Date Added: Dec 2009
A 2008 ESG survey of nearly 400 enterprises revealed that, on average, organizations spend 28% of their IT budgets on storage inclusive of systems, software, and services. In another ESG study conducted in March 2009, nearly 74% of respondents stated that they were planning on maintaining or increasing storage spending in 2009 compared to 2008. Even with most IT departments operating in "Cost reduction" or "Cost containment" mode, constant data growth and inefficient operations make it very hard to curb storage-related expenses. It is unlikely that businesses will stop generating digital data, leaving IT to focus on making storage infrastructures more efficient in an attempt at gaining control of one of the largest budget line items.