Essential Steps For Storage Resource Forecasting

When you’re trying to forecast your storage resources, it’s important to think about both quality and quantity, and take steps to ensure that you’ll be able to stay flexible in the future. There’s likely to be outside influences, such as complying with regulations and your relationships with stakeholders and other businesses, which can have a massive impact on your storage resource needs. Here are some helpful tips for accurate storage resource forecasting.

Keep Your Higher-Ups Informed

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To get the best possible results from your forecasting, you need to start off by talking to your senior management, both in the IT department and generally. Tell them about the value of accurate forecasting, and make sure they’re on-board with sponsoring the initiative. When all of your higher-ups are behind the forecasting process, it will be much easier to get key stakeholders on board with the whole process, and convince them to participate.

Source Accurate Metrics

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Closely tied with my first point, you should plan for gathering forecasting metrics which are relevant and meaningful to all the parties involved. Once an initiative for forecasting has caught the attention of your senior management, having meaningful metrics to back it up can really fortify the value of it. If there’s any kind of doubt with regards to the accuracy of the metrics, it can really undermine the credibility of the initiative, and cause the whole thing to crumble. Storage metrics are going to be important not only in the process of forecasting, but also in the future, so look into ways of automating the monitoring processes which you can rely on now and in the future.

Discuss Capacity and Demand with Your Vendors

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One way to incorporate flexibility into your resource plan while keeping risk to a minimum is negotiating some kind of capacity-on-demand buying process. It’s pretty common practice for firms like ITE Projects data centres to build data solutions according to the needs of the individual client these days, so browse all the options available to you to ensure you’re choosing the process with as much flexibility as possible. In a capacity-on-demand process, the vendor in question will install gear with the maximum possible capacity, but will only charge you for the capacity used. This will reduce set up and configuration time, all the while increasing storage capacity.

Think About Compliance Policies

Applying corporate compliance policies can have a pretty big impact on the storage capacity that’s required. If you’re approaching your data storage with a more blasé attitude, then you could end up with information being stored in varying forms, both digitally and on paper. This, in turn can result in wasted space. I’m sure you want to avoid this, so consider drafting a corporate compliance policy. This can address the issue by setting clear definitions for the kinds of information that your business uses, if and how it should be saved, and where it should be stored.

If you’re finding your storage resource planning to be one big headache, taking this advice will simplify everything about it.

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About Dequiana Jackson

Dequiana Jackson, Founder of Inspired Marketing, Inc., helps overachieving women entrepreneurs conquer limiting beliefs and create marketing plans that win. This includes one-on-one marketing plan development, digital product creation, web design and content marketing. Dequiana is the author of Know Your Business: How to Attract Ideal Clients & Sell More and runs the award-winning blog, Entrepreneur-Resources.net.

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