Storage Industry 2015 – A Holistic View
Storage industry funding: A report from IDC states that the External Storage Market Witnessed a Significant Year-on-Year Growth (16 percent) due to Increased Spending across Verticals in Q3 2015. The enterprise storage industry has been witnessing an uprise in the size of investment since 2013. Approximately $5.7B has been invested in this space in the last 5 years. The investment took an upward trend especially in the last 3 years with 2013 being the year that saw maximum funding of $1.4B. New companies formed: It’s a common known fact that the data storage industry has progressed from HDDs to cloud storage. Hard disks were invented and introduced by IBM in 1956 followed by the SSD and Flash memory. We are now in an era of IOT and cloud storage and throughout the progression we have witnessed the rise and growth of start-ups in each of these segments. In 2012, maximum number of companies were formed, with players such as Data Gravity (Storage Management), Qumulo (Hybri...