How to Reduce Storage Costs by Right-Sizing Consumption
Summary
That means there’s a great deal of low hanging fruit waiting to be picked; the only trick is knowing how to get to it. The key is to “right-size” consumption by establishing defined levels of service tailored to actual business need and behavior — ensuring the relevancy of all data matches the quality (and cost) of storage it occupies. Let’s look at the four core steps required to make it happen to gain a high-level view of the process… It’s impossible to know what your storage needs truly are unless you have a firm grasp on your organization’s data, how it’s used, and the rate at which it becomes “cold” — i.e. how long it takes to lose enough relevance to justify migration to cheaper, lower-performance storage resources. For example, based on your best assumptions, you may conclude that at any given time: Now, take that initial benchmark and compare it with actual utilization, then target the largest discrepancies you see for deeper investigation. For organizations spending over $20M annually on IT, the task of right-sizing storage consumption is extremely difficult using conventional tools like spreadsheets alone.
Classifications
AskAI Classifications
LabelsLinked Companies
