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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
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 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.”
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