Big data, the cloud, they all mean bigger IT budgets
May 30, 2014
Grazed from CNBC. Author: Dhara Ranasinghe.
As the use of big data, cloud computing and virtualization grows, so is the allocation of budgets to data centers among corporates. Almost half of the respondents in a 2014 Digital Reality survey of data center trends in the Asia-Pacific published in May said they expect their budgets to increase by 5-10 percent over the next 12 months.
"The increase in data center budgets is directly related to the growth in data that organizations are generating as well as the adoption of the analysis of big data and that’s really shifted the way companies are looking at data centers," said William Stein, the interim CEO and CFO of Digital Reality, a global provider of data center and co-location solutions…
"They see data centers as strategic business assets. Data centers now are much more than depositories of data than they were in the past," he added. "Companies are using them to combine data, analyze it and exchange it with their clients and partners and it’s a trend that we see accelerating with the migration to the cloud."…
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