As more businesses turn to the cloud to cope with ever-expanding data volumes, the trend has the potential to be a boon for storage providers.
According to a recent study by TheInfoPro, a division of research firm the 451 Group, storage spending among Fortune 1000 companies is expected to grow at a strong pace, with 44 percent of surveyed organizations indicating they plan to increase spending this year.
While traditional storage methods, such as tape and disk devices, will undoubtedly remain the solutions of choice for many businesses, more are showing an inclination to gravitate toward cloud computing and virtualized technology – a trend that could present storage vendors an opportunity to expand their business. In fact, according to a recent Storage Strategies NOW report, more than 57 percent of survey respondents said they expect to adopt a cloud-based storage solution.
“Server virtualization transformed storage architectures, and cloud computing is having the same impact,” said TheInfoPro’s research director of storage Marco Coulter. “While all the [mergers and acquisitions] in 2010 might stifle innovation, the cloud alternatives out there are energizing storage professionals to be creative in delivering services.”
This point was echoed by Argus director of research Jim Kelleher in a recent interview with the Wall Street Transcript. Kelleher suggested that many businesses are relying on aging storage hardware that has become outdated. Thus, they are looking to new solutions to enhance their storage capabilities, such as the cloud.
“Rather than install this complete IT infrastructure, you can simply buy one, two or three laptops that can access an off-site IT infrastructure dedicated to your company,” Kelleher said. “You would still have access to your IT infrastructure, it is just not in your premises. That’s a very powerful and enabling tool, and I think that’s the place where cloud is having a very big impact.”
Virtualization News from SimplySecurity.com