Storage News Roundup - 27 March 2024

27th March 2024

Introduction: Welcome to the latest edition of our Storage News Roundup, where we bring you the most recent and noteworthy news and developments from the world of data storage. In this issue, we’ll be covering topics such as new storage solutions, partnerships, and industry trends. Let’s dive in!

  1. New Storage Solution from Dell: Dell has recently announced the release of their new Unity XT all-flash array. This solution offers up to 30% more capacity and 50% more IOPS than its predecessor. With advanced data reduction technologies and a user-friendly interface, the Unity XT is sure to be a popular choice for businesses looking for high-performance, reliable storage.

  2. IBM and Google Cloud Partner: IBM and Google Cloud have announced a new partnership to offer IBM’s FlashSystems portfolio on Google Cloud Platform. This collaboration will enable customers to easily migrate their workloads to the cloud while maintaining the performance and reliability they’ve come to expect from IBM.

  3. Amazon S3 Introduces Object Lock: Amazon S3 has introduced Object Lock, a new feature that allows customers to set retention policies on their data. This means that once data is stored in S3, it cannot be deleted or overwritten for a specified period of time, ensuring compliance with various regulations and data retention policies.

  4. Seagate Introduces Exos X14: Seagate has announced the release of their new Exos X14 helium-sealed hard drive. With a capacity of 14TB, this drive offers businesses and data centers increased storage density and cost savings.

  5. Industry Trends: According to recent reports, the global data storage market is expected to grow at a CAGR of 12.2% between 2023 and 2028. Key drivers of this growth include the increasing adoption of cloud storage, the rise of the Internet of Things (IoT), and the need for businesses to store and manage larger amounts of data.

Conclusion: That’s all for this edition of the Storage News Roundup. We hope you found this information informative and helpful. Stay tuned for our next issue, where we’ll be bringing you more news and developments from the world of data storage.

[Note: This article is for informational purposes only and should not be considered as investment advice. Always do your own research before making any investment decisions.]