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RESEARCH: STORAGE BUYING<br />

READY TO GROW<br />

FINANCE MANAGERS ARE MORE LIKELY TO APPROVE STORAGE SOLUTIONS THAT ARE FUTURE-<br />

PROOFED TO COPE WITH RAPID AND UNPREDICTABLE GROWTH - AND WHICH INCLUDE THE ABILITY<br />

TO ADD CAPACITY WITHOUT REPLACING ENTIRE SYSTEMS - SAYS NEW RESEARCH FROM FUJITSU<br />

equipment which prematurely reaches end-oflife,<br />

and a high reliance on skilled IT staff and<br />

the challenges associated with maintaining<br />

these skills.<br />

Looking forward, finance professionals<br />

outlined the key characteristics they expect to<br />

see in relation to new storage technology -<br />

highlighting three factors as most important:<br />

Automation to reduce reliance on manual skills<br />

to minimise both cost and risk; the ability to add<br />

capacity as demands increase, without<br />

replacing entire systems, and overall system<br />

flexibility to better deal with high and<br />

unpredictable data growth.<br />

Data storage requirements for small and<br />

mid-size businesses are predicted to<br />

double over the next four years,<br />

according to a new Fujitsu study among senior<br />

finance professionals in small and medium<br />

sized businesses (SMEs). In turn, this high<br />

growth is causing widespread concern (76%)<br />

that high or unpredictable data growth will<br />

lead to escalating data storage and<br />

management costs.<br />

According to a survey conducted among 182<br />

Chief Financial Officers across Europe, the<br />

Middle East, Africa and South Asia, three in five<br />

see technology as an important enabler of<br />

operational efficiency during digital<br />

transformation (59%). More than a quarter of<br />

CFOs surveyed view technology as a key<br />

source of competitive advantage (28%).<br />

However, with a keen eye on risk, issues of<br />

data availability, data protection and data<br />

security are front of mind for finance decision<br />

makers, who also expressed anxiety about the<br />

implications of an unexpected growth in data<br />

volumes. Top issues include the need to fund<br />

additional storage capacity and concerns about<br />

spiraling data management costs due to rapidly<br />

increasing data volumes.<br />

Senior finance professionals are also acutely<br />

aware of the challenges that traditional disk and<br />

tape-based storage solutions and expressed<br />

frustration at factors such as systems hitting an<br />

expandability wall, leading to investment<br />

requests coming out of the blue; the waste of<br />

Olivier Delachapelle, Head of Category<br />

Management Data Center at Fujitsu in EMEIA,<br />

comments: "The findings from our survey of<br />

CFOs confirm that security and data protection<br />

are key objectives for any storage<br />

modernisation initiative. With nine in 10 senior<br />

finance professionals putting general futureproofing<br />

high on the agenda, the days are<br />

clearly numbered for the traditional scale up<br />

approach to storage. In the digital business<br />

landscape of today, more than ever, small and<br />

mid-size businesses need storage solutions that<br />

aren't going to hold them back, no matter how<br />

fast growing or unpredictable their demands for<br />

data storage and backup."<br />

The survey, 'A Finance Perspective on Storage<br />

Investments', sponsored by Fujitsu, was<br />

conducted in June 2017 among 182 senior<br />

finance professionals across Europe, the Middle<br />

East, Africa and South Asia. The participants<br />

worked in Small and Medium Sized Enterprises,<br />

drawn from a variety of industry sectors,<br />

including manufacturing, retail, travel/transport,<br />

financial services, telecoms, healthcare/life<br />

sciences and automotive.<br />

More info: www.fujitsu.com<br />

^<br />

20 STORAGE Nov/Dec 2017<br />

@STMagAndAwards<br />

www.storagemagazine.co.uk<br />

MAGAZINE

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