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NEWS > TECHNOLOGY
Mammoth super data creates operational risk
Monday, 17 August 2009 11:55am
By Company release  |  In Technology

Super funds may need to reassess their technology budgets after research found swelling data volumes is putting storage systems under too much pressure.

Symantec research found Australian companies are struggling to keep up with rising data volumes with one third of respondents finding it difficult to achieve data storage goals in the short-term.

The research also found company expenditure on data storage is also expected to remain stable or rise in the next two years, but more than half expect that increase in two years time.

This long-term horizon is despite companies experiencing an average growth in information, which is measured in terabytes (or 1000 gigabytes), of 34 per cent.

"This research clearly identifies the risks and challenges confronting Australian organisations in implementing and managing storage," said Craig Scroggie, vice president and managing director at Symantec Australia.

"The pressure is on IT teams to reduce costs while managing increasingly complex data centre operations due to consolidation."

This comes after less than half of the survey respondents said they did not have a storage resource management (SRM) strategy or did not use tools to deal with increasing data.

Indeed, the research found more two fifths said they bought more storage facilities or deleted data to deal with the problem and one quarter said their understanding of current storage issues was average or below.

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