By Jon Brodkin, Sep 1, 2008
The storage market is thriving despite a tough economy, as exploding digital information growth has forced customers to add more capacity and upgrade to newer storage systems that are faster and more efficient, analysts say. "It's a lot easier for customers to put off the purchases of servers, some software and applications, and even desktops than it is to put off storage purchases," says Charles King of the Pund-IT analyst firm. "Once a company moves into the digital world ... information just piles up. You've got to have some place to put it." Worldwide disk storage shipments will double in capacity every two years through 2012, the analyst firm IDC predicts. Spending on disk storage is expected to top $34 billion four years from now. The most important force behind this growth is "the emergence of content-rich business applications in areas such as telecommunications, media/entertainment, and Web 2.0," IDC reports.
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