Inefficient data storage practices costing UK businesses billions

A new survey by NetApp has revealed that UK organisations' inadequate data storage practices are resulting in an annual cost of up to £3.7bn for the private sector.

According to the recent Data Waste Index, which surveyed key IT decision-makers in the UK, discovered that 41% of stored data has no valid reason for being saved.

Matt Watts, Chief Technology Evangelist at NetApp, said: “What this research shows is that UK organisations are creating a landfill of data, and as volumes continue to increase it businesses will only pay a higher cost, both in monetary terms and to the environment. 

The survey also found that 61% of IT leaders anticipate growth in their data estates, while 44% believe reducing data estates is necessary for operational efficiency in the next year.

Watts added: “Crucially, organisations know they need to act. And that they must act soon or else risk the problem becoming overwhelming.”

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