Storage has evolved from a peripheral to the foundational technology in IT. Data (and
therefore, the protection of that data) underpins the internet, Cloud and internal
datacenters worldwide.
Having storage systems that allow users to scale up in performance, scale out in
capacity, and scale deep to leverage existing investments are the key tenets on which
next generation datacenters are founded.
IBM, in its announcement of the Storwize V7000 has taken all these into account. The
V7000 meets all three scaling needs, is feature packed. It is also a clear example of
how leveraging industry standards can yield high return for both IBM and its
customers.
Apidays New York 2024 - The value of a flexible API Management solution for O...
A New Era in Midrange Storage IDC Analyst paper
1. WHITE P APER
A New Era in Midrange Storage
Sponsored by: IBM
Benjamin Woo
December 2010
IDC OPINION
Storage has evolved from a peripheral to the foundational technology in IT. Data (and
www.idc.com
therefore, the protection of that data) underpins the internet, Cloud and internal
datacenters worldwide.
Having storage systems that allow users to scale up in performance, scale out in
F.508.935.4015
capacity, and scale deep to leverage existing investments are the key tenets on which
next generation datacenters are founded.
IBM, in its announcement of the Storwize V7000 has taken all these into account. The
V7000 meets all three scaling needs, is feature packed. It is also a clear example of
P.508.872.8200
how leveraging industry standards can yield high return for both IBM and its
customers.
SITUATION OVERVIEW
Global Headquarters: 5 Speen Street Framingham, MA 01701 USA
An opportunistic market
IDC research shows that external storage systems in price bands five through eight
(representing storage systems that have an average selling price between
US$25,001 and US$250,000) have a compounded annual growth rate (CAGR) of
7.3% between 2009 and 2014. These price bands are often considered by the
industry as representing midrange storage systems.
This represents a CAGR that is more than 20% more aggressive than the external
storage market, and nearly a 45% improvement on the total storage market in the
same period. Contrasting this positive news, in the highest two price bands that
represent those external storage systems costing more than US$250,000, that market
is expected to show a 2.6% decline over the same period.
With these forecasts in hand, it is obvious that a focus on the midrange storage
market will yield the most opportunities for any storage vendor.