70% of Australian Businesses Believe Flash storage Plays Critical Role in Delivering IT Services – Violin Memory

Violin Memory, Inc. released findings from a recent survey conducted at the Gartner Symposium ITxpo 2015 in Gold Coast, Australia.

Based on data from 196 attendees between 27 and 28 October 2015, the survey sought to assess the sustainability of current storage environments, key drivers for deploying flash storage and factors driving the demand for additional storage.

Violin Memory polled senior IT executives and CIOs with an average of over 11 years of experience across the government, financial services, IT, healthcare, telecommunications sectors amongst others.

Key findings include:

• Majority (70%) of respondents surveyed believe flash storage plays a critical role in delivering IT services, yet only 28% have a strategy in place.
• Almost half (49%) believe that their current storage environment cannot sustain business needs over the next 10 years, while 27% remain uncertain.
• At least 28% of respondents have a flash storage strategy in place, while 6% plan to deploy the technology within the next 12 months.
• Key reasons that would influence the decision to move to flash storage are capability and execution of the product (29%), performance (27%), followed closely by price (26%).
• Interestingly, 53% of respondents believe complex business analytics are driving the demand for additional storage, followed by new applications (34%).
• Majority of respondents were from the government (30%) and financial services (15%) sectors; followed by healthcare and telecommunications at 6% each.
  

“At a time where the digital age is gaining momentum, information is an organisation’s greatest asset. The pressure for organisations in Australia to quickly store, secure, access and analyse data can mean the difference between business success and failure,” said Ross Lynch, director for ANZ, Violin. “Unfortunately legacy storage systems such as spinning disks are unable to sustain today’s storage environment needs, which are primarily driven by trends such as mobility, big data and analytics, as the survey shows.“

“As businesses continue to evolve, organisations need to consider new approaches to storage. Importantly, business leaders need to realise that the days of the spinning disks as the primary IT storage medium are done. We’re now seeing a fast shift to flash storage as the concept of the all-flash data centre becomes a reality for businesses in competitive markets,” expressed Lynch.