Hybrid working is here to stay: 52% of UK workers are expected to be remote in 2022. This has brought up a new challenge for enterprises: with employees operating from multiple different locations, critical and confidential data can no longer be stored on-premises in one site. For data to be accessed and protected at these various locations, enterprises must deploy local, external and cloud back-ups, and archival solutions.
Archival data (also known as ‘cold’ storage) is stored in lower cost, infrequently accessed tiers that archive information until it is needed, for example in the event of a failure or cyber-attack. As the world generates and stores more archival data than ever before, with use cases such as genomics or video footage, cold storage will become the go to for data which must be protected but doesn’t need to be accessed within milliseconds.
GSTechnologies (LON:GST) overall development of the group includes large customer accounts and growing their blockchain payment and financial services business, with blue sky opportunities in new Disruptive Technologies with synergy to their existing business.
