Seagate and IDC conducted a survey on the actions businesses and enterprises will have to take, to leverage their collected data. The survey was conducted between December 2019 and January 2020. A total of 1,500 respondents from all over the world were involved.
A glance at the report shows that data collection in enterprises is predicted to increase at a 42.2% rate per year. Currently, a vast majority of data stays unleveraged because of insufficient data security and management.
It doesn’t take long before one realizes that enterprises just accumulating data without using it, is a risk.
The massive jump in data amounts collected is a direct result of the increased use of the Internet of Things, the launch of migration initiatives, and the growing popularity of analytics. Of the 56% of data gathered by organizations, 57% is serving as a utility, with 43% going unleveraged.
Enterprise data is distributed in several locations. A breakdown reveals that 30% is in internal data centers, 20% in third-party data centers, 22% in the cloud, 19% in edge data centers/remote locations, and 9% in other alternative sites.
Meeting the challenges head-on
Another challenge that emerges is the problem of data management. Most businesses prefer to use multi-cloud environments. These environments pose challenges like difficult access for separate workflows and inconsistency in data dissemination.
The solutions, at this point, seem to lie in the hands of the Chief Information Officers. They have to look into, not only storage unification, but also the workability of the multi-cloud ecosystems.
The report indicates that data security is insufficient. Luckily, building a link between data creators and consumers could come in handy as a solution. Managing metadata via DataOps and gathering separated data systems to one understandable entity would also help.