Data Hoarding And The Role Of Storage
Search Storage, March 23rd, 2023
The promise of future insights drives companies to store data. But there are potential drawbacks when storing data and better management methods than keeping everything.
This year, data generation will exceed 100 zettabytes, and there's no end in sight. Enterprises are faced with balancing storage and management costs with the risk of potential data loss.
But companies may be tempted to keep more data than they need. Storage prices have fallen, and newer technologies like AI promise better and faster data insights.
Still, retaining every bit and byte can open up liabilities that outweigh potential value, according to Vincent Berk, chief revenue and strategy officer at cybersecurity firm Quantum Xchange and former computer science faculty member at Dartmouth College.