Top 20 Storage Solution Companies - 2020
We all are aware, “data is the new oil,” and hence, there is no doubt about the fact that data storage is the most essential foundation of any business. With the data deluge, its storage technologies are also evolving to cope up with the ever-growing demand. More importantly, the growing use of technologies like artificial intelligence (AI), machine learning (ML), blockchain, robotics, and the internet of things (IoT) are driving the need for storage capacities that are more efficient and reliable. While the popularity of cloud computing had a significant impact on the storage landscape in recent years, the recent advancements in the local storage systems explicitly demonstrate the stiff competition that is underway.
The highly-scalable architectures provided by public cloud providers have had a significant impact on how companies store and process data in the recent years. However, advancements in hardware technologies like storage-class memories and new software storage services that aim to provide computational and intent-based storage solutions means businesses will continue using local storage systems to accommodate their backup and archive strategies. New classes of storage solutions— NVMe, NVRAM, and persistent memory—promises to deliver greater performance than its predecessors. For instance, NVMe is designed to exploit the performance of high-end solid-state drives (SSD) by supporting low-latency commands and parallel queues. These storage solutions are particularly valuable for data-driven businesses and help businesses stand out from their competition. While all-flash storage is expected to continue its good run, a growing number of enterprises have started their transition to software-designed storage (SDS). They provide greater control and configurability while optimizing utilization and controlling costs. They also have better speed rates and durability. New software storage services also aim to provide computational and intent-based storage solutions. Even though the trend of moving computing closer to the storage has been going on for several years, it’s predicted to be mainstream soon.
At this juncture, there are a variety of storage solution providers in the market that provides specialized storage solutions that cater to different requirements. To help businesses choose the best solution that fits their requirement, CIOReview has compiled the list of the 20most promising storage solution providers. The enlisted solution providers are the frontrunners in the market that provide different storage solutions. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for the aspiring CIOs.
We present to you CIOReview’s, “20 Most Promising Storage Solution Providers – 2020.”