Skyrocketing fuel prices, cyber-attacks, penalties for non-compliance with GDPR: there seems to be no end to the modern-day (and expensive) business challenges. Now faced with energy bills that are spiraling out of control, cutting back on energy consumption is a matter of survival for many firms – not to mention essential for saving our planet. Yet despite this crisis, energy use and costs in IT are rising exponentially as digitization continues to gather pace.
With this in mind, it’s time for CFOs to start asking crucial questions and take measures to help stop precious energy stores from being depleted unnecessarily and to slash IT operating costs.
The True Cost of Data Storage
According to a report published in September 2022 by the International Energy Agency (IEA), data centers and data transmission networks are responsible for nearly 1% of energy-related greenhouse gas emissions. In 2021, global data center electricity use (not including cryptocurrency mining) was estimated at 220-320 TWh, or around 0.9-1.3% of global electricity demand. And since 2015, the workload handled by data centers around the world has increased by a breath-taking 260%. As more and more processes and data move online, these figures are set to rise even further, requiring more energy and becoming increasingly costly.
A Cost-Effective, Lower-Energy Solution for Legacy Data
One solution to tackle these problems is to reduce the data volumes, with only the very best-quality data stored securely on operating systems, servers, and in the cloud – the “bad” or unrequired data having been filtered out. But what about the millions of terabytes of data stored on legacy systems around the world? Imagine the costs involved and the electricity that is required to keep these redundant, energy-guzzling, and insecure systems running! The answer is simple and the potential for energy and cost savings is huge: the “good” (or cleansed) historical data is turbocharged along with its business context onto a separate platform where it is stored cost-effectively and accessible, and is better protected against external threats and data breaches thanks to sophisticated technology. Companies that opt for this kind of platform can save 80 to 90% on operating costs, including electricity, by shutting down and disposing of all their legacy systems.
By asking the right questions, companies can soon get an idea of the potential savings. With the right partner and external platform, this can even be achieved in a matter of weeks. In today’s volatile climate with rising energy prices, there’s no better time to take action than now! With JiVS IMP from DMI, you can decommission your legacy systems, manage your data costs effectively, lower your energy consumption – and be legally compliant.
Source : https://www.iea.org/reports/data-centres-and-data-transmission-networks
