Ziff Davis Enterprise, publisher of eWEEK, on Dec. 9 reported survey results indicating that the data storage sector of IT generally remains unblemished by the economic downturn that is zapping most of the U.S. and world economy.
The survey and analysis for the new report, "Outlook for the 2009 Storage Market: An Online Survey of Ziff Davis Enterprise Storage Buyers," provided a validation of sorts for what eWEEK has been reporting in the last few months since the Wall Street and mortgage banking implosion caused the stock market to drop in precipitous fashion at the end of the third quarter.
Generally, large portions of the U.S. economy-especially real estate, general manufacturing, banking, construction and IT manufacturing-have been wracked with layoffs and dour financial reports. Despite this trend, the data storage sector continues to improve its position, with virtually all companies in the disk and tape storage markets-along with surrounding submarkets, such as storage controllers, data center management software and others-reporting increasing sales and revenue over 2007.
The ZDE survey results are in accord with similar market studies published by researchers IDC and Gartner in concluding that the data storage market is the healthiest overall sector in the IT industry.
"Despite the downturn in the macroeconomic conditions, our consensus is that in the short to medium term, storage is the most resistant to macroeconomic changes," IDC storage analyst Benjamin S. Woo told eWEEK on Oct. 16.
There is reason for most of the storage business to remain confident looking ahead to 2009-despite all the free-falls in other sectors of the economy. There is always going to be a need for secure places to house data, and the deluge of bits isn't slowing down anytime soon.