As enterprises grow, so does their data volume. This data is stored across various servers and systems, and even on the cloud. However, with growing data, an increasing number of executives have come to realize that they need a better and more efficient approach to data management, that helps reduce costs and ensures data availability at the right place and the right time.

According to a McKinsey Global Institute (MGI) report, the amount of bandwidth crossing regional borders has grown 45 times since 2005 and is expected to increase another nine times in the next five years. “Flows of information, searches, communication, video, transactions, and intra-company traffic continue to surge,” the report says.