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TechNavio Says the Global Software Defined Storage Market Will Help Significantly Reduce Data Center Costs by 2019TechNavio, a tech-focused research firm,published a new report on the Global Software Defined Storage Market, which is expected to grow at a CAGR of 35.20 percent from 2014-2019. According to the latest report by TechNavio, software defined storage (SDS) is one of the key components of software-defined data centers (SDDCs), and SDS can easily be integrated into data center storage systems in order to create a shared pool of resources for user application access. "SDS helps enterprises reduce storage infrastructure costs through efficient allocation of resources. This is the reason many large enterprises have added SDS to their infrastructure paradigm," says Faisal Ghaus, Vice President of TechNavio. SDS also enhances virtualization through increased control over data allocation, migration and replication to enterprises. The new TechNavio report also daws attention towards increased adoption of flash-based storage. Storage systems that combine SSDs, HDDs and flash-based caches are gaining popularity among enterprises. "Most enterprises consider SDS in flash-based storage as a logical and cost-effective solution, as it provides better suitability and platform independency," says Ghaus. TechNavio currently has more than 3000 market research reports on a huge range of topics, including:
About TechNavio TechNavio is a leading global technology research and advisory company. Founded in 2003, TechNavio has about 200 analysts globally and develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users. If you are interested in more information, please contact our media team at [email protected]. |
