Data Gone Wild: Rampant Growth and Clouds Heighten Risk

Data may be the new oil, serving as the digital feedstock for innumerable downstream products. But like oil, data also carries risks for those attempting to harness it. Could a Deepwater Horizon-style event be lurking in your digital future?

According to a new survey of midsize businesses by from StorageCraft, nearly nine out of 10 IT professionals think that data volumes will grow by 10x over the next five years. That’s a tremendous rate of growth, and one that mostly jibes with the numbers collected by IDC and other analyst firms. What does this growth mean for companies? More than half of the survey respondents said they were “realistically concerned” about the impact of “extreme data growth.” They accepted that it carries risk for the organization that will need to be managed.

Author: Alex Woodie

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