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Gartner: 2010 Best Year Ever for Data Storage

By CIOinsight  |  Posted 03-08-2011 Print

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A researcher declares 2010 the segment's highest revenue-producing year ever, the only sector in all of IT to accomplish this in the last 12 months.

Gartner's IT industry research confirmed March 8 what IDC had reported a few days ago: That the data storage hardware industry had a pretty darn good year in 2010.

In fact, Gartner went one up and declared 2010 the segment's highest revenue-producing year ever, the only sector in all of IT to accomplish this in the last 12 months.

Gartner reported that the worldwide ECB (external controller-based) disk storage market exceeded its previous high set in 2008 by $1.4 billion in 2010. In total, ECB storage revenue hit the  $19.4 billion mark in 2010, an 18.1 percent increase from 2009 revenue of $16.5 billion.

"Storage infrastructure modernization, expanded server and desktop virtualization projects, disk-based backup and archiving deployments, new file-oriented applications, and cloud-based service offerings are the engines that are propelling ECB disk storage vendor revenue growth," said Roger Cox, research vice president at Gartner.

"Clearly, IT executives are showing a willingness to invest in new and modern ECB disk storage solutions that address complexity, reduce opex and improve utilization while satisfying demanding service-level agreements."



 

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