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Forbes on Big Data and Storage

iStock_000013071495Small.jpgThe statistics around the “Explosion of Data” are astounding and this one is no different: according to “Drowning in Data, Invest in Storage” by Forbes, “the amount of data we copy and create is set to double in size every two years. By 2020, it’s expected to reach 44 billion zettabytes, a tenfold increase over 2013.”


With such incredible growth comes a problem that many forget, but that Forbes brings to light: where and how will this data be physically stored? 


In a race to accommodate for the growth, Forbes points out that companies aren’t “moving fast enough to modernize their data storage.”  In fact, Martin Risau, Senior Vice President, Analytics and Data Management of HP Enterprise Services, believes the consequences of the lack of adoption could be “huge.”  He says, “When data is well-managed, organizations have the insights they need to make faster and better decisions. Poor information management leads to higher cost and great risk, inefficiency and lost opportunity.”


Take a closer look at Forbes’ approach to the issue and what they suggest to bring your enterprise up to speed. Link to full article here


For more information on HP Analytics & Data Management Service click here

Labels: Analytics| Big Data| HP
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