December 10, 2012
Cloud storage services
A recent survey conducted by GigaSpaces Technologies found that 80 percent of 243 polled IT executives consider big data as mission-critical information necessary for organizations to grow. According to the study, organizations that handle big data look to process files in real time. Most institutions are also planning to move or considering moving big data to the cloud, while only 20 percent of respondents said they do not intend to move information.
Because typical software are incapable of storing and managing growing data, employers are turning to cloud services to keep confidential files safe at a low cost. Decision-makers who invest in the cloud do not have to worry about taking up space on their company's server, which may cause computers to slow down.
A new report found that the cloud market will continue to thrive in the next six years. According to the Cloud Storage Market Worldwide Forecasts & Analysis study conducted by MarketsandMarkets, experts predict that cloud storage vendors will generate about $46.8 billion by 2018, compared to $5.6 billion in 2012.
Keep up with trends
Canadian businesses that do not adopt big data may be falling behind their competitors, according to a separate report by the market research firm IDC. Ninety-six percent of respondents to the Big Data in Canada: Challenging Complacency for Competitive Advantage survey agreed that the ability to process data as it streams is important. However, less than half of respondents (48 percent) in Canada have invested in big data, and 15 percent do not plan to adopt this new concept.
Security essential to ensure data protection
Managing big data has become a necessary task for companies to properly serve customers. However, as more business owners use the cloud to store and analyze large volumes of information, they should put cloud security measures in place to block hackers and protect files.
-McAfee Cloud Security