According to a study on ‘Worldwide Storage as a Service Market – Size and Forecast’, the amount of information that is created, captured, replicated will increase multifold in the next couple of years. IDC report predicts that it would reach a total of 988 exabytes globally.
With a continued and exponential data growth, the challenge of data management has also increased. The key drivers for adoption of various ‘Storage-as-a-Service’ offerings are limited IT resources, inability to employ them for more strategic purposes, and last but not the least, cost savings owing to outsourcing of IT tasks.
“In today’s heightened regulatory requirements globally, not to mention economic pressures, organisations of all sizes are looking for viable alternatives to manage their digital data,” stated program director Storage Software practice of IDC, Laura Dubois.
“With competent Storage-as-a-Service model, business enterprises can store, manage and ably protect their data either as a hosted or on-demand service, thus effectively fulfilling today’s compliance requirements and also ensuring capacity for their future growth. The services provide a higher level of backup and protection to business data.”
There are several service providers for the online storage system, but one has to choose the right one for this critical job.