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A featured contribution from Leadership Perspectives: a curated forum reserved for leaders nominated by our subscribers and vetted by the Construction Tech Review Advisory Board.

Dell Technologies

Dmitri Chen, VP, APJ GTM Strategy & Programs, VMware and Strategically Aligned Businesses

Data: The importance of Protecting this Invaluable Commodity in the Digital Economy

Dmitri Chen

Dmitri Chen

In 2017, The Economist stated that the world’s most valuable resource was no longer oil, but data. Given today’s technology-driven landscape, data is the atom of our world – the particle that holds all the information we need and rely on for living without interruptions. From instructing voice assistants to perform tasks, ‘driving’ driverless cars, mobilising up-and-coming 5G mobile networks, and using security surveillance powered by artificial intelligence, data is the currency for the digital economy to transact.


In conversations around enabling data-driven businesses, there are a few implications that leaders will have to bear in mind as they look to harness the opportunities in the digital economy, especially around data security.


Leveraging the cloud for enhanced data protection and agility


Organisations in APJ remain at heightened risks of cyberattacks, with hackers 80 percent more likely to attack organisations in Asia. This, coupled with the fact that organisations in the region take 1.7 times longer than the global median to discover a security breach, means that they remain prime targets for cyberattackers.


The recent Dell EMC Global Data Protection Index research revealed that less than a fifth (18 percent) of companies in this region believe their current data protection solutions will meet all future challenges.As organisations strive to meet business demands, while protecting proprietary information, building a data protection strategy that can flex to cover your on and off premises data is critical.
Our recent Dell EMC Global Data Protection Index revealed that there is not a one-size-fits-all-solution and companies are looking to work with one, or a small group, of technology partners to build a data protection solution. In APJ, we saw that 99 percent of companies are now leveraging the public cloud as part of their data protection infrastructure.


Business leaders know that a robust data protection strategy is one of the cornerstones of long term business success. Ensuring you have a solution that can protect your business today must also be balanced with the ability to scale and flex for your future needs. In APJ, 63 percent of organisations acknowledge the importance of scalablity options for data protection solutions in a public cloud environment and 44 percent are using cloud-enabled, on-premises data protection software toprotect their public cloud workloads.


Drive data protection strategies for organisational profitability and long-term data health


In a connected world, downtime as well as data loss can have a huge impact and in some cases, cripple businesses.


The Dell EMC Global Data Protection Index survey shows that 8 in 10 organisations in APJ have experienced a disruption in activities due to data breaches in the past 12 months, and 32 percent experienced irreparable data loss, nearly double the amount (15 percent) than in 2016.


In the last 12 months, organisations in the region that have lost data have forgone an astounding of 2.04TB, which had a price tag of nearly one million dollars (US$939,703)!


Organisations must reiterate the importance of data and file back-up not just in the cloud, but also on physical devices.


Prevalence of emerging technologies is driving data-intensive workloads


IDC predicts that data created in Asia-Pacific will increase from 5.9 zettabytes in 2018 to 33.8 zettabytes in 2025, representing 19.3 percent of all global data. Compounding this increase is the adoption of IoT, AI/ML and 5G technologies which are all incredibly data heavy putting pressure across the network, from the edge, to the core and to the cloud. This explosion of data comes with the added complexity that it must all be moved, stored, analysed, and most importantly, protected. However, nearly half (43 percent) of organisations in APJ have admitted that new technologies such as AI/ML are areas which they are struggling to find suitable data protection solutions for.


Organisations are already making big investments in new technologies and the race is on to ensure that their IT infrastructure can be modernised to support and protect these new workloads. There is no doubt that data is the rocket fuel that will drive the next level of innovation in our society. Our ability to harness, store, share, analyse and most importantly, protect this data, will be the difference between companies leading the industry and those who fall behind the curve.


The articles from these contributors are based on their personal expertise and viewpoints, and do not necessarily reflect the opinions of their employers or affiliated organizations.
The Leadership Perspectives forum brings together voices shaping construction technology and innovation. Participation is by invitation only. It features leaders who are not merely observing technological change, but actively contributing to it through digital transformation and execution-driven insights.
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