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Cohesity Research Underscores Critical Challenge Facing Enterprises in a Data-Driven Economy: Mass Data Fragmentation

November 14, 2018

SAN JOSE, Calif.--(BUSINESS WIRE)--Nov 14, 2018--Cohesity, the leader of hyperconverged secondary storage, today announced the results of a global survey that validates a critical problem plaguing enterprises around the world: mass data fragmentation. The survey of more than 900 senior IT decision makers revealed that 87 percent believe their organization’s secondary data is fragmented across silos and is, or will become, nearly impossible to manage long-term, which could have devastating consequences. Respondents cited growing fears around competitive threats, compliance risks, job losses, sinking morale, and missed opportunities to increase revenue by as much as 10 percent.

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Mass data fragmentation refers to the growing proliferation of data spread across a myriad of different locations, infrastructure silos, and management systems that prevents organizations from fully utilizing its value. The survey, commissioned by Cohesity and conducted by Vanson Bourne, found that 86 percent of decision makers believe it’s important, very important, or extremely important to solve the challenges of mass data fragmentation. Respondents are employed by enterprises in the United States, United Kingdom, France, Germany, Australia, and Japan, across a variety of industries including financial services, healthcare, life sciences, media and entertainment, technology, and the public sector. The companies represented in the survey had average revenues of $10.5 billion.

“IT leaders globally are wrestling with mass data fragmentation and the snowball effect caused by this critical infrastructure challenge,” said Mohit Aron, CEO and founder of Cohesity. “Data silos create compute and management silos, and it becomes nearly impossible for organizations to solve this constantly growing problem. Data becomes a burden when it really should serve as a competitive asset.”

What Is Driving Mass Data Fragmentation?

The results show there are several core issues accelerating mass data fragmentation challenges.

Data is massively siloed: There is fragmentation across and within silos. This problem is exacerbated by the sheer volume of point products used to manage secondary workloads such as backups, file shares, object stores, test and development, and analytics. 35 percent of respondents reported using six or more different solutions to manage all of their secondary data operations. More than 10 percent of organizations use 11 or more solutions. Data copies are multiplying: There are copies of the same data everywhere because point products don’t allow data sharing or reuse. 63 percent of organizations have 4-15 copies of the same data. Data is spread across multiple locations: Data sprawl is happening on-premises and in the cloud, adding even more management complexity. 85 percent of respondents store data in two to five public clouds, and that includes 16 percent that store data in four or more public clouds.Among organizations that store data in public cloud, 74 percent report making an alternate or redundant copy of that data, storing it in either the same public cloud or another public cloud, adding even more data copies to oversee.

Mass data fragmentation has the potential to wreak havoc on IT teams and budgets that are already spread thin. The overwhelming majority of respondents believe it will take their IT teams more time to manage secondary apps and data – on average 31 percent more time, or an additional 16 weeks each year – if proper tools aren’t in place. And for those who believe their organization’s secondary data is fragmented, more than half fear they will exceed their IT budget due to spending on unnecessary storage.

Concerns About Compliance, Competitiveness, and Employee Well-Being

The survey also uncovered serious risks that mass data fragmentation poses to organizations.

Compliance risks and competitive challenges:

At a time when compliance regulations are front of mind for organizations, 91 percent of respondents said they were concerned about the level of visibility that the IT team has into secondary data across all sites. Of those who feel that their organization’s secondary data is fragmented across different silos of infrastructure: 49 percent believe that failing to address mass data fragmentation will put their organization at a competitive disadvantage.47 percent said customer experience would suffer because fragmentation would make it impossible for their organizations to glean insights from secondary data.

Employee well-being:

If IT is expected to manage all of the organization’s secondary data and apps without proper technology:

38 percent fear massive turnover on the IT team, and 26 percent said that they or someone on their team would consider quitting. 43 percent believe culture within the IT team will take a nosedive because expectations are out of whack and the organization is not set up for success. 42 percent said employee satisfaction and morale would suffer.

Solving Mass Data Fragmentation Unlocks Significant Rewards

Ninety-one percent of senior IT decision makers said that if half of the IT resources their organization spends managing secondary data were redeployed to more business-critical IT actions, it could have a positive impact on the company’s revenues over a five-year period.

Nearly 30 percent of respondents believe this adjustment in IT resources could increase revenues by at least six percent over a five-year period. And, nine percent say revenue could increase by 8-10 percent or more. With average revenue of companies above $10 billion, an 8-10 percent increase would translate to roughly $800 million to $1 billion in new revenue opportunities.

For More Information

Read Cohesity’s blog post, “What Is Mass Data Fragmentation?” View the complete market study from Vanson Bourne Watch the video explaining mass data fragmentation

About Cohesity

Cohesity makes your data work for you by consolidating secondary storage silos onto a hyperconverged, web-scale data platform that spans both private and public clouds. Enterprise customers begin by radically streamlining their backup and data protection, then converge file and object services, test/dev instances, and analytic functions to provide a global data store. Cohesity counts many Global 1000 companies and federal agencies among its rapidly growing customer base and was named to Forbes’ “Next Billion-Dollar Startups 2017,” LinkedIn’s “Startups: The 50 Industry Disruptors You Need to Know Now,” and CRN’s “2017 Emerging Vendors in Storage” lists. For more information, visit our website www.cohesity.com and blog https://cohesity.com/blog/, follow us on Twitter https://twitter.com/cohesity and LinkedIn https://www.linkedin.com/company/3750699/ and like us on Facebook https://www.facebook.com/cohesity/.

About Vanson Bourne

Vanson Bourne is an independent specialist in market research for the technology sector. Their reputation for robust and credible research-based analysis, is founded upon rigorous research principles and their ability to seek the opinions of senior decision makers across technical and business functions, in all business sectors and all major markets. For more information, visit www.vansonbourne.com

View source version on businesswire.com:https://www.businesswire.com/news/home/20181114005163/en/

CONTACT: Jenni Adair

Director of Corporate Communications

650-400-1871

jenni@cohesity.comBOCA Communications for Cohesity

cohesity@bocacommunications.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT INTERNET SOFTWARE SECURITY

SOURCE: Cohesity

Copyright Business Wire 2018.

PUB: 11/14/2018 09:00 AM/DISC: 11/14/2018 09:01 AM

http://www.businesswire.com/news/home/20181114005163/en

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