In the past few years, India has been witnessing an incredible rise in data usage. The technological reach and the government's initiatives to promote Digital India, has influenced the consumers and the organizations to produce data in huge volumes. According to sources, the country's data usage is expected to grow at a CAGR of 72.6 percent by 2022. Also, on an average, about 83 percent of Indians run out of storage within a week, as they tend to shoot a minimum of 31 photos and 14 videos in a week. At this pace, it is evident for the regular internet and smartphone user to run short of storage space. Besides, the lowering internet charges and the measures to attain a cashless economy have also been an important reason for the country to opt for revamping its existing data storage.  

Issues with Existing Data Storage

The growing technology has brought in radical changes in people's daily routines, which in turn, have changed their requirements. The existing data storage is not compatible with the current generation, as the accessibility and computing power is unlimited. Along with high performance, the cost efficiency is also a matter of concern for the organizations and the individuals. Apart from these, data loss and recovery is one of the major problems that the organizations are battling with.

Latest Data Storage Methods

The organizations are looking for certain trends in the digital storage space that would manage the data according to their requirements. As a result, software-based data storages and functionality management without relying on physical storage provide the needed flexibility and numerous data storage alternatives.

The cloud technology is a significant data storage that could address all the issues in the existing data storage. This cloud technology provides flexibility as per to the business needs and offers scalability as the company's operations stretch with the industry development. The cloud technology is available as private, public and hybrid cloud versions that could be used according to the user's requirements. Among the other versions, the organizations find the hybrid cloud more suitable and have adopted it the most. A survey conducted in 2018 reports that about 50 per cent of organizations in India are already using hybrid clouds, and 43 percent would adopt the hybrid cloud by 2020. Thus, with the current pace of changing data storage, India is expected to lead the world in using the hybrid cloud in just a few years. The hybrid cloud is cost-effective, flexible, scalable, and also offers improved connectivity and security. Thus, the organizations are attracted to this data storage method.

It is mandatory for India, the world's second-largest populated country, to pay attention to the data storage in this digital era, where data is the most valued entity. Thus, the country should understand the potential of the advancing technology and adopt it as and when needed to match the fast-paced digital world.