Cloud computing and regulatory compliance boost IT storage spending

February 6, 2014 Off By David

Grazed from v3.co.uk. Author: Madeline Bennett.

The availability of cloud services, and pressure to abide by rules and laws, is having a knock-on effect on firms’ storage requirements and leading to more investment in IT storage, according to the results of recent V3 reader research. Forty-one percent of IT professionals taking part in the study said they plan to spend more or the same as last year on storage during 2014. Data growth, regulatory compliance and cloud computing were cited as key drivers for businesses’ storage budget plans.

However, the research revealed that 41 percent of IT professionals "see no need" to upgrade from their current storage approach to newer approaches like converged storage, to get better value from their investments. Converged storage, where storage components and compute hardware are combined into one piece of hardware, is intended to increase the speed of access to important business data, simplify IT administration and offer better value…

Clive Longbottom, service director at analyst house Quocirca, said the results were "worrying". While he acknowledged that businesses that have already deployed these systems are on the "bleeding edge" of the trend, he said all firms should be considering their options or they will face problems in future…

Read more from the source @ http://www.v3.co.uk/v3-uk/news/2327218/cloud-computing-and-regulatory-compliance-boost-it-storage-spending

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