Demand for storage-as-a-service is on the rise
Budgetary considerations and exploding volumes of data are combining to boost demand for storage-as-a-service, IDC said in two reports today.
The Framingham firm that provides global market intelligence said that storage-as-a-service can often make more sense to both businesses and consumers than traditional storage products, especially as so-called cloud-based computing becomes more prevalent.
The firm said in a press release: "An IDC survey of 812 firms reveals that demand for online storage services is very strong in small, mid-size, and large firms that are facing budgetary and IT staffing pressures. These companies are evaluating online services for backup/disaster recovery, long-term record retention, business continuity, and availability. On the consumer front, the storage-as-a-service opportunity is exploding as individuals need to store fast growing volumes of digital data. They are increasingly considering online services, as an alternative to a product purchase, for backing up, sharing, and preserving data long term. In both the commercial and consumer segments, the availability of storage-as-a-service is disrupting traditional storage software markets as it changes how individuals and firms access storage capacity and procure software functions."
Brad Nisbet, program manager for Storage and Data Management Services at IDC, added in a statement, "As consumers and business organizations continue to generate vast amounts of data and seek optimum methods to store and protect them, the growth of storage capacities delivered through storage-as-a-service offerings will outpace traditional storage architectures."
(By Chris Reidy, Globe staff)