Storage vendors set for revenue growth
The market is on track to total $417.3 million in 2011 - a 56% increase from 2010, according to research firm Gartner.
Gartner senior research analyst Sid Deshpande explains that as external cloud computing emerges as a new segment of the storage market, competition is increasing, with ECB disk storage vendors developing or acquiring technologies that serve as a good fit for external cloud deployments.
Hot Hardware says Gartner forecasts that although ECB storage looks to be ideal for smaller organisations, prices will need to drop quite a bit, in order to make the largest deployments feasible.
“With the exception of a few extremely large cloud providers, such as Google, Amazon and Facebook, which have deep pockets for internal R&D to develop their own storage infrastructure with commodity hardware, enterprise-focused external cloud providers will prefer commercial ECB storage technologies over home-grown storage hardware infrastructures,” says Gartner in a statement.
In the overall market for ECB storage, ECB disk storage deployed in the external cloud today forms a very small portion. Gartner estimates that external cloud deployment constituted only 1.4% of overall ECB disk storage vendor revenue in 2010, states TMCnet.
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