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Sixty-one percent of respondents expect their organization’s cloud-based storage “backed by hard drives” to increase 100% by 2028.
FREMONT, Calif.–(BUSINESS WIRE)–According to the latest, global Recon Analytics1 survey commissioned by Seagate Technology, business leaders from 15 industry sectors and 10 countries expect that the adoption of artificial intelligence (AI) applications will produce unprecedented innovations. of data, driving a huge demand for data storage, especially cloud-based storage.
With hard drives offering scalability associated with terabyte-per-dollar costs, cloud service providers rely on hard drives to store large amounts of data. Recently, the expert firm IDC estimated that 89% of data stored by cloud service providers is stored on hard drives2. Now, according to a survey by Recon Analytics, nearly two-thirds of respondents (61%) from companies that use the cloud as their primary storage facility expect that their cloud based storage will grow by more than 100% in the next 3 years.
The overall survey results point to a future increase in demand for data storage, with hard drives emerging as the clear winner, said Roger Entner, founder and principal analyst of Recon Analytics. When you consider that the business leaders we surveyed plan to store more AI data in the cloud, it seems that cloud services are well positioned to ride the second wave of growth.
Key Findings:
The results of the research confirm the way for organizations to store data for a long time to ensure the reliability needed to train AI models. For AI innovation and adoption to continue, AI results and outcomes need to be more accurate.
Reliable AI is key to enabling AI adoption, said BS Teh, Seagate’s Chief Marketing Officer. Since the majority of survey respondents said they need to store data for a long time to improve the quality of AI results, we focused on the design of the environment necessary to increase the storage capacity for each platter on the hard drives of us based on HAMR. We have a clear path to more than double the energy per plate in the next few years.
To see the results and complete survey analysis, visit Recon Analytics.
About Seagate Technology
Seagate is a leader in multi-capacity data storage. We have provided more than four and a half billion in energy over the past four decades. We create scalable storage, which brings reliability and reliability to data-dependent applications. In an era of unprecedented innovation, Seagate maintains endless potential. To learn more about how Seagate is leading the way in storage innovation, visit www.seagate.com and our blog, or follow us at XFacebook (NASDAQ:), LinkedInand YouTube.
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1 The November 2024 survey sampled more than 1,000 business decision makers active in the storage architecture sector and companies reporting $10+ million in annual revenue that have adopted AI or plan to to adopt AI within the next three years. The research results shed light on the impact of AI applications on infrastructure priorities as well as data storage and management capabilities. The results also examine respondents’ expectations about how the rise of AI will affect basic needs over the next three years.
2 Based on the 2024 IDC Cloud Infrastructure Index report.
Check out the source version at businesswire.com: https://www.businesswire.com/news/home/20250113613380/en/
Andrea Kirby (NYSE:), andrea.l.kirby@seagate.com
Karin Taylor, karin.h.taylor@seagate.com
Source: Seagate Technology Holdings plc