Curious as to Seagate’s point of view on the cloud? Check out Wes Perdue’s post on CTOedge.
Cloud Computing: A New Model for Delivering and Consuming IT Resources
Guest Opinion | Wes Perdue, Friday, July 16, 2010
Through all of the hype and excitement brought on by cloud computing, the fact of the matter is that it is delivering real value to enterprises, SMBs and consumers. Companies are increasingly looking to a cloud computing environment to accelerate value in business financials; improve agility, flexibility and innovativeness; and reduce costs. Driven by the growth of cloud computing, cloud storage is quickly growing from a relatively small percentage of the overall IT market to a disruptive, sustainable and significant opportunity.
Contrary to misconceptions about its possible impact on the storage industry, cloud computing is actually quite positive for storage. It’s good for the storage service providers and for the storage infrastructure suppliers. As more and more applications are developed and computing resources demanded, more storage is created. According to IDC, storage is the fastest growing cloud service, growing from 9 percent of all cloud service revenues in 2009, or $1.6 billion, to 14 percent in 2013 or over $6 billion of worldwide IT cloud services revenue. The vendors providing storage hardware, software and professional services to the cloud service providers raked in $2.9 billion in cloud storage infrastructure revenue in 2009, according to IDC.
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