The conference held the promise of a wealth of insights into the realm of cloud and data management. It began with a special welcome from Minu Sirsalewala, Executive Editor at Dataquest. With her extensive knowledge and insights, she set the stage for a day filled with revelations and innovation.
Hemant Tiwari, Vice President and Managing Director of Hitachi Vantara the Indian subcontinent, took center stage to contextualize the modern data landscape. In today's fast-paced digital world, data has emerged as a strategic asset, wielding the power to drive decision-making, foster innovation, and fuel competitive advantage.
The staggering volume of data generated is mindboggling. By 2025, it's estimated that we will create 175 zettabytes of data. To put it into perspective, one zettabyte is equivalent to one billion terabytes. This exponential growth underscores the need for effective data management.
Companies that fully leverage the potential of data are positioned for success. They're 23 times more likely to outperform competitors in customer acquisition and nine times more likely to achieve above-average profitability.
The path to becoming a data-driven organization is not without challenges. Data is distributed across a multitude of platforms, from Edge to core to multi-cloud environments. Skill gaps in manpower further complicate the journey.
To thrive in this data-driven era, organizations must embark on a journey of modernization. This includes modernizing infrastructure, applications, and the data fabric that underpins it all. Choosing the right partner is crucial, one who can navigate the complexities and drive sustainable solutions.
Hitachi Vantara, with its extensive experience and commitment to sustainability, is at the forefront of this revolution. Their focus on creating solutions for a better society aligns seamlessly with the global shift towards a more sustainable future.
This story is from the October 2023 edition of DataQuest.
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This story is from the October 2023 edition of DataQuest.
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