Seagate Adding Hybrid Cloud Storage to Legacy Drive Business
The main emphasis in its new products is optimization for speed in moving data from its source to hybrid cloud stores, wherever they may be located.This is hardly your father's Seagate Technology anymore. Making spinning-disk and solid-state drives (SSDs) for PCs, servers and other machines—not to mention those small but capacious desktop storage devices—is where the company has been for 37 years, and it's still among the world leaders in 2015. But as a number of other old-line IT hardware makers have experienced, Seagate needed to pivot. It's now moved headlong into hybrid cloud storage, backup and recovery, security and other services, and in a big way. Along these lines, the Cupertino, Calif.-based company on July 15 introduced new and updated hybrid cloud data protection for both on-site and cloud-based data stores, based mostly on its EVault acquisition of 2006. By the way, that turned out to be a good deal for Seagate, considering the purchase price for EVault was a relatively modest $185 million.
New and/or updated hybrid cloud-related packages in Seagate's lineup will soon include Seagate Backup and Recovery Software, Seagate Cloud Backup and Recovery Services, Seagate Backup and Recovery Private Cloud, and Seagate Data Management Services.