Enterprises in Asia Pacific Not Prepared for “Big Data”

Refer to 'Malaysia Technology News'.

More than 50% of some of Asia Pacific’s large enterprises that participated in a recent survey are not anticipating or planning for the advent of 'big data'.

This generates a window of opportunity for cloud computing adoption, creating win-win situation for both vendors and consumers because cloud computing caters for scalability, plug and play and lowest cost of adoption for 'big data'

The survey results are published in a HDS-sponsored IDC white paper titled “The Changing Face of Storage: A Rethink of Strategy that Goes Beyond the Data”. The survey was conducted by IDC from August to September 2011 with 150 IT executives from large enterprises in Australia, New Zealand, China, Hong Kong, India, Malaysia and Singapore. HDS commissioned the survey to better understand their storage management challenges and strategies.

Besides seamless-natured adoption capability of cloud computing and its lower cost of adoption, other benefits of having data and information in the cloud includes more capability and potential for future analytics and business insight.

The survey reveals top three concerns of IT executives in such area, which are:
  1. Data growth
  2. Increasing utilization level
  3. Challenges of managing storage for virtualized servers.

Of the respondents, 67% believe their current storage infrastructure is sufficient for the next 12 months; however, 72% do not have a strategy to cope with the anticipated growth of unstructured data – the large multimedia, internet-based or other types of multi-gigabyte “big data” that is now increasingly important as a competitive resource for data mining and other business uses.

Indeed, 64% stated that business needs for deeper analysis outpace the ability of their systems to ensure the data they have is relevant, timely and useful. Their data growth is outpacing their ability to effectively manage it.

Many IT executives believe that adoption of latest technologies and increase in terms of investment in IT will actually help, even though many do not have concrete action plans yet.

In terms of latest technologies adoption, Virtualization is the most adopted technology (by 60% of respondents), followed by disaster recovery (44%) and data encryption for security (37%).

Besides that, the top concerns on adopting cloud storage are security (48%), followed by loss of control, pricing, and data sovereignty.

Interestingly, the survey also reveals Malaysia to be the country which ranked top in terms of least adoption and least concerned with virtualization. Malaysian prefer to make use of server optimization rather than cloud adoption to tackle data management and alignment of IT costs to business budgets is a key challenge in IT adoption.