1 in 2 Companies Struggle to Get Meaningful Information out of their Data
Half of them also face high total cost of ownership or technical debt associated with critical applications.
Today, the majority (55%) of businesses struggle to derive meaningful insights from their data.
This is one of the conclusions reached by Hitachi Vantara in its study Embracing ITaaS For Adaptability and Growth on the IT-as-a-Service market.
Challenges include issues such as security, system inflexibility, data isolation, and labour shortages. Another major challenge is legacy infrastructures. Up to 56% of respondents report a significant revenue impact from technology downtime.
Half also face high total cost of ownership or technical debt associated with critical applications.
“In today’s digital age, IT is not just a department; it is a driving force behind progress,” says Valentín Pinuaga, country manager Hitachi Vantara Spain. “It enables businesses to innovate, collaborate and thrive in the midst of constantly evolving technology.
“But complexity is hindering innovation,” he adds, “highlighting the need for trusted specialists to simplify the configuration for seamless access to data and applications”.
Against this backdrop, 42% of leaders surveyed by Hitachi Vantara are increasing their adoption of ITaaS.
With ITaaS, IT managers are shifting their funding model to easily predictable operational costs. The reduction in total cost of ownership is set at 20%.
Looking ahead, ITaaS is expected to increase its presence both for individual solutions and across all infrastructure categories.
