News: Spectra Logic Publishes 2020 Data Storage Outlook Report
Fifth annual data storage report aids industry in navigating the budgetary and infrastructure challenges of capturing, sharing and preserving data
(Boulder, CO--July 9, 2020) Spectra Logic, a leader in data storage and data management solutions, today announced the publication of its “Digital Data Storage Outlook 2020”. The fifth edition of the report delves into the management, access, use and preservation of the world’s ever-expanding volumes of data, capturing the impact of the Covid-19 pandemic on trends and technology during this unprecedented time in history.
The report outlines future strategies, technologies, applications, use cases and costs for more accurate evaluation and planning of data management and preservation strategies.
Spectra’s Digital Data Storage Outlook 2020 predicts that, while there could be some restrictions in budgets and infrastructure, only a small likelihood exists for a constrained supply of storage to meet the needs of the digital universe through 2030. Storage device providers will continue to innovate with higher speeds and capacities to meet increasing growth demand, with every data storage category, including flash, persistent memory, disk, tape and cloud, exhibiting technology improvements. This momentum will be dependent upon projected technology advancements and any slowdown in one category, such as disk, will provide an opportunity for others, such as flash and tape.
“The year 2020 is one like no other due to Covid-19, which makes accurate market forecasting especially challenging in these extraordinary times,” said Spectra Logic CEO Nathan Thompson. “That said, as businesses become increasingly data-driven, it is even more crucial that IT professionals understand the factors impacting their organizations, so they can anticipate the trends, technologies and challenges they will face in order to protect their data and derive maximum value from it for the long-term.”
Highlights from the report include:
Download the full “Digital Data Storage Outlook 2020” report here.
About Spectra Logic
Spectra Logic develops data storage and data management solutions that solve the problem of digital preservation for organizations dealing with exponential data growth. Dedicated solely to storage innovation for 40 years, Spectra Logic’s uncompromising focus is proven by the adoption of its solutions by industry leaders in multiple markets globally. Spectra enables affordable, multi-decade data storage and access by creating new methods of managing information in all forms of storage—including archive, backup, cold storage, private and public cloud. Spectra Logic has been an ISO 9001 certified organization since 1998.