The Fact Checker

The Fact Checker

Jul 23, 2001
1 minute read
eWeek content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More

At a time when even EMC is cutting staff, many pundits say storage experts no longer enjoy job security. Heres our take on the job market:

Where The Money Is

From consulting firms to startup storage service providers (SSPs), many companies are hunting for seasoned talent who understand storage-area networks and technologies like Fibre Channel.

Market Size

Worldwide spending in the SSP market will hit $10.7 billion in 2005, up from $153 million last year, says Doug Chandler, an analyst at International Data Corp.

Weigh Your Options

Many senior SSP positions include stock options.

But dont let them seduce you. “Its a tough time to be a pure-play SSP,” says IDCs Chandler. “Theyre short on cash and theyre trying to find customers, even as Qwest and IBM start to offer storage services as part of their hosting initiatives.”

Watch Market Indicators

Even employers in the booming network-attached storage (NAS) market are cautious. Quantum, for one, remains healthy, but recently canceled an IPO for its Snap business because of the stormy economy.

eWeek Logo

eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site's focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

Property of TechnologyAdvice. © 2026 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.