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How the 'Down' Macroeconomy Will Impact the Data Storage Sector
By: Chris Preimesberger
2008-10-16
Article Rating:    / 1
There are 1 user comments on this Data Storage, Data Backup and Storage Virtualization story.
How the 'Down' Macroeconomy Will Impact the Data Storage Sector (
Page 1 of 4 ) As vital as they are to the continuity of business, the data storage, archiving, disaster recovery, e-discovery, risk management and online storage businesses are certainly not immune from the impact of a negative macroeconomy. Despite this, it appears that storage could well remain one of the busier spaces in IT, despite a spending downturn.And so the theorizing begins: How will the impending recession in
the overall U.S. economy be impacting the various sections of the IT
storage and data center businesses?
As vital as they are to the continuity of business, the data storage,
archiving, disaster recovery, e-discovery, risk management and online
storage businesses are certainly not immune from the impact of a
negative macroeconomy.
However, due to the nonstop job of storing ever-increasing piles of
digital files and providing timely access to them, it appears that
storage could well remain one of the busier spaces in IT, despite a
spending downturn.
Most people and organizations are not good editors of digital files. It's too easy to keep everything
and simply buy more storage as needed. After all, it takes time and
effort to weed out and dispose of files that are no longer relevant,
and time for second-tier jobs like that is hard to find.
Besides, in the case of business, new federal court rules and other state and national regulations require that a lot more business data be kept for legal reasons than in the past.
So on we go, stockpiling gigabytes, terabytes -- and eventually,
petabytes -- of personal and business documents, photos, videos, music,
e-mail and whatever.
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