Businesses in Asia-Pacific are still managing data in silos and lacking a centralized data management strategy, resulting in challenges such as security.
According to survey findings from IDC, 40 percent of respondents in the region said data backup, recovery, protection, and analytics plans were managed at a departmental level, which they said were creating fundamental problems for IT. Commissioned by Commvault, the study polled 600 IT decision makers across 10 markets including Australia, China, Singapore, Indonesia, and India.
The disparate datasets had created fundamental issues for the organization's IT team, with 29 percent of respondents pointing to security as a top concern. In Singapore, this figure stood at a higher 33 percent, with 38 percent noting that data silos were the result of data management and analytics plans being operated at a departmental level.
Region-wide, the rapid growth and complexity of data as well as demands for fast and easy data retrieval were the top two challenges in data management. In Thailand, 52 percent highlighted budgetary pressures as the leading challenge.
Across Asia-Pacific, respondents highlighted improved access to data as a key enabler for better corporate planning, while those in Singapore pointed to streamlining key business processes as the top driver.
Mark Bentkower, Commvault's Asean director of systems engineering, said in the report: "Data management silos are creating bottlenecks that result in missed opportunities and prevent organizations from achieving the full value of their data as a powerful, strategic asset.
"By taking a more integrated approach to data management, they are able to more easily leverage new and more open technology like the cloud, while increasing information security," Bentkower said.
Daniel-Zoe Jimenez, IDC's senior program manager for big data, analytics, enterprise applications, and social, added that data-driven decision-making improved the accuracy of results and provided consistency in how the results were interpreted and supported the business.
The analyst said organizations must transition from departmental or siloed data approaches to "an integrated data-driven culture" in order to better tap the value of data.