| |JULY 20178CIOReviewBy Balaji Rao, Managing Director-India, VeritasIN MY OPINIONIn today's digital age, enterprises are increas-ingly using cloud to drive down costs and re-main competitive. By 2020, data is projected to grow ten-fold to 44 zettabytes and enter-prises are grappling with the twin challenges of managing storage costs and shrinking IT budgets. According to the Global Databerg Research, 52 percent of all information currently stored and pro-cesses by organizations around the world is considered `dark' data, whose value is unknown. If left untamed, this massive data will unnecessarily cost organizations globally a cumulative USD 3.3 trillion to manage by the year 2020. According to a recent Veritas' State of Hybrid Cloud survey, 74 percent of organizations are leveraging two or more cloud infrastructure vendors to support their workload requirements and 23 percent are using four or more vendors. This is in part exacerbated by the data deluge, the need to comply with evolving regulations, as well as cost and security considerations. Organizations are looking at hybrid cloud to take advantage of the cost advantages and increased IT agility, while mitigating the risks of security, confidentiality, and loss of control. Before moving all applications, systems, data and processes to any cloud environments, organizations need to first determine their business needs. Each mod-el of cloud deployment comes with its advantages and disadvantages. Some of the key factors influencing the adoption of cloud models include:· Security: Data security is definitely of utmost impor-tance to every organization. For organizations that pos-sesses sensitive financial, medical, legal and regulatory records, a private cloud will offer better security with encrypted data protected within firewalls· Scalability: Enterprises with their own private cloud infrastructure will incur additional hardware costs and take a longer time to achieve similar expansions, as compared to a scalable public cloud. The `pay-as-you-go' scalability of virtual server hosting is gaining popu-larity with a lot of SMBs as it allows them to scale ac-cording to their current business and operational needs· Cost: Companies considering virtual servers must not only consider upfront investment, but also long-term expenditures, including operational costs, main-tenance, and application expenses. With the public cloud, the service provider is responsible for the management and maintenance of the infrastructure, thus eliminating the need for companies to manage these costs. Balaji Rao has more than 20 years of experience working with blue chip technology companies delivering the business with his expertise in Cloud, Security, Storage, Test Automation software, Infrastructure Management. He has driven strong top-line impact for the services business at Veritas.Taming the Ever-Increasing Volumes of Data
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