According to a technological research report by Gartner, over 70% of corporate enterprise-grade storage capacity will be deployed as consumption-based service offerings. This is an almost twofold increase in just a year. It has been projected that by 2025, more than 40% of on-premise IT storage administration and support will be replaced by managed Storage-as-a-Service (STaaS). This is a huge jump from just 5% in 2020.
This data goes a long way in showing that businesses, both enterprises as well as small and medium organisations, should not overlook storage solutions as a vital component when undergoing digital transformation as it is a key element in ensuring business success. Vast progress has been made in storage automation and consumption-based delivery models which enable businesses to take on multiple pathways to a scalable and working IT services operating model. Businesses can now leverage on managed STaaS cloud strategies as part of their digital transformation journey to reap multiple benefits including doing away with storage hardware administration and support costs.
Digital Transformation and STaaS
In a world that is increasingly digital, it is essential for businesses to undergo digital transformation in order to stay competitive. Digital transformation is the process of using digital technologies to create new or improve on existing business processes. A key element of digital transformation is STaaS, which allows businesses to store data and applications in the cloud. StaaS is scalable and cost-effective, making it an attractive option for businesses of all sizes. With the help of StaaS, businesses can rapidly innovate and adapt to the ever-changing digital landscape.
Enterprise Adoption of StaaS
STaaS drives digital transformation and is a sound choice for enterprises looking to revitalise and innovate their IT operating models. STaaS gives enterprises the scope to replace the traditional expenditure of on-premise IT infrastructure, improve allocation of resources, gain operational efficiency and make better business-critical decisions. Enterprises are also leaning towards STaaS to transform their IT operating models for these benefits:
STaaS provides a flexible, scalable solution for enterprises. STaaS service providers offer a variety of plans that can be customised to meet the specific needs of each customer, making it easy to scale up or down as needed. STaaS providers typically also offer a variety of value-added services, such as data backup and disaster recovery, that can help to further protect your data.
STaaS provides a convenient and flexible way for enterprises to add capacity on demand, without the need to purchase and maintain expensive hardware. When evaluating providers, it’s important to consider scalability; after all, your storage needs are likely to grow over time. A good STaaS provider will be able to meet your current needs and scale up as your business grows. This will save you both time and money in the long run.
3. Cost Reduction
One of the largest expenses for many enterprises is the cost of maintaining an on-premise storage infrastructure. Traditional storage solutions can be expensive to purchase and maintain, and they often require a significant amount of upkeep. Due to this, many businesses are turning to STaaS solutions. STaaS allows businesses to rent storage space from a third-party provider, which can save money on both the upfront costs and the ongoing maintenance costs. STaaS providers often have their own robust infrastructure in place, which can offer even more savings.
4. Disaster Recovery
In today’s world, data is everything. That’s why enterprises are turning to STaaS for their disaster recovery needs. With STaaS, businesses can store their data off-site in a secure location, ensuring that it will be available in the event of a disaster. STaaS can be an affordable way to protect your business’s most important asset. Whether to protect data from a natural disaster or simply ensure that it will be available in the event of a power outage, STaaS can provide the peace of mind enterprises need.
Engaging The Right StaaS Provider
As the demand for flexible data storage solutions continues to grow, STaaS is poised to become an essential part of the IT landscape. For enterprises, partnering with a STaaS service provider who can handle their large or complex storage demands is key. Kronicles can contribute alongside enterprises’ digital transformation journey with its experience in corporate data storage solutions in Singapore. Secure data storage, data backup system and data recovery requirements are met with our suite of K Store enterprise-class data storage solutions.
Our technical expertise and cloud capabilities enables us to provide solutions that support any data type, any protocol, and any location on a pay-per-use basis. With pay-as-you-go data storage models experiencing steady growth, we set our sights on putting forward smart and efficient solutions for enterprises. Get in touch for smarter solutions on how our STaaS data storage solutions can help to diversify your storage strategy.