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Tuesday, 07 July 2015 15:00

Data silos cause problems, need for ‘centralised’ data strategy Featured

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Data silos cause problems, need for ‘centralised’ data strategy Image courtesy of Stuart Miles, freedigitalphotos.net/images

Companies are not getting full value from their data due to the creation of data silos which limit their ability to make insight-based decisions and result in increased IT costs, according to a newly published global survey.

According to the Commvault-commissioned survey by IDC, 40% of IT decision makers across APAC report that backup, recovery, data protection and analytics strategies are still managed at a departmental level.

And, in Australia and New Zealand, 34% of IT decision makers cited security as a major issue of data silos, compared to an average of 29% across APAC.

According to Bryan Stibbard, Commvault’s Area Vice President for Australia and New Zealand, the report findings validate the necessity for “speed and scale” when it comes to managing business critical information, and they will struggle to realise business value of key data assets without a holistic data management strategy in place.

“CIOs around the world face a common problem: their data management silos are creating bottlenecks that result in missed opportunities and prevent organisations from achieving the full value of their data as a powerful, strategic asset.

“By taking a more integrated approach to data management, they are able to more easily leverage new and more open technology like the cloud, while increasing information security.”

Stibbard points to the fact that the survey found that data is spread across different departments and locations on-premise, in third-party datacentres and in highly-virtualised environments, with key data management processes often not well defined, managed or measured, leading to C-level concerns.

According to Commvault, solutions that can enable end-to-end management, protection and access of all data assets are highly considered by CIOs in Asia Pacific, and supports the adoption interest on a global scale.

Stibbard points to the issues of data silos highlighted by the shift towards what IDC calls the ‘3rd Platform’, where businesses are increasingly focused on taking holistic views of their data in order to effectively make informed business decisions.

According to Stibbard the 3rd Platform approach presents significant opportunities for businesses to drive future growth and innovation and reinforces the risks in the departmental approach to data management.

And, according to Daniel-Zoe Jimenez, Senior Program Manager, Big Data, Analytics, Enterprise Applications & Social at IDC, in the 3rd Platform era, “becoming a data-driven organisation is no longer a choice, but a necessity.”

“Making decisions based on data-driven approaches not only increases the accuracy of results, but also provides consistency in how the results are interpreted and fed back into the business.

“This necessary shift in the way data is stored, managed and analysed requires organisations to move from departmental (or siloed}."

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Peter Dinham

Peter Dinham is a co-founder of iTWire and a 35-year veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

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