STOCK TITAN

More Than Half Migrating Live Data to the Cloud are Shipping It by Truck

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

WANdisco has released its annual Hadoop-to-Cloud Migration Benchmark Report, revealing that 56% of data migrations rely on outdated methods. The report indicates that 54% of migration projects didn't proceed as planned, with significant numbers exceeding budgets and timelines. Despite the challenges, businesses aim to modernize their data infrastructure, with 78% pursuing data modernization and 73% planning on migrating to the cloud. The survey involved over 200 professionals from the Global 2000, highlighting the push for hybrid environments.

Positive
  • 78% of companies are pursuing data modernization initiatives.
  • 73% of respondents intend to migrate on-prem Hadoop to the cloud.
Negative
  • 56% of migrations use outdated methods, risking project success.
  • 54% of migration projects have not gone according to plan.

SAN RAMON, Calif., July 14, 2021 /PRNewswire/ --  WANdisco (LSE: WAND), the LiveData company, today announced the launch of its annual Hadoop-to-Cloud Migration Benchmark Report, showing that most data migrations still rely on "old school" approaches and tools involving shipping data by truck to cloud vendors (56%) and/or using tools not designed for on-premises to cloud migration such as DistCp (48%). As a result, more than 54% of migration projects have not gone according to plan with 24% not completed on time, 11% not within budget, and 20% missing the mark on both.

"These manual migration tools strain resources, add complexity, and ultimately increase risks to the business," said WANdisco SVP Marketing, Van Diamandakis. "This DBTA survey shows that companies are not taking advantage of technologies that can ease the transition and mitigate risks in moving to the cloud. As we look to the future, the next wave of data migrations will be larger and more complex as companies seek to implement hybrid and multi-cloud data infrastructure. The outdated nature of these migration techniques puts companies' data and business at risk, and will soon become obsolete."

The survey found that most IT leaders are pursuing cloud migration to lay the foundation for future business value creation. Data modernization initiatives (78%), cloud scale analytics (61%), and adopting scalable cloud storage (49%) were the top three Hadoop-to-cloud migration drivers, pointing to a desire for more agile capabilities - despite using outdated technologies to get to that stage. Many respondents expressed the expectation of using hybrid environments for the foreseeable future with 42% planning to maintain a hybrid environment for one to three years, and another 36% planning to maintain on-premises Hadoop environments indefinitely.

Other key findings from the survey:

  • Over 73% of respondents intend to migrate on-prem Hadoop to the cloud
    • Over half of these have not yet started
  • Companies with 5,001-10,000 employees show highest intent to migrate (48.3%)
    • 21% claim to have fully completed the process
    • Companies with over 10,000 employees have highest completed percentage (27.9%)
  • 52% expect their on-premises Hadoop data volumes to grow over next year
    • 6% expect significant increases
    • Only 24% expect decreases
    • Of companies with highest intent to migrate, 46% have more than 5PB of data to migrate

The survey questioned over 200 technical professionals from the Global 2000 in May 2021 currently using Hadoop, or who have previously migrated Hadoop data lakes to the cloud. Respondents included C-level employees (e.g. CIOs, CTOs), cloud and data architects, IT and analytics directors or managers, and others within data, development or management roles within their organization.

Get the complete 2021 Hadoop-to-Cloud Migration Benchmark Report here.

About WANdisco

WANdisco is the LiveData company. WANdisco solutions enable enterprises to create an environment where data is always available, accurate and protected, creating a strong backbone for their IT infrastructure and a bedrock for running consistent, accurate machine learning applications. With zero downtime and zero data loss, WANdisco LiveData Platform keeps geographically dispersed data at any scale consistent between on-premises and cloud environments allowing businesses to operate seamlessly in a hybrid or multi-cloud environment. For more information on WANdisco, visit www.wandisco.com.

Media Contact

Josh Turner
Silicon Valley Communications
turner@siliconvpr.com 
+1 (917) 231-0550

 

Cision View original content:https://www.prnewswire.com/news-releases/more-than-half-migrating-live-data-to-the-cloud-are-shipping-it-by-truck-301333462.html

SOURCE WANdisco

FAQ

What does the Hadoop-to-Cloud Migration Benchmark Report reveal about migration methods?

The report shows 56% of migrations rely on outdated methods, risking project success.

How many companies are planning to migrate to the cloud according to WANdisco's recent survey?

73% of survey respondents intend to migrate on-prem Hadoop to the cloud.

What are the key challenges faced during data migrations as per WANdisco's report?

Key challenges include 54% of projects not going as planned, with many exceeding budget and timelines.

What percentage of companies are pursuing data modernization?

According to the report, 78% of companies are pursuing data modernization initiatives.

How many technical professionals participated in WANdisco's survey?

Over 200 technical professionals from the Global 2000 participated in the survey.

CIRATA PLC

OTC:WANSF

WANSF Rankings

WANSF Latest News

WANSF Stock Data

93.12M
96.45M
38.21%
36.8%
Software - Application
Technology
Link
United States of America
St. Helier