Article published by: https://www.sdxcentral.com/
Author: Ali Longwell
Source URL: https://www.sdxcentral.com/articles/news/6-software-defined-storage-companies-to-watch/2018/04/
While the traditional storage industry has been largely experiencing anemic growth, at a 2.7 percent compound annual growth rate (CAGR) through 2021, there are pockets of the market that are seeing high growth and revenue. One such pocket is software-defined storage (SDS). This segment is growing at a 13.5 percent CAGR through 2021, according to IDC.
SDS is penetrating IT infrastructures to meet the needs of the next-generation datacenter. As companies transform their businesses and move operations to the cloud, they are adopting SDS for greater agility, reduced costs, and greater operational efficiency.
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