Businesses are generating vast amounts of data, but instead of putting it to good use, they’re letting it sit and rot, never using it to realize various business benefits, new research has said.
A report from storage and information management services provider Iron Mountain claims that 200 Exabytes of data are generated every day (1.1 Gigabytes per person, per hour), with enterprises accounting for almost half (42.2%) of that.
The Covid-19 pandemic has played a major role in the growth of data generated, it added, as many businesses accelerated their digital transformation projects last year in a bid to stay operational in what was a highly disruptive period.
However, these businesses often don’t have the infrastructure necessary to support this data and make use of it. They’re unable to properly analyze, protect or streamline the data coming into their digital sandpit. As a result, instead of indexing the data, using what’s useful and removing the rest, they just send most of it to storage.
Data haystack
What they end up, Iron Mountain claims, is a “data…
