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technology1d ago
Calculating the business value of enterprise storage technology
- The article says payback for storage investments can now be under a year due to new storage economics.
- Software-defined storage and automation are key drivers of reduced CAPEX and OPEX.
- Value is linked to uptime and fast data access that support revenue and competitive advantage.
- Operational efficiency gains include power, admin, and floor-space savings.
- Downtime costs are a critical input for calculating storage value.
- The article presents a method to measure total additional revenue per year from storage uptime and data access speed.
- The piece frames storage as a driver of business value, not just a cost center.
- Executive-focused guidance helps CIOs and CFOs connect technology investment to business drivers.
- The article is part of TechRadar Pro Perspectives and includes related readings.
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