As data volumes dramatically increase, enterprises are in danger of being overrun by unstructured data. But the issue isn’t having the capacity to store all that data, but rather the need to manage it properly and cost effectively for business value—especially in long-term retention use cases.
No one should be surprised to learn that digital data is growing at a breakneck pace, driven heavily by rapid proliferation of unstructured data such as files, video and social media. And unstructured data is growing much faster than other forms of data— upwards of 40-80% annually, depending upon the application and use case.
While there are many factors contributing to these trends, one of the major catalysts is long-term retention (LTR) requirements in regulatory, legal and governance scenarios, including data protection measures such as backups and archives.