Storing Digital Content in Cloud Skip to main content

Gartner Forecasts Security and Risk Management Spending in India to Grow 12% in 2024

  GenAI-Driven Attacks Require Changes to Application and Data Security Practices and User Monitoring End-user spending on security and risk management (SRM) in India is forecast to total $2.9 billion in 2024, an increase of 12.4% from 2023, according to a new forecast from Gartner, Inc. Indian organizations will continue to increase their security spending through 2024 due to legacy IT modernization using cloud technology, industry demand for digital platforms, updated regulatory environment, and continuous remote/hybrid work. “In 2024, chief information and security officers (CISOs) in India will prioritize their spending on SRM to improve organizational resilience and compliance,” said  Shailendra Upadhyay , Sr Principal at Gartner. “With the introduction of stringent government measures mandating security breach reporting and digital  data protection , CISOs are facing heightened responsibility in safeguarding critical assets against evolving cyber threats.” Gartner a...

Storing Digital Content in Cloud


Details
Published on Tuesday, 26 June 2012 16:07


The desire to share content and to access it on multiple devices will motivate consumers to start storing a third of their digital content in the cloud by 2016, according to market analyst Gartner. However, just 7% of consumer content was stored in the cloud in 2011, but this is forecast to grow to 36% in 2016.



"Historically, consumers have stored content on their PCs, but as we enter the post-PC era, consumers are using multiple connected devices, the majority of which are equipped with cameras. This is leading to an increase in new user-generated content that requires storage," says Shalini Verma, principal research analyst at Gartner.



"With the emergence of the personal cloud, this fast-growing consumer digital content will quickly get disaggregated from connected devices," adds Verma. The increased adoption of camera-equipped smartphones and tablets is allowing users to capture huge amounts of photos and videos. Gartner predicts worldwide consumer digital storage needs will grow from 329 exabytes in 2011 to 4.1 zettabytes in 2016.



This includes digital content stored in PCs, smartphones, tablets, hard-disk drives (HDDs), network attached storage (NAS) and cloud repositories. The bulk of the cloud storage needs of consumers in the near term will be met by social media sites such as Facebook, which offer free storage space for uploading photos and videos for social sharing.



While online backup services are the most well-known cloud storage providers, their total storage allocated to consumers and "prosumers" is small relative to that maintained by social media sites. Average storage per household will grow from 464 gigabytes in 2011 to 3.3 terabytes in 2016. In 2012, Gartner believes the adoption of camera-equipped tablets and smartphones will drive consumer storage needs.



In the first half of 2012, a shortage in supply of HDDs as a result of the floods in Thailand provided an impetus for cloud storage adoption, leading to an unusual overall growth rate between 2011 and 2012. Consumers are expected to first try the basic package that is offered free by online backup companies.



These services will be offered as apps on tablets, smartphones and broadband-connected TV because of partnerships between OEMs and online storage and sync companies. Cloud service providers will also increasingly offer cloud storage. The use of cloud online storage and sync services will provide the foundational experience for consumers to start using cloud storage as part of the personal cloud.



On-premises storage will remain the main repository of consumer digital content, although Gartner predicts its share will progressively drop from 93% in 2011 to 64% in 2016 as the direct-to-cloud model becomes more mainstream. Cloud storage will grow at an aggressive pace during this period.



A majority of this growth will come from North America and Western Europe. In the Asia/Pacific region, Japan and South Korea will witness the highest growth in cloud storage, where CSPs have been offering online storage and sync services for some years. “Local storage will become further integrated with home networking, presenting opportunities for local storage providers to partner with home networking and automation service providers,” adds Verma.



Cloud storage will grow with the emergence of the personal cloud, which in turn will simplify the direct-to-cloud model, allowing users to directly store user-generated content in the cloud. As storage becomes a part of the personal cloud, it will become further commoditized. Therefore, online storage and sync companies need to have a strategic rethink about their future approach.

-----Gartner

Comments

Popular posts from this blog

Mobile Phones Sales Plummet

Details Published on Thursday, 16 August 2012 06:34 Worldwide sales of mobile phones reached 419 million units in the second quarter of 2012, a 2.3 percent decline from the second quarter of 2011, according to Gartner. Smartphone sales accounted for 36.7 percent of total mobile phone sales and grew 42.7 percent in the second quarter of 2012. "Demand slowed further in the second quarter of 2012," says Anshul Gupta, principal research analyst at Gartner. "The challenging economic environment and users postponing upgrades to take advantage of high-profile device launches and promotions available later in the year slowed demand across markets. Demand of feature phones continued to decline, weakening the overall mobile phone market. "High-profile smartphone launches from key manufacturers such as the anticipated Apple iPhone 5, along with Chinese manufacturers pushing 3G and preparing for major device launches in the second half of 2012, will drive the smartpho...

Now facebook hit with international class action privacy suit

An Austrian privacy activist has launched a wide-reaching class action suit against Facebook Ireland for breaching European data protection law. Anyone outside of the US and Canada can join activist and law student Max Schrems' suit via the website fbclaim.com, since they will have signed up to Facebook's terms and conditions via the Dublin-based European subsidiary. That amounts to around 82 percent of all Facebook users. After being live for just one hour, the site has collected 100 participants. The suit is seeking damages of €500 ($537) per user, and injunctions to be levied on the company for the following breaches:     Failing to get "effective consent" for using data     Implementing a legally invalid data use policy     Tracking users online outside of Facebook via "Like" buttons     Using big data to monitor users     Failing to make Graph Search opt-in     The unauthorized passing of use...

Cabling and Data Explosion

Details     Published on Tuesday, 13 November 2012 05:39 The explosion of 'big data' and the seemingly limitless demand for bandwidth are driving trends in today's IT-centric world. The 'faster, better, most cost effective' mentality has led enterprises of all sizes to closely scrutinize their communications networks and networking infrastructure. network-cables The need to deploy high speed network backbones that meet future requirements, while simultaneously reducing costs, present conflicting interests. With the need for higher bandwidth and flexibility for growth, organizations are looking at the network's physical layer and its overall life cycle as a capital investment that is essential to the business. Throw into this conundrum the increasing focus on sustainability and the task of designing a network high-performance, high-efficiency network seems almost insurmountable. Addressing efficiency at a physical infrastructure level has fueled the growing ado...