This last year has seen dramatic changes in the storage industry, but it also showed the resilience of this industry. This is a huge $40B+ industry that accelerated by 14% in Q3 2017, according to IDC. Storage capacity shipped increased to 72.5 exabytes for that quarter alone. So where is the industry going? What will be the strong trends? What will be the effect of GDPR and other new regulations? How is the cloud changing storage? What other technology trends may drive the industry? Here are our predictions for 2018.
Welcome to a brave new world in which data privacy is regulated in every way you could possibly imagine... and some you probably couldn’t. The GDPR places these burdens on the data controller, defined as “the individual or legal person who controls and is responsible for keeping and using personal information on computer or in structured manual files.” Effectively, this means your company’s IT department. In addition to creating the right to be forgotten, Article 17 restricts the use of people’s personal data to the original purpose it was collected it for. These are daunting decrees. A deeper dive reveals.
Just as corporations are finally getting serious about the EU’s imminent General Data Protection Regulation (GDPR), comes news of a data breach of staggering proportions involving credit-rating giant Equifax. To get an idea of just how seriously the new regime will impact you, let’s put the massive Equifax breach under a microscope ‒ as it actually happened, and as it would be treated under the GDPR.