ST1711
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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