Data storage, especially unstructured data, has kept businesses busy this year. What does this mean for next year’s data trends?
This has been an important year for data, especially as businesses collect more and more unstructured data. Let’s take a look at the top three trends that stood out in the past year and what awaits the world of data management in 2023.
Content Source: Business d’Or
Trends of 2022
Trend #1: As unstructured data continued to accumulate, many businesses were obliged to think about new methods for regulating the growth and life cycle of data.
The continuous accumulation of unstructured data continues to pose challenges for businesses of all sizes. Many people realize that it may have taken them years to collect their first petabyte of unstructured data, but they quickly accumulated 3 petabytes, then 5 petabytes, then 10 petabytes, and so on. started. As the rate of data growth continues to accelerate exponentially, organizations face challenges related to cost control, risk mitigation (due to threats such as ransomware, insider threats, and human error), and lost opportunities. faced an increase in Additionally, as data ages, employees within an organization have less knowledge of what is stored where and who owns it, exacerbating the problem with employee turnover.
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Trend #2: Unstructured data storage on NAS systems was still prevalent
When it comes to unstructured data, you’ll still find much of it stored locally on network attached storage (NAS) systems. Many applications — whether provided by independent software vendors or developed in-house — are built to read and write data using NAS protocols. When a company replatformed its application to the cloud using object storage, it faced a completely different paradigm. This required an application rewrite using object storage APIs, a task few enterprises had the resources to undertake. As a result, large volumes of data still resided on these on-premises systems in 2022
Trend #3: Major cloud service providers increased the number of vendor-branded file services
Given that enterprise customers are unwilling or unable to rewrite existing NAS-based applications to operate with cloud object storage, public cloud providers formed more relationships with traditional on-premises NAS vendors to offer branded cloud-based managed file services.
The managed file services provided customers three main benefits:
- To transfer their legacy application to the cloud provider’s environment, they have a straightforward on-ramp.
- The enterprise customer does not have to change their business to take use of the NAS storage services provided by the cloud provider because the investments made in training, documentation, processes, and management of the conventional NAS systems are kept.
- The cloud provider manages the underlying hardware and operating environment as a managed service, allowing the client to just use the storage service.
Data Trends to Watch in 2023
Trend #1: AI/ML, IoT, and new apps will be major drivers of data accumulation
The need to retain data virtually indefinitely to feed AI/ML processes Data accumulation will increase in 2023. This AI/ML hunger for data is why companies are investing heavily in data collection. Leveraging this data and the insights it provides is expected to maximize business growth opportunities and create competitive advantage.
Nearly every kind of device, now and in the future, will generate massive amounts of data (think IoT). Current and new apps also generate more data and have more end users. Take the number of devices you currently own and multiply by the total number of device users. Additionally, people are creating more content through more applications, fueling the data fire. As this and other data volumes grow, it becomes increasingly important to protect and streamline data management while controlling costs and risks.
Businesses today face a simple choice: store data locally or store it in the cloud. However, next year, many other conditions will have to be taken into account. B. Will you use edge computing (collecting data from multiple locations at the edge of your network) or will you have many remote workstations? Businesses need solutions that help them handle everything in their environment. This is very different than having to manage the main storage system in your data center.
Trend 2: Managing storage costs is becoming a higher priority.
Data values change over time. As the clock advances, the original content is accessed less frequently. Ultimately, records may have little or no access for most organizations. In highly regulated industries such as healthcare and financial services, “old” data cannot be automatically deleted, but neither can it be stored on primary storage as the cost becomes unmanageable.
In 2023, organizations will look to control storage costs by reviewing data migration policies to determine what to do with older data.
Ideally, this review will lead to the implementation of automated data storage and management that is cost-effective and accessible.
Trend #3: AI and ML analyze data trends and characteristics for proactive (and potentially automated) unstructured data management, organization, and optimization of unstructured data storage. provide transformation. Many companies want to know how to create data pipelines to move raw data to other storage systems (such as the cloud) for use in analytical applications. In 2023, ML and AI will become even more of a focus as companies look for ways to take data and apply ML algorithms to it.
For example, there will be automated solutions that allow customers to understand their unstructured data environment before taking necessary business or IT actions. Reports are tailored and streamlined to help users make clear decisions according to their business priorities. Once you have transparency, you can organize your data according to several criteria. B. Data ownership and role, where the data belongs, risk profile, and types of actions taken.
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Content Source: Business d’Or
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