Storage is big business
Since you subscribe to a storage-specific publication, I`m sure you`re aware of the increasing importance of storage on the IT landscape. But what`s really amazing is the sheer size and growth of our market.
Here are some fun facts we gleaned from the recent spate of storage-centric shows and conferences.
- By 2000, 75 cents of every dollar spent on information technology will be spent on storage. --The Yankee Group
- Capacity at U.S. businesses and government agencies is growing at 60% to 100% annually. --Various sources
- Storage capacity in terms of RAID subsystem shipments for Unix and Windows NT should grow at a compound annual growth rate of 91%, to 696,000 terabytes (696 petabytes) in 2002. In terms of revenues, the worldwide Unix/NT RAID market was approximately $12.8 billion in 1997, and is expected to grow at a CAGR of 24% to $37 billion by 2002. --Dataquest
- The market for disk subsystems (all platforms) will be more than $32 billion this year. --International Data Corp.
- Factory revenues for disk drives alone will top $25 billion this year, while the market for tape drives was $3.5 billion last year, and optical devices racked up $6.9 billion in revenues. The market for storage management software hit $2.6 billion last year, a 31% increase over the previous year. --Dataquest
- Revenues from storage, networking, and storage management software associated with Fibre Channel storage area networks (SANs) in open environments is expected to exceed $10 billion in 2002, up from less than $1 billion in 1997. --Needham & Company
More Fibre Channel
If that last stat caught your eye, and you`re planning on taking advantage of SANs and Fibre Channel, check out this month`s Special Report on Fibre Channel RAID controllers (including "full" Fibre Channel and FC-SCSI hybrids). Most of the Fibre Channel action is focused on switches, hubs, adapters, and software, but RAID boxes are integral parts of SANs, and controllers are the brains of RAID boxes.
Contributing writer John Haystead interviewed the leading independent manufacturers of Fibre Channel RAID controllers. His insights may help you make your next RAID purchase.