|
‘Doing more with less’:
Call to maximise IT storage use
Ramani KANGARAARACHCHI
Doing more with less, increasing business demands, growing
complexity, staffing and explosion of new data requirements are the
challenges of Information Technology in the current economic situation,
Director Solutions and Product Group Hitachi Data Systems, Vivek
Venogopal told the launch of the Financial Services Industry Summit at
the WTC Colombo on Tuesday. He was making a presentation on Winning in
the Downturn, Service oriented storage solutions.
He said that currently a large scale of resources are wasted in
companies because of low utilization of storage. It has been revealed
that the usage of this facility is only 20-30 percent at present and the
biggest area of inefficiency in organizations is the poor usage of
storage. Therefore, companies have to make tough decisions because it
gives the economic value to the services in the financial sector at the
end of the day.
Venogopal said that it is necessary to change the way companies look
at storage costs as $ per capacity is no longer meaningful.
Vice President and General Manager for ASEAN, Hitachi Data Systems,
Ravi Rajendran said that financial services providers are in a crisis
and are fighting for survival. However, even with budgets being cut, IT
management must continue to leverage technology to manage compliance and
regulatory needs. Therefore, Hitachi Data Systems helps their customers
to do more with less, and partners them to help win in the downturn.
Assistant General Manager, Just in time Holdings (Pvt) Ltd, Manori
Unambuwe said that as Sri Lankan businesses become more integrated into
the global economy, their storage needs have become increasingly more
sophisticated and that is why the company has partnered with Hitachi
Data Systems.
The combination of JITs deep local knowledge together with Hitachi
Data Systems award winning solutions will help Sri Lanka’s business reap
significant business results from technology deployment, she said.
Hitachi Data Systems, a wholly-owned subsidiary of Hitachi Ltd is the
only provider of Services Oriented Storage Solutions.
*************
Importance of data storage
* In a survey conducted by Hitachi Data Systems in November 2008, 88
percent of CIOs confirmed that the phenomenal growth of data makes
storage a top priority in enterprises even in the wake of the current
financial crisis.
* Technology heads taking part in the survey from across Asia Pacific
unanimously agreed that IT is embedded closely in all business
operations, which makes leveraging IT efficiently a critical task. On
the topic of storage solutions spent amidst the turmoil in the money
markets, 57 percent of the CIOs stated that they would not reduce their
storage investments.
* Managing costs (69 percent) and allocation of storage resources (52
percent) are the most critical tasks to be achieved in the uncertain
economic climate, while a centralized approach to business is the
single-most important factor that defines business success according to
technology decision-makers.
*************
|
