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How can Malaysian companies turn data into digital currency?

AvantiKumar | Feb. 22, 2017
Business leaders discuss the IT strategies that can unlock the value in enterprise data.

 "As shared by the government, 2017 is 'The Year of the Internet Economy' for Malaysia. With that, businesses should embrace the idea of this revolution and adapt to change," she said.

Open approach

Earlier when talking with Goh, he mentioned that "data is being regarded as digital currency" and that the company wanted to hide complexity and, as an information specialist, act as a partner for clients offering resiliency and speed.

He said two company surveys in 2015 demonstrated that companies may be holding on to "too much data and not enough information. "Forty-two (42) percent of data has not been touched for three years, 86 percent is invisible or useless."

"Organisations do not have sufficient visibility on seeing which data has value," Goh said. "Customers have moved beyond UI or static dashboards."

He said the company has also finally started to adopt an open source philosophical approach. "We are trying to avoid over-protecting data as we need to be able to share and to sort the treasure from the trash while remaining compliant to regulatory requirements'."

"Such an approach allows for more customised solutions, which include different provisioning such as Ansible, and reduces the silo effect between teams in a legacy environment," said Goh.

"We are information management company," he said, outlining some of the company's solutions that include on and off premise, cloud and OpenStack environments and containers as well as unified data protection."

How is Veritas different from others? Goh said:  "We are in a position to offer global visibility and insights, which is a game changer, with metadata from our NetBackup, store images in the cloud, and visualise this in our information map."

"A 360 approach to enterprise data management also brings a fourth element to the equation: convergence between Insight, Availability and Protection into combined solutions that offer greater business value," he added.

 The first version of this article appeared on Computerworld Malaysia 22 February 2017.

 

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