Organisations across a number of sectors, including media and entertainment, life sciences, medical imaging, oil and gas, government, and video surveillance, are choosing to retain much of their data for extended periods. A number of factors influence the trend toward extended data retention, including regulatory, compliance or governance requirements, as well as the opportunity to repurpose and monetize information in the future.
The survey revealed that:
1. 68 percent of total respondents, including 81 percent of U.S.-based respondents, manually analyse and move their long-term data to different locations, and delete limited amounts of stored data. This finding reflects the current data centre trend toward needing to retain more than just e-mail and compliance data for future reference. Great tools have been created for long term storage and access to structured data; however, current unstructured file data migration to cost-effective tiers often requires more manual migration.
2. 62 percent of respondents, including 77 percent of U.S.-based respondents, manage long-term data storage by adding more capacity when necessary and rarely delete data. This finding reflects the growing recognition of the value of data to business growth and success. Retaining historical data is helping fuel business analytics that predict future trends.
3. When it comes to storing data in the Cloud, 63 percent of respondents expect to keep stored data for up to five (5) years. In addition, of all respondents surveyed more than 60 percent view cost as a barrier to storing data in the Cloud for longer periods of time than they do currently.
"The survey findings illustrate the need for new storage options that allow organisations to reduce the time spent manually managing long-term storage and easily interface with low cost storage tiers", stated Molly Rector, executive vice president of product management and worldwide marketing, Spectra Logic. The low-cost nature of tape, combined with its scalability and durability, ensures it will continue to play an important role in modern and evolving IT environments."