Thousands of devices are getting connected to internet on daily basis. Smart refrigerators, TVs, activity monitors, security cameras, smart watches, smart phones and more- devices previously only plugged into a power outlet-are getting connected to the internet and are sending and receiving tons of data at scales never before seen.
Before the phenomenon of ‘Internet of Things’(IoT), the biggest producers and consumers of data were large enterprises, mainly banking, transportation and Astronomy industries. But now, data storage has leapt enterprise walls and has entered smart homes.
International Data Corporation (IDC) has predicted that over 212 billion connected things will exist on this earth by 2020 with revenues reaching $16.2 trillion by 2025.
With all this data comes in great responsibility and companies are faced with a new challenge — how can this data be stored?
As their storage needs continue to grow, IoT companies must consider what kind of investment to make — and why the current storage infrastructure won’t cut it.
With all said till now, we easily get a feeling that storage isn’t just for enterprises anymore. Unlike enterprise predecessors, businesses dealing with IoT must store data coming in from countless disparate devices and in distributed environments.
Here, nurturing infrastructure capability will be the first priority. The storage systems need to be capable of ingesting billions of bits of data and securely storing it. In future, companies are going to compete further in releasing the latest and greatest internet connected devices. This will help increase the burden on data storage infra even more.
So, what’s the solution?
We can just predict the future of data storage and cannot accurately foretell on how the storage world is going to change. So, better be equipped with the best which not only suffices our current needs, but can also cater to all the future storage needs of IoT.
They are two ways to deal with the data flooding coming from IoT. One is to go for physical storage appliances and the other is to go for cloud services.
Basically, by definition, IoT is cloud based every Internet-connected device is sending and receiving data to and from the cloud. Thus cloud storage and the IoT are inherently intertwined, and IoT companies are finding solace in cloud storage’s flexibility, scalability, compliance and sophisticated architecture to support precious data.
The other is to depend on local or on-premises scalable storage which can quench your current, as well as, future storage needs.
As the relationship between device-driven businesses and cloud storage becomes increasingly cemented, the non-scalable, inefficient legacy systems of years past are well on their way to obsolescence.
Instead, as IoT companies embrace a cloud based storage model, a new frontier of big data will emerge, and IoT and storage will continue to evolve together for years to come.