SYDNEY Australia – April 8, 2014 — /BackupReview.info/ — CommVault (NASDAQ: CVLT) today released findings from a new IDC survey and whitepaper titled, “Driving Smart Data Management,” which demonstrates that the increasing cost of collecting and analysing today’s business data is placing corporations in the Asia-Pacific (APAC) region at risk for litigation through compliance breaches, and is negatively impacting their competitive potential in the wider market.
Commissioned by CommVault, the IDC “Driving Smart Data Management” whitepaper was based on a survey of more than 500 IT executives across Asia-Pacific.
Key findings include:
According to Rick Theiler, vice president, sales, Asia Pacific theatre for CommVault, organisations of all sizes and across all industries are missing out on business opportunities by ignoring the valuable data that they already have. Companies are losing money as they continue to overlook the significance of analysing unstructured datasets.
“Unstructured data comprises the constant stream of information generated from everyday interactions via email, social media and on mobile devices. It’s also about collecting data from monitoring equipment, scientific research, and from medical and government records,” said Theiler. “The most critical element is being able to identify what that data is and where it resides within an organisation. That process of data analysis and classification enables the business to make intelligent decisions about which data should be kept and what should be discarded.”
A missed opportunity to gain business value from increasing volumes of captured data
There is a large discrepancy between the amount of data growth across Asia-Pacific organisations and the level of analysis that is being applied, especially when considering analysis of semi-structured and unstructured data generated via text from communications systems.
The survey findings show that:
According to Daniel-Zoe Jimenez, IDC Senior Program Manager of Big Data and Analytics, Data Management, and Enterprise Applications (white paper author), “The real opportunity exists in combining internal sources of data, like customer data, with external sources like social networking and location. This can help organizations gain a holistic view of their customer transactions and circumstances, enabling them to understand preferences, habits, and future requirements — all in context. ANZ organizations are among the most mature in the region, and they are now becoming more focused on utilizing their data to the fullest extent possible, but the lack of skill sets, optimal tools, and gaps in processes still present challenges.”
Data environments in APAC are complex combinations of physical and virtual locations
The survey also found that organisations in the APAC region are spreading critical business data across a combination of multiple locations, legacy physical systems and cloud-based services, adding to the complexity of ingesting, protecting and accessing information. The whitepaper suggests that in order to derive value from data across these increasingly disparate tiers and physical locations, it is critical that data be transitioned into a single, consistent, vendor-agnostic and universally accessible store.
The survey findings show that across Asia-Pacific:
“Data management continues to be a top challenge for organizations in APAC, especially in the context of Big Data and cloud. All this demands new approaches to managing, finding, and analyzing data across different sources. Having a holistic view into all data assets across applications, devices, operating systems and locations is critical,” said Jimenez.
Asia-Pacific firms that have approached CommVault to solve such challenges in the past six months include Australian Federal Department of Treasury, Stock Exchange of Thailand, CITIC, Consolidated Minerals and Comcare.
Theiler stated, “An effective data management solution needs to provide data protection, replication, snapshots and archiving of data from both physical and virtual environments. Regardless of where that data resides, whether it’s in the cloud or in the physical datacentre, this kind of single unified solution not only alleviates customer concerns around how to effectively manage and protect data, but it also provides key insights into unstructured data that facilitate smart business decisions.”
Source and Sample size
The IDC “Driving Smart Data Management in the 3rd Platform Era —An Integrated Approach to Managing, Accessing and Protecting Critical Data,” Asia Pacific results survey and whitepaper were commissioned by CommVault Australia and conducted independently by IDC’s Big Data & Analytics and NGEA in January 2014; they are based on responses provided by 505 IT decision-maker respondents across APAC.
Resources
Get Involved
About CommVault
A singular vision – a belief in a better way to address current and future data management needs – guides CommVault in the development of Singular Information Management® solutions for high-performance data protection, universal availability and simplified management of data on complex storage networks. CommVault’s exclusive single-platform architecture gives companies unprecedented control over data growth, costs and risk. CommVault’s Simpana® software suite of products was designed to work together seamlessly from the ground up, sharing a single code and common function set, to deliver superlative Data Protection, Archive, Replication, Search and Resource Management capabilities. More companies every day join those who have discovered the unparalleled efficiency, performance, reliability, and control only CommVault can offer. Information about CommVault is available at www.commvault.com. CommVault’s corporate headquarters is located in Oceanport, New Jersey in the United States.
Safe Harbor Statement
This press release may contain forward-looking statements, including statements regarding financial projections, which are subject to risks and uncertainties, such as competitive factors, difficulties and delays inherent in the development, manufacturing, marketing and sale of software products and related services, general economic conditions and others. Statements regarding CommVault’s beliefs, plans, expectations or intentions regarding the future are forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from anticipated results. CommVault does not undertake to update its forward-looking statements. The development and timing of any product release as well as any of its features or functionality remain at our sole discretion.
©1999-2014 CommVault Systems, Inc. All rights reserved. CommVault, CommVault and logo, the “CV” logo, CommVault Systems, Solving Forward, SIM, Singular Information Management, Simpana, Simpana OnePass, CommVault Galaxy, CommVault Edge, Unified Data Management, QiNetix, Quick Recovery, QR, CommNet, GridStor, Vault Tracker, InnerVault, Quick Snap, QSnap, Recovery Director, CommServe, CommCell, IntelliSnap, ROMS and CommValue, are trademarks or registered trademarks of CommVault Systems, Inc. All other third party brands, products, service names, trademarks, or registered service marks are the property of and used to identify the products or services of their respective owners. All specifications are subject to change without notice.
GLOBAL CONTACT
Liem Nguyen
732.728.5370 (direct)
512.970.9711 (cell)
lnguyen[@]commvault.com
www.commvault.com
Source: CommVault
Tags: CommVault
Copyright © 2004 - 2020 Backup Review.info | Sitemap
RSS feed for comments on this post · TrackBack URI
Leave a reply