We’re in the midst of data overload.
Worldwide data creation is expected to grow to 175 zettabytes by 2025, according to a study by IDC — an astounding 61% compounded annual growth rate from 2019. Approximately 80% of this data will become inactive legacy data that is never accessed or used again. However, this data must be kept available and accessible due to ever-changing regulations that require organizations to retain data anywhere from four years to forever.
With data volumes poised to mushroom, companies must come to grips with data management — accounting for privacy, compliance, and security issues, while ensuring data is continuously available to the business.