Feeds

Half of stored files will never be accessed

Waste of space

Protecting against web application threats using SSL

Research released Tuesday by email archiving firm Waterford Technologies has shown that over 50 per cent of files stored by companies are never accessed again.

The figures highlight the growing - and often unnecessary - cost of storage for firms, according to Gary Cosgrave, sales director of Waterford Technologies, a provider of email and file archiving products.

"Even though hardware storage costs per gigabyte are dropping, the costs of managing storage are skyrocketing. It makes more sense to move data to lower cost alternatives instead of struggling with storage problems."

These latest figures have been released at a time of growth for the storage industry, explained Cosgrave who said industry surveys reveal that the amount of data stored on network servers is growing at over 20 percent per year.

Certainly, the amount of digital data stored has never been greater, with research released in March predicting that the figure would increase six-fold by the year 2010 - to a staggering 988 billion gigabytes of data.

The EMC-sponsored study also predicted that organisations will be responsible for the security, privacy, reliability and compliance of at least 85 per cent of this information, through data centres, telephone and hosting switches, or data back-up depositories.

In January, analysts at iReach predicted that spending on storage products would surge this year as companies aimed to get a better hold of their file storage concerns. The research firm estimated that over 40 percent of companies would be investing in storage solutions this year, while spending on servers and networking would also rise substantially.

iReach analyst Sinead Daly said at the time: "Storage will see faster growth over servers and networking this year with many companies trying to get control of rapidly growing storage requirements and then ensuring this data is secure and protected."

Copyright © 2007, ENN

Choosing a cloud hosting partner with confidence

More from The Register

next story
Wanna keep your data for 1,000 YEARS? No? Hard luck, HDS wants you to anyway
Combine Blu-ray and M-DISC and you get this monster
US boffins demo 'twisted radio' mux
OAM takes wireless signals to 32 Gbps
Google+ GOING, GOING ... ? Newbie Gmailers no longer forced into mandatory ID slurp
Mountain View distances itself from lame 'network thingy'
Apple flops out 2FA for iCloud in bid to stop future nude selfie leaks
Millions of 4chan users howl with laughter as Cupertino slams stable door
Students playing with impressive racks? Yes, it's cluster comp time
The most comprehensive coverage the world has ever seen. Ever
Run little spreadsheet, run! IBM's Watson is coming to gobble you up
Big Blue's big super's big appetite for big data in big clouds for big analytics
Seagate's triple-headed Cerberus could SAVE the DISK WORLD
... and possibly bring us even more HAMR time. Yay!
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.