Enterprises Spend More on Storage: IDC

Research company IDC says enterprises and service providers spent more money on storage in the second quarter, emboldened by growing IT budgets. As reported in this PC World report, the boost in storage has come along with investments in cloud computing and data-center virtualization.

"The total market for disk storage systems grew just over 10 percent from last year's second quarter to reach almost US$7.5 billion in revenue, IDC said in its Worldwide Quarterly Disk Storage Systems Tracker. IDC defines disk storage systems as collections of three or more drives, either in or outside servers.

"External disk storage grew 12.2 percent year over year to slightly more than $5.6 billion in factory revenue, IDC said."

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