Highlights from Webinar featuring Scott Sinclair, Senior Analyst with ESG, a leading IT analyst firm, on addressing storage challenges. Topics include the growth in data, modern data management strategies (including cloud, software-defined storage, and object storage), and the need for a new architecture.
Turning Point in Data Management
We're at an interesting turning point in data management.
ESG's research points out an unsustainability, where 63% of surveyed organizations report 20 percent or higher annual rates of data growth, yet the average annual growth in IT budgets is a mere 4 percent.
Budgetary challenges extend beyond the costs of storage hardware itself, including challenges with staffing and data protection as well.
Enterprises have turned to several strategies address this unsustainability given that data is growing faster than what IT can afford to spend managing it.
- Public Cloud. The most visible trend has been adoption of the public cloud. Scott discusses that cloud purchasing decisions, which tend to be driven tops-down, don't generally produce expected cost savings.
Beyond the hard dollar costs, there are also performance implications when utilizing public cloud.
Scott also highlights that even with the visiblity of public cloud, 80 percent of surveyed organizations would still rather keep data containing proprietary insights on-premises.
- Software-defined storage. SDS has been cited as an approach to reduce storage hardware costs by enabling customers to utlize commmodity hardware. Scott refers to the "hardware integration challenge" associated with managing software-defined storage.
- Object storage. Object storage has proven a way both to reduce the capital expense costs associated with storage, as well as to address the management challenges of rapid data growth.
For context on object storage, Scott describes object storage at a high level as an alternative to traditional file storage for unstructured data.
And, he also describes both historical and modern object storage use cases, ranging from compliance, to larger scale data storage, and most recently to provide application flexibility to utilize data either on or off-premises.
Scott describes the criteria for selecting the next generation storage architecture, calling for more rapid delivery of capacity, no maintenance, and to pay-as-you-go, while also maintaining predictability of cost, workload portability, and performance.
Scott then goes on to say that Igneous meets all of these criteria!
Interested in More?
If so, we encourage you to Contact Us. Or, if you're not ready quite yet, please feel free to download the PDF of the entire ESG Webinar presentation.