Every year more and more information is becoming available through various networks on the web. Because of this wealth of information, data centers are running out of storage. More and more businesses are moving to the cloud in an effort to find better and more cost effective ways to deal with this data overload and while the cost of data storage has dropped tremendously, the scale of the problem shows that we need some new solutions.
A report by IDC on the digital universe suggests that this situation is accelerating at a rapid rate, with the amount of digital information created in the world having now gone beyond a zettabyte, which is a trillion gigabytes, for the first time. In fact, it is said that the amount of data generated is now doubling every two years. The ability to use that data and to find new ways to store and retrieve it is explored in this presentation by the technology research firm based on their five year study of the way data is created and the evolution of metadata to help companies manage it. Metadata, data about data, is growing twice as fast as digital data. And that is just the beginning.
The presentation discusses new tools for data management, new security practices that help companies identify which information needs to be secured as over half of all information that should be secured on the net is not, and how cloud computing solutions fit into this new era. A lack of trust by many in the digital universe is compounded by the fact that the proliferation of mobile devices has created a situation where the amount of information that needs to be secured is growing faster than our ability to secure it.
The dilemma is apparent once you look at the numbers. It is predicted that the number of servers, both physical and virtual, will grow by a factor of ten in the next decade. During that same amount of time, the amount of information datacenters will need to manage will grow by a factor of 50 with the number of files expected to grow by a factor of 75. When you add to this that the expected growth in the next decade of IT specialists is less than a factor of 2, the problem is clear.
Where the movement to the cloud comes to play in a solution to this, along with how Big Data will play a significant role is explored in this well thought-out production of what the stumbling blocks and solutions are in Extracting Value from Chaos. The call to action should be a must read for any CIO and business executive interested in planning the coming growth in IT and the digital world at large.
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