While data breaches destroy customer confidence, impact revenues, attract large regulatory fines and cost C-levels their jobs, 76% of data security professionals believe in the maturity of their data security strategy, according to a new study. Despite heavy investments in a variety of data security tools as part of their strategy, 93% report persistent technical challenges in protecting data.
According to a new forecast from the International Data Corporation (IDC) Worldwide Quarterly Cloud IT Infrastructure Tracker, total spending on IT infrastructure products (server, enterprise storage, and Ethernet switches) for deployment in cloud environments will increase by 18.2% in 2017 to reach $44.2 billion. Of this amount, the majority (61.2%) will be done by public cloud datacenters, while off-premises private cloud environments will contribute 14.6% of spending. With increasing adoption of private and hybrid cloud strategies within corporate datacenters, spending on IT infrastructure for on-premises private cloud deployments will growth at 16.6%. In comparison, spending on traditional, non-cloud, IT infrastructure will decline by 3.3% in 2017 but will still account for the largest share (57.1%) of end user spending. (Note: All figures above exclude double counting between server and storage.)
UK organisations that have a well-defined data strategy reported their company's financial performance as substantially ahead of peers in the most recent financial year. The findings emerged from research entitled 'Big data: Forging corporate capabilities for the long-term', a SAS research programme based on a survey conducted by The Economist Intelligence Unit.
February 9, 2016 - The Global Legal Entity Identifier Foundation (GLEIF), the body responsible for ensuring the operational integrity of the Global Legal Entity Identifier (LEI) System, today launched its data quality management program.
Tripwire, Inc., a leading global provider of security and compliance solutions for enterprises and industrial organizations, today announced the results of an extensive Tripwire study conducted by Dimensional Research. The study evaluated key challenges that organizations must address in order to optimize their cyber security and compliance programs. Study respondents included over 500 IT security professionals.
April 5, 2016 - The International Consortium of Investigative Journalists used Neo4j, the world's leading graph database technology, to unearth what's hailed as the world's biggest- ever financial leak story.
February 4, 2016 - Given the increase in threats and vulnerabilities introduced to the market on a daily basis, the process of moving company data securely is critical to the role of IT teams. Today, Ipswitch announced the findings of their new surveythat evaluated the current file transfer solutions and policies in place for 555 IT professionals across the globe. The survey found that while IT teams believe secure file transfers are very important to their organizations, they lack the necessary tools to do so.
A failure to grasp how data is used across the business is one of the most common barriers facing large enterprises today, according to a new whitepaper published by GoldenSource.
March 14, 2016 - Results of a new survey of investment management firms reveals that senior management teams are lagging in their use of data for strategic decision-making, resulting in missed business opportunities.
January 19, 2016 - Options, the leading managed service and IT infrastructure provider to the global capital markets, and GoldenSource, the innovator of enterprise data management solutions (EDM), have today announced a partnership to offer a fully managed solution as a joint offering to clients seeking to improve their enterprise data management (EDM) capabilities.
Research has revealed that more than two-thirds of data management leaders say they have an effective data strategy and an effective approach to data cleansing and analytics, compared to around 10 per cent of laggards. However, there are as many laggards as leaders across most industries, revealing how many companies are falling short in data management. With research from CEBR[i] showing that the value to the UK economy of big data analytics and the Internet of Things combined could accumulate to £322 billion between 2015 and 2020, organisations are urgently seeking ways to overcome growing volumes and varieties of data to exploit its full potential.
March 1, 2016 - INDATA, leading industry provider of software, technology and services for buy-side firms, today announced the top buy-side priorities for data management and trading following a survey conducted at its 2016 User Conference held on February 24-26 in Las Vegas, Nevada. The survey consisted of a variety of US and UK investment management firms including institutional, private client and wealth management.
January 13, 2016 - International Data Corporation (IDC) has completed an in-depth market sizing of the EMEA Big Data infrastructure market focusing on servers, storage, and cloud resources used for Big Data–related activities. These include value creation from merging different data sources, various analytics, log files, and metadata that help identify patterns and generate predictions.