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Tag: budgets

  • Storage Management Priorities: the Need of the Hour


    Most industries acknowledge that increasing IT Storage needs is a fact of life even in the face of economic downturn.

    Newer and more efficient ways of optimizing existing storage facilities are being explored as budgets are tight and capital outlay has been squeezed, writes Samantha Sai for storage.biz-news.

    Hu Yoshida, VP and CTO of Hitachi Data Systems, says: "In this economy, it will be important for IT professionals to stick to the fundamentals and focus on ROA and the ability to break even quickly."

    Major Storage investment priorities for IT Professionals in 2009 have been identified and listed unequivocally.

    Virtualized Storage services already in place require optimization. The direction of thinking seems to be virtualization of external storage and combining it with lower cost tiers of storage and thin provisioning.

    The stress is on curtailing data growth, while maximizing current investments, to get quick returns.

    The drive is to exploit the 70-80 per cent capacity that remains largely unused in existing storage.

    Unstructured data growth remains a persistent problem.

    Data storage optimization would require dealing with unstructured data on a war footing.

    The imperative is to archive unstructured data and map resources back to the bottom line of information needs.

    Tiered and priority ordering of information is identified as an essential activity that will help identify data that can be moved and archived without affecting critical data access.

    Consequently, the archiving solutions features being sought include simple process management, reduction in TCO and mitigation of risk.

    Active archiving solutions that are being put in place, have been recognized as integral to organization management initiatives and two tier storage systems are being moved to archival tier.

    Closely associated with the above processes is the data de-duplication process. Market conditions rule that duplicate data comes at a cost and de-duplication will save costs and improve productivity.

    Additionally, data compression and reduction in number of data backups are seen as methods to save costs.

    It is expected that as the year 2009 advances more and more companies will turn their attention from optimization and archiving needs towards Risk Mitigation and savings that can be had form power and cooling costs.

    Green, clean data centers will be seen as a real and urgent requirement.

    The need to stay ahead of energy issues will be dictated by upcoming regulations of EMEA and increasing purchasing requirements in the USA.

  • Three Quarters Of Organisations To Increase Cloud Computing Security


    A survey by Infosecurity Europe of 470 organisations has found that 75 per cent intend to reallocate or increase budgets to secure cloud computing and software as a service within the next 12 months.

    However, interviews conducted with a panel of 20 chief information Security Officers (CISOs) of large enterprises also found concerns about availability and security aspects of software services in the cloud.

    They were especially concerned about the lack of standards for working in the cloud, SAAS and secure internet access, all of them said that they would welcome the development of guidelines in this area.

    Tamar Beck, group event director of Infosecurity Europe, said cloud computing and SAAS have a pivotal role to play in today’s evolving environment.

    CIOs are being challenged to add value to the business and CISOs required to ensure that new services are reliable and secure.

  • Storage To Buck General Drop in IT Hardware Spending


    Spending on storage is the only area of IT hardware that will avoid a drop-off in 2009 as a result of the global financial crisis.

    A newly revised forecast from IDC suggests worldwide investment in information technology will slow significantly next year.

    It will grow 2.6 per cent year over year in 2009, down from IDC’s pre-crisis forecast of 5.9 per cent growth.

    In the United States, IT spending growth is expected to be 0.9 per cent in 2009, much lower than the 4.2 per cent growth forecast in August.

    On a sector basis, software and services will enjoy solid growth while hardware spending, with the exception of storage, is expected to decline in 2009.

    On a regional basis, spending growth in Japan, Western Europe, and the United States will hover around 1 per cent in 2009.

    In contrast, the emerging economies of Central and Eastern Europe, the Middle East and Africa, and Latin America will continue to experience healthy growth, but at levels notably lower than the double-digit gains previously forecast.

    John Gantz, chief research officer at IDC, said although all the economic forecasts went from up slightly to down drastically in a matter of days, the good news was that IT was in a better position to resist the downward pull of a slowing economy.

    "Technology is already deeply embedded in many mission-critical operations and remains critical to achieving further efficiency and productivity gains," he said. "As a result, IDC expects worldwide IT spending will continue to grow in 2009, albeit at a slower pace."

    Looking beyond 2009, IDC expects IT spending to make a full recovery by the end of the forecast period with growth rates approaching 6.0 per cent in 2012.

    Despite these gains, IDC estimates that more than USD $300 billion in industry revenues will have been lost due to slower spending over the next four years.

  • Storage-as-a-service Market Rife With Opportunity


    Storage-as-a-service is more than just a viable alternative, according to two new IDC multi-client studies.

    An IDC survey of 812 firms reveals that demand for online storage services is very strong in small, mid-size, and large firms that are facing budgetary and IT staffing pressures.

    These companies are evaluating online services for backup/disaster recovery, long-term record retention, business continuity, and availability.

    On the consumer front, the storage-as-a-service opportunity is exploding as individuals need to store fast growing volumes of digital data.

    They are increasingly considering online services, as an alternative to a product purchase, for backing up, sharing, and preserving data long term.

    In both the commercial and consumer segments, the availability of storage-as-a-service is disrupting traditional storage software markets as it changes how individuals and firms access storage capacity and procure software functions.

    But, more importantly, storage-as-a-service is a precursor to the longer term cloud storage and cloud computing opportunity, IDC reveals.

    Brad Nisbet, program manager for Storage and Data Management Services at IDC, said that as consumers and business organizations continue to generate vast amounts of data and seek optimum methods to store and protect them, the growth of storage capacities delivered through storage-as-a-service offerings will outpace traditional storage architectures.

    "With storage-as-a-service capacity growing over 65 per cent from 174 petabytes in 2007 to over 2.1 exabytes in 2012, the market is rife with opportunity," he said.

    Laura DuBois, program director for Storage Software at IDC, said that today, in the commercial context, online backup and archiving services are the immediate manifestation of the longer term opportunity for a series of cloud-based services which will impact the storage industry.

    "Storage-as-a-service will take place in two phases: first as a way to enable protection, recovery, long-term retention, and business continuity, and second as a by-product of larger cloud computing initiatives," she said.

    Among the key survey results on the commercial side are:

    • Suppliers that offer a breadth of services to satisfy a range of use cases for storage-as-a-service will be a step ahead.
    • Storage-as-a-service is of interest as a lower cost alternative to on-premise solutions and secondarily in support of limited IT staff.
    • Firms show a preference for suppliers whose focus is on online services and for those that have a strong technical background.

    Among the key survey findings on the consumer side are:

    • Suppliers that understand the differences between the large population of consumers merely aware of online backup and those considering it will be at an advantage.
    • Motivators for early adoption of online backup have been for recovery, but individuals currently evaluating are motivated by anywhere files accessibility.
    • Consumers indicated a clear preference to get an online backup service from a dedicated online backup company, rather than from an IT supplier, phone company, or the like.