Storage News

EMC Benefits From Data Explosion

Independent Data Corp. says data could grow by as much as 44 times in the next decade. This data needs to be managed and that need has created a niche market. EMC is a company that was built on its data storage expertise, reports JS Online, which makes it well-positioned to benefit from many of the efforts to collect and analyze data. EMC is developing some of the most innovative products in areas such as backup and recovery, data protection and security, and analytics.

"There's no sign the growth will slow, either. There's a lot more bandwidth available because of the telecommunications build-out a decade ago. Also, companies' data needs are becoming more complex because of virtualization, where they run many operating systems on the same server; new ways for storing and warehousing data; and cloud computing, where information is stored on someone else's servers.

"Spending on information technology during the next four years is expected to increase 5% to 7% annually, Drzadinski said. Storage revenue may grow even faster, to as much as 10% a year, he said."