UAE SMEs must focus on data management to succeed
IDC warns UAE SMBs must adopt high-performance management tools by 2020
UAE small-and-medium sized enterprises must adopt high-performance management over the five years to succeed in the digital economy, warned analysts IDC.
According to a survey by IDC, 45% of global medium-sized enterprises used digital solutions to grown revenue by at least 10%. However UAE enterprises face an exponentially-growing amount of data, with global data set to grow 10-fold to 44 zettabytes by 2020, when emerging markets like the UAE will comprise 60 percent of total data generated.
"The digital economy presents new opportunities for the UAE's SMEs, but are often daunted by data's size, diversity, and growth. By focusing on real-time management of high-value data, SMEs can gain new business models, diversified revenue, and efficient and intelligent operations," said Andrew Calthorpe, CEO of IT consultancy Condo Protego.
IDC reported with real-time information management tools, SMEs can minimise the downtime of their mission-critical business applications, optimize their network and device performance, better plan and predict their maintenance and disaster recovery, and save energy costs.
"UAE SMEs face increasing urgency to harness real-time information management to succeed in the digital economy. With 90% of the region's enterprises being SMEs, they can use real-time insights once only available to large enterprises to optimise their IT and revenues," added Condo Protego's Calthorpe.
Supporting real-time information management is EMC's XtremIO flash storage solution, which can be scaled up as businesses grow, and supports hybrid and private clouds.
XtremIO can store six times more data than traditional systems, and can reduce costs by up to 80% over three years. Demonstrating the effectiveness of XtremIO, 65% of the Fortune 100 companies use it to future-proof their competitive edge.