Survey: European Storage Budgets Down

A new survey by SearchStorage.co.UK reveals that UK and European storage budgets have shrunk for the second year running, but significant amounts of money are still being spent on disk storage systems and new disk capacity.

"Storage budgets decreased on average by 1.5% this year and 1.7% in 2010. This year and last contrast with 2008, when budgets rose on average by 1.5%.

"Behind those averages, one fifth (21%) of respondents saw their storage budgets decrease by more than 10% this year, almost exactly the same as in 2010. That’s in contrast with 2008, when only 10% of those questioned suffered such budgetary shrinkage."

Read the Full "European storage budgets still down; disk storage systems are biggest spend" Story at SearchStorage.co.UK

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