Data and storage management
- how to get better value!
Increase Profitability Through Efficient Data And Storage Management
The Harvard Business Review states that companies have been sloppy with their spending and use of IT, particularly with data storage.
DataFrameworks have produced a white that paper illustrates just how unnecessary storage consumption (and therefore unnecessary expense) can occur.
The current business environment has highlighted the fact that:
Revenues – Costs = Profit or (Loss).
Organizations under increasing pressure to increase profitability might consider employing storage technology to generate revenues and/or reduce costs. Recent increases in data and the necessary computer storage resources coupled with the "downstream costs" associated with those storage resources, have many organizations focusing on the profitability associated with data and the accompanying storage resources. Ideally, data and the accompanying computer storage resources would deliver tangible benefits to a Company’s bottom line either by increasing revenues or decreasing costs.
Ultimately, what management wants to see is what return they are getting from their storage investment. However, the determination is difficult without a clear of how the data consuming the storage resources is related to business objectives. Increasing the profitability associated with data storage must encompass two factors:
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1)
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Burgeoning Data – what is driving the burgeoning data that creates the demand for storage resources.
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2)
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Storage Technologies – what storage resources and technology are deployed to most cost effectively satisfy the data demands.
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