Future requirements for data archiving
Traditional solutions, such as proprietary hardware silos, were not designed for today's rapid data growth. Organizations face significant challenges in managing, storing and protecting their data. Scalability of data storage capacity at a reasonable scale plays a critical role in meeting storage requirements as well as ensuring cost efficiency.
Retention periods ranging from several years to a decade or two (in some cases longer) apply to many types of data and documents. Developments in storage technologies require frequent data migrations, which create additional costs and uncertainty. As all industries undergo rapid technological advancements and storage technologies and requirements continue to evolve, a more flexible approach is required today.