Although the cost of storage devices has plummeted over the last few years, the cost of managing stored data continues to grow. Unfortunately, an organization’s predilection for creating new data does not abate, and many see data volumes doubling every year to 18 months.

Not only is the cost of managing all this data becoming a major issue, but the speed of reporting against massive data sets is causing headaches too. It is not just about size, but that much of the data is being stored in silos under monolithic applications, which limits how effectively organizations can respond in dynamic business markets.

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