The last couple of years have seen major changes in the growth of data and how it is managed and utilised. In 2015, IBM estimated that 2.5 quintillion new bytes of data were generated each day, and throughout 2016, this data proliferation showed no sign of slowing down as more businesses undergo digital transformation to better respond to the rapidly changing industry demands.
Many companies have started to appoint a chief data officer to exclusively control, manage and govern this surge in data volume. How this data and content was stored is also a growing concern, causing more businesses to migrate to the cloud or hybrid solutions, as these provided numerous advantages in terms of facilitating collaboration, ease of access and unparalleled cost savings compared to on-premise storage.
Author: Hugh Owen