Today’s businesses are under increasing pressure to become a digital-native enterprise (DNE). According to IDC, who coined the term, DNE refers to an organisation that “scales its operations and innovates at an order of magnitude that is greater than that of traditional businesses” through digitally-driven philosophies, best practices, tools and technologies.
The benefits of digitally transforming is becoming more and more evident. But for a country like Malaysia where the adoption of new technologies typically lags that of developed nations by a couple of years, it is the rising global competition that is directly affecting them that has truly made people realise that they have to adapt and embrace this wave of digital change or be swept away by the currents.
While a growing number of Malaysian businesses have already started combining their use of traditional IT with public and private cloud services and architectures, discussions that IDC conducted with Malaysian companies at an executive roundtable event in 2018 found that most were still in the early stages in terms of “intelligent” data management.
Why is it so important for data management to be “intelligent”?
Once businesses start dipping their toes and eventually dive into things like virtualisation, IoT deployment, multicloud and hybrid cloud strategies as they digitally transform, one common challenge is keeping track of what data they have, how and where their data is stored, who has access to their data and managing the data sprawl in an age of exponential data growth.
Without being able to do all this methodically and efficiently, protecting data and making sure that data is always accessible and available become almost impossible. The important point to note is that storage and data management are the key enablers of any tech-driven business transformation journey.
What constitutes an “intelligent data management” strategy?
According to Veeam, at the most fundamental level, it has to encompass five critical stages, namely backup, aggregation, visibility, orchestration and lastly, automation.
To summarise, the first two stages are about ensuring the access and protection of all data and workloads across multiple locations. The next three stages are at the crux of what makes modern enterprises “digitally native” – getting real business value out of the data that they have.
Out of the Malaysian delegates that were present during IDC’s roundtable discussion, only a small percentage ranked themselves in the later stages, while the vast majority (around 80%) were still in the early stages of the intelligent data management maturity scale. This shows that Malaysian companies are taking steps to becoming more contextually aware of their data but reaching a point where the data is capable of intelligent self-management is still a long way off.
On a positive note, IDC has noticed that the DNE trend is starting to gain a foothold in Malaysia with awareness growing on the importance of intelligent data management in the hyper-availability era. As such, IDC predicts that at least 20% of Malaysia's GDP will be digitalised by 2021, with “growth in every industry driven by digitally enhanced offerings, operations and relationships.”
For the full report of the IDC & Veeam’s” Intelligent Data Management for the Hyper-Available Enterprise” Executive Roundtable 2018, which includes tips to help enterprises achieve greater data visibility, data management and disaster recovery, and goes more in depth on the Five Stages of Intelligent Data Management, click here