IT and data management challenges for 2021

2020-11-24 04:30

Cohesity announced the results of a survey of 500 IT decision makers in the United States that highlights critical IT and data management challenges midsize and enterprise organizations are facing as companies prepare for 2021.

Some of these challenges came to light as companies answered questions about their appetite for Data Management as a Service.

Many midsize companies are struggling to compete against larger enterprises because of inefficient data management: 27 percent of respondents from midsize companies say they have lost 25-50 percent of deals to larger enterprises because larger enterprises have more resources to manage and derive value from their data.

Technology is needed that makes it easier to derive value from data while also reducing stress levels and employee turnover: When respondents were asked about the benefits of deploying a DMaaS solution versus spending so much time managing data infrastructure, 61 percent cited an ability to focus more on deriving value from data which could help their organization's bottom line, 52 percent cited reduced stress levels for IT teams, and 47 percent are hopeful this type of solution could also reduce employee turnover within the IT team.

If the vendor only offers BaaS, 70 percent are concerned they will have to work with more vendors to manage their data and doing so is likely to increase their workload, fail to help reduce costs, and lead to mass data fragmentation where data is siloed and hard to manage and gain insights from.

News URL

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