In the Data Economy where data is the fuel driving enterprises, we should expect changes in the way organizations manage data flow, data protection and data storage.
Enterprise Innovation spoke with the leaders of Commvault to find out what 2019 holds for Asia Pacific organizations seeking to survive and thrive in the Data Economy.
The key message from Commvault, in summary, is: Don’t focus on cost alone, especially in your cloud journey or dealing with the growing volume of data. Focus on the possibilities of the inevitable journey of digital transformation instead.
Successful organizations are looking at agility, faster response to customer or user needs, and other efficiencies – including data protection and privacy. And all these ultimately translate into better business outcomes.
That, in the end, is what really matters – for it is these positive business outcomes that ensure business survival and success.
N. Robert Hammer, Chairman, President and CEO, Commvault, said: “Over just the last 10 years, software has fundamentally changed the way we search for information, watch television, drive and shop. It is about time that enterprises expect the same advances from their data protection software.”
He sees enterprises applying modern innovative technology that not only automate routine tasks, but also intelligently act to help recover, manage and use their data for optimal outcomes, empowering them to picture new possibilities and achieve remarkable results.
Al Bunte, Chief Operating Officer, Commvault, added: “Commvault has combined the latest developments in AI and ML with innovative cloud automation and data activation technologies to change what enterprises can expect from data protection software.”
These include digital tools that automate and orchestrate tedious data administrative tasks, dynamically adjust workloads to meet recovery SLAs and alert users to anomalies that need immediate attention, to smart and simple cloud tools that make the cloud a natural extension of an enterprise’s IT infrastructure, to solutions that deliver insights on how to optimize storage and reduce compliance and other data risks across the enterprise.
Asia Pacific trends
As governments in Asia Pacific, including those in emerging markets, are investing in technology infrastructure especially for smart city initiatives, we will see increasing use of AI and machine learning to better manage the huge volumes of data.
On one hand, GDPR and other national data privacy regulations in the region are making management and security of personally identifiable information (PII) critical for many organizations in Asia Pacific. On the other hand, continued acceleration of cloud adoption and other digital transformation strategies are making data management more complex for organizations.
Patrick Williams, Vice President, Asia Pacific, Commvault, sees three key trends in 2019 resulting from these developments:
1. Automation will hold the key to achieving success in a competitive environment.
Data volumes have been exploding, and this trend is bound to continue as businesses accelerate their digital transformation journeys.
With the widespread adoption of automation and smart technologies such as Artificial Intelligence, Machine Learning and Internet of Things, data will now be generated automatically to provide businesses with much more insights to leverage for business decision-making – only if they are able to manage, protect and use this data the right way.
2. The trend for businesses to consolidate their data management solutions will accelerate in 2019.
With data flow to Asia at least at 45 times since 2005, and with companies working across borders and integrating technologies into operations, the need for better data management only continues to rise. Regulations are increasing the impetus for organizations to have better management and visibility over their data.
Cyber-threats have instilled fear over businesses this year, even in the public sector. The global economy is facing a skills shortage as companies race to adopt new technologies, making it much more difficult to manage data platforms and environments across clouds and on-premise infrastructures.
Consolidation will provide businesses with insights to manage inventory, organize and review data, act upon alerts and finally, automate decisions to improve data management, including governance and risk policy changes.
3. Multi-cloud management will be the standard in 2019.
Multi-cloud provides capabilities to run multiple accounts from a single cloud provider using one solution. Enterprises will continue to pour investments into cloud initiatives, focusing increasingly on technologies and services that enable them to transform the cloud from merely a storage location into a solution that enables new and more agile ways of working.
Orbis Research reports that over 60% of companies in Asia Pacific plan to adopt both on-premise and cloud-based models in this region. Specifically, organizations who moved data and workloads to the cloud last year and disconnected from on-premise servers, are making a return with more zeal in having control over their data.
Technology providers will increasingly move to deliver this agility by offering native support for multiple cloud providers and other powerful cloud tools that equip enterprises with a single interface for efficiently, effectively and responsibly managing applications, workloads and data across both on-premises and cloud environments.