Take a quick look around the business world today, and it becomes apparent that many companies are at a crossroads when it comes to data governance. This is especially an issue for businesses that are still in their early growth stages – they’re trying to quickly incorporate more data into what they do, but that development brings logistical headaches as they scramble to curate their many files.
The question is one of finding the optimal data center services for running a business effectively. Many companies, especially in the early going, have a tendency to store their data on servers, and they eventually graduate to rooms full of them. This works to a point, but many companies outgrow it. Then, they consider large-scale solutions like building entire data centers to house their information. This can be effective, potentially, but sometimes it’s too big an undertaking. The challenge is to find a happy medium.
According to Redmond Magazine, the prevailing sentiment nowadays is that colocation solutions can be that medium. Silicon Valley tech expert John Waters recently told the news source that while cloud computing has been a major buzzword in business for years, colo is emerging as preferable for reasons of cost, security and performance.
“The evolution of affordable enterprise cloud services has made it more and more difficult for companies to justify the cost of managing on-prem datacenters,” Waters noted. “Public cloud services also allow enterprises to deliver content and services provided by outward-facing applications from datacenters closer to their customers – and yet many organizations are still reluctant to rely on public clouds.”
Companies are adopting colocation because it’s a great way to get data center connectivity exclusively for themselves, without running the major risk of data breach. For this reason, Redmond Magazine reported, it’s expected that the total market for colo services will grow from an estimated value of $25.70 billion in 2015 to $54.13 billion by 2020.
But is that all that’s rapidly changing the data management landscape? Or, besides colo, are there other major trends worth watching as we move forward? You might be surprised. The following is a look at four other key developments worth watching:
1. Converging disparate IT architectures
It’s unfortunately common today to have many siloed reserves of data scattered around the enterprise. Different employees and departments have files stored in different places, making it difficult for employees to share information and collaborate. Convergence is going to be a key theme in data governance in the near future.
2. Enabling “big data” capabilities
Increasingly, companies in 2016 are exploring what analytics can do to help them make better decisions. Data management should play a role in this – colo providers and other storage solutions should make it easy to access large volumes of data and analyze them quickly to make real-time business improvements.
3. Striving for high-tech agility
“Agility” is another buzzword you hear a lot in IT circles these days. Companies need to be on their toes, ready to adjust their strategies if another more efficient data management strategy comes along. The best solutions are both highly effective today and nimble in case changes need to be made tomorrow.
4. Improving data security
Cybersecurity is an issue that’s on everyone’s minds. Data breach incidents grow more common every year, as intruders are finding creative new ways of hacking into databases, stealing data and even modifying it. Corporate IT leaders in the near future will look for ways they can invest in cybersecurity. Even if these moves have a significant cost in the short run, the financial benefits they provide moving forward should well outweigh the expense.