Only 10% of Financial Institutions Prioritize AI-Ready Storage Despite Data Growth Topping Infrastructure Agenda, New Research Finds

Financial institutions are making data growth their top storage priority, but few are prioritizing the AI-ready infrastructure and stronger data foundations needed to manage that growth at scale, according to a new report from Hitachi Vantara, the data storage, infrastructure and hybrid cloud management subsidiary of Hitachi Ltd. The research found that 35% of organizations cite managing data growth as a top data storage priority, the highest response across the survey, yet only 10% prioritize enabling AI-ready storage and data platforms and just 9% prioritize the implementation of centralized data hubs for governance, reporting, AI/ML and reuse.

Click here to download the full report: https://www.hitachivantara.com/en-us/gated-forms/how-financial-institutions-unlock-more-value-from-data-object-storage

Based on a survey of 100 financial services decision-makers across banking, payments and investment firms globally, the research points to a divided market still working to align storage investments with long-term data strategy. While managing data growth ranked highest, it was still only...

Copyright of this story solely belongs to itvoice.in. To see the full text click HERE