category, is emerging to address the changing dynamics as data archiving is no longer limited to offline storage with the mindset of "write once" and likely "read never."

The findings uncovered that 56% of those surveyed say their companies are planning, or already implementing Active Archive solutions to address longer-term storage needs, with adoption the highest in China (83%). When analyzed by the size of the enterprise, four of every 10 (40%) of the largest companies (5000+ employees) have Active Archive projects in progress while mid-sized enterprises are the largest segment beginning to plan (65%).
 
Need for Performance and Efficiency Driving Solid State Drive (SSD) and Software Adoption
Among those currently involved in a data center project, performance (41%) and cost/operational efficiency (25%) were selected as the most important considerations for their business, and investments in SSDs and total cost of ownership (TCO) initiatives are thriving. Today, a majority of IT decision makers surveyed (63%) are investing in SSDs to accelerate or extend the life of hardware investments, especially in China (84%), Germany (75%) and France (72%). At the same time, 61% of respondents are planning or engaged in a TCO-related project, the highest level of activity for any initiative tested.

The survey found that application acceleration software is commonly used to increase performance at larger firms (63%), but still not used widely in small and mid-sized companies (49%). Among all respondents, scalability (89%) and application acceleration (86%) were citied among the top four drivers of innovation in data storage.
 
Cloud Storage to Quadruple
Data accessibility is also a growing concern, and cloud storage was identified as the top discipline for active investment. Public cloud storage growth is expected to quadruple in the next year. Today, only 7% of the respondents keep more than 50% of their data in the cloud, however, 30% expect to keep at least 50% of their data in the cloud a year from now.
 
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