Industry executives and experts share their predictions for 2018. Read them in this 10th annual VMblog.com series exclusive.
Contributed by Derek Smith, Chief Executive Officer at Naveego
A Custodial Shift of Data Management to Meet The Needs of A Digital Economy
Organizations
must adapt to meet the requirements of the new digital economy where data is
the most prized asset. Unfortunately, the management of the underlying storage
for this most valuable of assets still remains with centralized IT, who look at
data from an infrastructure perspective, as a cost to manage, rather than the
asset it has become. I predict that in 2018 the management of data storage will
shift from centralized IT to individual business units. This transition will
lead to a more focused approach around each application's and user's need for
data and their ability to access it when and where they want it.
The
reason 2018 will be that transformative year of change is because:
1. We
are in an API driven world and the maturity of API's allows for applications to
write to and leverage storage management software to automate the creation and
management of their data.
2. Storage
technologies are starting to meet the scale required for the vast amounts of
digital content that is created. Object Storage in particular provides the
scalability, redundancy and security required to meet the vast deluge of data.
3. The
cost of storing data is dropping as the price of raw disks, both flash and
SATA, continue to drop substantially year over year.
4. The
public cloud providers have proven that creating nimble infrastructure is
feasible at scale. Application users are experienced in selecting criteria upon
which to purchase and manage their storage.
The
digital economy is creating a new asset category where the mining of each 1 and
0 is The Competitive Difference. 2018 will see the shift of the custodian of
these 1s and 0s from traditional centralized IT to the rightful owners of the
data, the business units.
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About the Author
Derek Smith is the Chief Executive
Officer at Naveego, where he designs and develops the platform that is helping
businesses tackle data quality and master data management. As CEO, he also
guides Naveego as it experiences its early stage growth; helping to shape the
company into a leading cloud data management platform. At Naveego, Derek is
responsible for the company's development and deployment. By implementing
automated build solutions, he helped Naveego achieve rapid application
deployment. Derek is also responsible for the design
and implementation of the company's cloud infrastructure. He has designed and
deployed production environments in both Microsoft Azure and Amazon Web Services.