It is a given that in the business world, change and disruption are inevitable and transformation is constant. In fact, since the introduction of the Fortune 500 in 1955 the list has been in flux. Between 1955 and 2016 a whopping 88 percent of Fortune 500 companies have disappeared off the list. Many merged, went out of business, or their revenues did not keep pace to stay in the top 500 companies. In 2011, Steve Denning posited in a Forbes article, “Half a century ago, the life expectancy of a firm in the Fortune 500 was around 75 years. Now it’s less than 15 years and declining even further.”
Today this constant transformation is data-driven. Digital transformation now tops the strategic agenda for nearly two-thirds of organizations.
How businesses use and manage their data can make the difference between success and failure, between being the disruptor or being disrupted. We know that in all this data, there is huge opportunity for businesses that are data driven. You can use your data to learn more about your customers, reduce costs, and boost efficiency. You can also turn your data into new lines of business that produce additional revenue streams.
Yet, managing data is more complex as volumes grow, and challenging due to the distributed, diverse and dynamic nature of data.
In “Creating a Data-Driven Organization”, Carl Anderson starts off by saying, “Data-drivenness is about building tools, abilities, and, most crucially, a culture that acts on data.” An organization must adopt a specific architectural approach in order to undertake a data-driven digital transformation. That’s the Data Fabric.
Data is created and used in multiple locations and it often needs to be leveraged and shared with other locations, applications, and infrastructures. You want a way to manage data that is consistent and integrated. At NetApp we leverage the Data Fabric to weave together data across sites, past physical boundaries, and across applications. It provides a way to manage your data that puts IT in control and simplifies ever-increasing IT complexity. We believe that leveraging the cloud should not mean that you need to utilize different tools and management frameworks to take advantage of these new opportunities.
A Data Fabric helps you catalyze digital transformation by providing these capabilities:
- Data Visibility and Insights: Insights into performance, capacity, and cost for resources and application planning, along with analytics application integrations
- Data Access and Control: Migration to and from on-premises and cloud environments, replication, business continuity, data tiering for efficiency, plus access across locations and applications
- Data Protection and Security: Data backup and recovery, archive and retention, copy data management, encryption, as well as application integration
A data fabric transforms how you manage, protect, and move your data, regardless of where it lives. It provides the control and choice you need to make the hybrid cloud real as you take advantage of the new infrastructure options that work best for them.
Creating a Data Fabric is about taking a data-centric view of IT infrastructure across the environment—endpoints, transport, data services, ecosystem integration, applications, and services—while maintaining your security posture and framework. The overall architecture is composed of products and solutions that unbind data from underlying systems so that data can be accessed across the fabric. With NetApp, IT architects have many building blocks from which to choose at each layer that have been designed with the principles of a true data fabric in mind.
This week at NetApp Insight in Las Vegas we will be introducing many new capabilities and solutions to help customers manage their hybrid cloud solutions. If you are here in Las Vegas then I hope to you, if not, then you can keep up with us online at NetApp.com. To learn more about the Data Fabric, download our white paper, “Data Fabric Solutions for the Hybrid Cloud”.