NetApp Reveals Top Five Megatrends A/NZ business and IT Leaders Think Will Change Business Over the Next Five Years

ANZ CIOs and CxOs name Economic Change, Technology Innovation and Changing Consumer Expectations as the biggest pending megatrends

NetApp, Inc. (NASDAQ: NTAP) today revealed the results of an in-depth study which highlights the megatrends that Australian and New Zealand business and IT leaders believe will affect their organisations over the long-term.

According to the results of a May 2015 Tech Research Asia survey of 468 ANZ organisations, (90 in New Zealand, 378 in Australia), the top five megatrends that are considered either “somewhat” to “very” disruptive by business and IT leaders are:

  • Economic Change (selected by 46% of CIOs and 49.6% of CxOs)
  • Technology Innovation and the Internet (selected by 44% of CIOs and 47% of CxOs)
  • Changing Consumer Expectations and Behaviours (selected by 32.5% of CIOs and 40% of CxOs)
  • Population Growth (selected by 31% of CIOs and 30% of CxOs)
  • Ageing Population (selected by 18% of CIOs and 26.5% of CxOs)

However, when looking at the results filtered by industry other megatrends like “cyber-attacks”, “the rise of Asian economies”, “global warming”, “access to and quality of education”, and “challenges to healthcare and disease prevention” feature prominently as concerns for ANZ business and IT leaders.

One in four ANZ organisations say they are already using data analytics to prepare for the arrival of these megatrends. However, both business and IT leaders note a raft of challenges with using this data.

These include:

  • 30% of CxOs struggle to find people with the right skills to analyse the data and 31% have difficulty with timeliness of access to data
  • 41% of CIOs find it challenging to secure their data, while one in five are concerned about a lack of data portability across providers
  • One third of CIOs and CxOs are challenged to find cost-effective storage of data
  • 28% of CxOs are also concerned their internal data managed skills are not strong enough

“The research tells us that, on average, ANZ organisations perceive an improvement of anywhere between 18% to 32% in a range of financial metrics and operational activities by using data more effectively,” said Steve Manley, Managing Director, NetApp ANZ. “NetApp is investing in a data fabric architecture and framework to make hybrid IT simpler, faster and more secure. Regardless of what industry you are in, this data fabric will be as critical in dealing with the long-term impacts of the megatrends as it is for achieving near-term goals.”

“We know that the majority of ANZ organisations either have a cloud strategy they are pursuing today or want one. These companies desire data and application portability across all of the services and infrastructure they consume – including on-premises equipment,” said Tim Dillon, Director, Tech Research Asia. “As the impacts of these broad range of megatrends start to be more acutely felt, the value of being able to manage data seamlessly across a hybrid environment to generate insights – and more importantly to take action – will become vastly more apparent.”

About The Research
Tech Research Asia was commissioned by NetApp to undertake an online survey of IT and business leaders in Australia and New Zealand organisations with more than 100 employees in April-May 2015. Survey respondents had to have an intimate understanding of their organisation’s IT strategy in order to qualify for participation. A total of 468 organisations participated with 90 in New Zealand and the remainder (378) in Australia. For more information about the methodology employed in the research please contact tim@techresearch.asia.

The Data Fabric Vision
NetApp believes that a hybrid IT architecture will become the leading IT deployment model for the next decade or more. Customers are attracted by the speed and scale benefits of the cloud but need new data management strategies to keep control of their data as this crucial asset moves beyond the walls of the enterprise. NetApp’s vision for enabling customers to achieve both data control and choice in IT deployment models in this new world is called the data fabric.

NetApp’s new data lifecycle solutions give customers confidence that no matter where their data lives they can control, integrate, move, secure and consistently manage it. They benefit from NetApp’s investments and expertise in building enterprise-class hybrid deployments that are designed to evolve as customer needs change. More than 275 service provider partners are contributing to the development of the data fabric, enabled by NetApp technology.

About NetApp
Leading organisations worldwide count on NetApp® for software, systems and services to manage and store their data. Customers value our teamwork, expertise and passion for helping them succeed now and into the future. To learn more visit: www.netapp.com.au.

Additional Resources

For more information, or an interview with a NetApp executive, please contact:

Jenna Woods
Weber Shandwick PR for NetApp
P 02 9994 4476
M 0410 026 849
Ejwoods@webershandwick.com