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Storewiz Cites Cost Concerns
Storewiz survey finds customers' growing concerns around rising storage costs and depleted budgets are negatively impacting IT Environments
July 18, 2007
1 Min Read
SAN JOSE, Calif. -- As annual storage growth rates continue to climb, issues such as rising power consumption, inefficiencies stemming from storing duplicate data files and the lack of budgeted expenditures for data storage are negatively impacting network storage environments at companies around the globe, according to results of an independent survey released today by Storewiz Inc., the only provider of primary storage data compression solutions.
The recently conducted third-party, storage-focused survey featured hundreds of respondents, including network administrators, system managers and other IT personnel from organizations of all sizes, who were asked questions pertaining to their companys storage infrastructure and their needs to control spiraling costs associated with increased hardware investment, management concerns and ever-growing backup storage windows.
Among the survey’s findings were:
Seventy-four percent of respondents say they are interested in reducing the size of stored data and management time by one-third, with 71 percent interested in cutting their backup time by an equal margin.
Eighty-two percent of companies do not have the budget for storage expenditures in the current quarter.
Thirty-nine percent of participants in the study are managing more than 10TB of data with 7 percent handling more than 100.
Most respondents anticipate an 11 to 25 percent annual storage growth rate (48 percent) followed by those expecting a 1 to 10 percent increase (36 percent). Twelve percent forecast between a 26 and 50 percent rate with 4 percent expecting more than 50 percent growth.
Twenty-eight percent of those surveyed are seeing power consumption associated with their data storage rise by as much as 50 percent.
Storewize Inc.
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