| |JUNE 202219CXO INSIGHTSIn an interaction with CIOReview India, Manjunath Prasad, Head - IT Operations, TVS & Sons expounds on why enterprises are betting big on data analytics, which involve the challenges of modern day businesses, and how to overcome them using data analyzation tools.AN ERA OF SURPRISING DATA STORES FORGED BY DATA ANALYTICSThe global DCIM market is expected to be worth $3.2 billion by 2026. How do you anticipate the growth of this segment in India? What are the factors driving this growth?In accordance with the growth, which is happening across all the industries globally, the digital push is contributing to the anomalous growth. As a result of all the digitization efforts, across verticals and across all industries, huge expansions and tech innovations are happening in the DCIM (Data Centre Infrastructure Management). The second thing is data storage, which is increasing across platforms like the devices from the IoT (Internet of Things) and data from the machines. The machine learning concept is the new push to a large number of data collections across platforms, multiplying the DCIM growth.The retro-fitting of energy metering and environmental sensors is one of the major impediments of DCIM adoption. This is especially true in sites with lower levels of redundancy of power and cooling systems. How should data centres approach to solve this issue?With today's modern technology appearing in the business sectors, there is a lot of improvements happening in data centers in terms of power and cooling factors. And there's a lot of push towards the Green Revolution now to reduce the carbon footprint. In the field of green energy, using artificial intelligence and machine learning concepts are ever important. There's a lot of improvement and technology push that has been adopted in power consumption, including technologies for cooling, which can enable the growth of the data center infrastructures. The most valuable functions of today's DCIM tools include proactive monitoring, predictive and impact analysis of potential problems.The most valuable functions of today's DCIM tools include modeling proposed changes or moves, conducting impact analysis of potential problems, and more. But such functions can only succeed if accurate inventory and asset management information is recorded and maintained over time, which requires on-going processes and action on the part of the operator. How can this be overcome?The use of technology and the latest technology tools definitely help in maintaining the correct inventory of the IT assets and providing the potential for optimization. Manjunath Prasad, Head - IT Operations
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