India is expected to face a shortage of around 3 million cybersecurity professionals by the end of 2023. This shortage poses a severe challenge for organizations in effectively managing their cyber security posture and responding to emerging threats promptly. Nearly 74% of Indian companies are overwhelmed by the amount of data they manage and 75% are concerned their current infrastructure will be unable to adapt to meet their organization’s data needs, according to a new survey, that most companies expect their data needs to nearly double in the next two years, and that both protecting and managing that rapid growth of data in an actionable and sustainable way is further complicating the effort. Leaders say that data is their most valuable asset but are concerned about the security and resilience of their data infrastructure; 68% of leaders are concerned they cannot detect a data breach in time to protect data.
While 79% of the organizations stated that they stored every piece of data, on average, 42% of it remains as ‘dark data’ or unused. This highlights the lack of establishment of strategy and data infrastructure tools to leverage data with maximum efficiency.
The study also shed light on the future of data storage, with the hybrid cloud model leveraging a mix of public/private cloud, co-location, and on-premises expected to persist. For Indian business leaders, the study found data stored in an already established hybrid cloud with percentages of data center workloads located almost evenly between the public cloud (26%), private cloud (25%), on-premises (26%), and co-located/managed services (20%). Notably, public and private cloud are both expected to rise slightly to 28% in the coming two years with on-premises dropping to 22%.
