Storage In 2011: Disk-y Business
December 17, 2011: The good news is that storage costs continue to drop, with third quarter disk capacity shipments up 30.7% year over year. Meanwhile, vendor revenues have increased only 8.5%, meaning enterprises can buy more storage for less money. The bad news is that information volumes are growing at a minimum rate of 59% annually, so that even with the cost per byte–giga, zetta, undecillion (1,000,000,000,000,000,000,000,000,000,000,000) – dropping rapidly–falling prices can’t keep pace with increasing storage demands. According to Forrester Research, with 2011 IT budgets seeing more restrained growth–barely 7%–storage has become the poster child for doing more with less.
Against this backdrop of a world drowning in data, here are some highlights of what unfolded in the disk storage market in 2011, which is dominated by six vendors with more than 80% of the market.
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