India still lacks formal data management strategy

NEW DELHI, INDIA: Commvault has announced findings from a new IDC survey and whitepaper which suggest that data silos within organizations in India are limiting the ability to make insight-based decisions.

The lack of formal strategy in data management is more prevalent in India compared to other countries.

The findings, specifically around how disparate data management leads to increased costs and risk, echo the overarching concerns of CIOs globally.

CIOs are in a prime position to prevent such issues and deploy the necessary solutions to set their organizations up for data management success.

Key findings of the IDC survey include:

28pc of IT decision makers across India report that backup, recovery, data protection and analytics strategies are still managed at a departmental level. 18pc indicated there was no formal strategy at all, significantly higher than the rest of the region.

The top two data management challenges for India include demand for easier and faster data retrieval (78%) and budgetary pressures (70%), which was ranked by APAC as a whole as the 4th challenge, indicating a priority for cost reduction among IT leaders in India.

38pc of IT decision makers in India cited security as a major issue of data silos, compared to an average of 29pc across APAC.

17pc of IT decision makers in India stated that data silos hinder decision making due to poor quality information.

IT burden in India is a concern with nearly 26pc of respondents indicating that their IT team spends a substantial amount of time assisting with document/file retrieval for end users.

Cloud remains among the top investment areas for IT; however the key challenge when moving data to the cloud is ensuring secure and real-time synchronization of confidential and business critical data to improve efficiency (APAC 21%).

"CIOs around the world face a common problem: their data management silos are creating bottlenecks that result in missed opportunities and prevent organizations from achieving the full value of their data as a powerful, strategic asset," said Ramesh Mamgain, Commvault's Area Vice President for India.

The survey and whitepaper, entitled "The Data-Driven Organization: Unlocking Greater Value from Data and Minimising its Associated Costs and Risks," covered 10 countries: Australia, New Zealand, China, Hong Kong, Korea, Singapore, Malaysia, Thailand, Indonesia and India.