Online Data Storage for better Privacy & Security
As the world becomes increasingly digitized, there has been exponential growth in big data. Through big data analytics, businesses can easily unlock faster and better means to enhance customer engagement, improve customer loyalty, realize the potential of data driven marketing, sustain business activity, and identify the reasons for issues and failures in real time. Thus big data helps businesses to learn new ways of doing business. With data becoming an important business asset, organizations look at multiple options for their storage needs. Besides, in order to comply with the various regulations and legal procedures, organizations are required to back up data for longer periods of time, which means more storage space. Here is a look at the various factors that call for more sophisticated storage solutions:
- Big data necessitates the need for a solution that is easy to access, efficient to manage and low cost to maintain.
- Government regulations such as Sarbanes-Oxley Act (SOX) requires organizations to produce requisite records whenever asked for.
- Organizations need to backup records including email messages dating back five years or more in order to comply with legal obligations.
- Enabling new applications or updating existing applications demand more storage space.
- To ensure cyber security, more vigilant backups are required, which calls for more storage capacity.
- Necessity to store and stream large media files such as videos demand more storage.
Some Facts and Figures
Data is growing at a rapid pace. By 2020 the new information generated per second for every human being will approximate amount to 1.7 megabytes.
By 2020, the accumulated volume of big data will increase from 4.4 zettabytes to roughly 44 zettabytes or 44 trillion GB.
The Total Data market is expected to grow from just under $70bn in revenue in 2015 to $132bn in 2020.
In 2019 IT storage spending will increase 2.73 percent globally compared to the year before.
Worldwide spending on data storage is expected to exceed 51 billion U.S. dollars by 2019.
Ninety percent (90%) of small businesses say their cloud storage is secure, a small increase (+3%) from 2016.
The majority of small businesses that store customer credit card and banking information (62%) or medical data (54%) in cloud storage say they do not follow industry regulations, despite some regulations being mandatory.
Over half of small businesses use encryption (60%), employee training (58%), or two-factor authentication (53%) to secure their cloud storage.
Dutecs, one of the reputable storage companies, understands your storage requirements and comes up with a solution that is tailor made to suit your needs now and in the future.With Dutecs as your partner, you benefit from:
Security : Protects electronic data from being lost by backing it up in multiple locations and by providing the best cyber security possible
Accessibility : Easily access specific file or group of files data on any device from any Internet enabled location
Scalability : Easily scale up and down storage space as per business needs
Encryption : Encrypts data to ensure data protection
Affordability : No need to install, upgrade, or expand servers; no worries about infrastructure and maintenance costs