How much of the data created and replicated should be stored?

2021-03-30 03:30

The amount of data created and replicated experienced unusually high growth in 2020 due to the dramatic increase in the number of people working, learning, and entertaining themselves from home, according to IDC. However, less than 2% of this new data was saved and retained into 2021 - the rest was either ephemeral or temporarily cached and subsequently overwritten with newer data.

"The amount of digital data created over the next five years will be greater than twice the amount of data created since the advent of digital storage. The question is: How much of it should be stored?".

Data created in the cloud is not growing as fast as data stored in the cloud, but it is still growing faster than the aggregate DataSphere.

While not all data created or replicated is saved, growth of data creation does ultimately drive growth of the StorageSphere installed base.

"Organizations should consider preparing now to store more data as they seek to achieve digital transformation milestones and improve business metrics by accelerating innovative data analytics initiatives."

The cost to store more data holds organizations back from modifying their data retention policies that would lead to retaining data longer.

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