IT decision makers across the U.S., UK, France, and Germany are still missing an opportunity to transform their business through a holistic data management approach that reduces risk and improves business efficiency.
For nearly two years, most organizations have lagged in addressing their GDPR compliance, and in some cases are ignoring the issue completely. In doing so, they are ignoring the benefits to be gained from the compliance effort, including developing a data-centric approach to control, manage, and move data regardless of where it’s stored – on premises or in the cloud.
According to a new report by NetApp: 35% of global businesses think that GDPR could threaten their existence due to financial penalties, while 50% of think that it could lead to reputational damage. Only 39% of global businesses are confident that they know where their data is stored.