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Report: 65% of IT leaders are buying unstructured data analytics

Hand holding unstructured virtual particle data.

Image Credit: Yuichiro Chino/Getty

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Enterprises are storing more data than ever before. How much? Based on the Komprise 2022 Unstructured Data Management report, over fifty percent are managing 5 petabytes or even more of data in comparison to significantly less than 40% in 2021. Most (68%) are spending a lot more than 30% of these IT budget on data storage, backups and disaster recovery.

How are companies storing this data and what exactly are their struggles, plans and priorities for managing unstructured data?

Situation: Cloudy with the opportunity of data

Based on the report, the cloud may be the dominant storage medium. Nearly half (47%) of respondents said they’ll spend money on cloud network attached storage (NAS), accompanied by cloud object storage (43%).

Meanwhile, companies are shifting from simply driving storage efficiencies to delivering data services in the cloud, like the capability to leverage file and object data in cloud analytics tools for competitive gain: 65% of respondents said they’re buying unstructured data analytics, with the purpose of putting more power in the hands of customers.

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A fresh method of unstructured data

The opportunity to initiate and execute automated data workflows for a number of use cases may be the leading new method of unstructured data management.

Image credit: Komprise.

IT leaders are realizing that by moving the proper data correctly to the cloud, they are able to leverage affordable AI [artificial intelligence] and ML [machine learning] tools and glean new value from the petabytes of unstructured data theyve been storing on expensive data center appliances, said Krishna Subramanian, cofounder, COO and president of Komprise.

Komprises research also discovered that IT leaders are centered on unstructured data management in an effort to not only spend less, but protect sensitive data, improve big data analytics, segment data for M&A transactions and enable data deletion policies.

The Komprise 2022 Unstructured Data Management Report summarizes the responses of 300 enterprise IT directors, VPs and C-level executives at companies with an increase of than 1,000 employees in the usa and in the united kingdom.

Browse the full report from Komprise.

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