Storage News Ticker - 23 May 2024

Latest Developments and Trends in Data Storage

Introduction: Welcome to the Storage News Ticker for May 23, 2024. In this weekly roundup, we bring you the latest news, trends, and developments in the data storage industry. From new product releases to industry reports and partnerships, we’ve got you covered.

  1. Seagate Introduces New External Hard Drive with 16TB Capacity Seagate, a leading data storage provider, has announced the launch of its newest external hard drive, the Backup Plus Hub. This new device offers an impressive 16TB capacity, making it an ideal solution for storing large media collections, backups, and other data-intensive files.

  2. Western Digital Unveils New Ultrastar Data Center HDDs Western Digital has introduced its latest Ultrastar data center hard drives, featuring up to 18TB capacity and advanced power efficiency. These new drives are designed to meet the growing demand for high-capacity, energy-efficient storage solutions in data centers.

  3. IBM and Google Collaborate on Quantum Computing and Storage IBM and Google have announced a new collaboration aimed at advancing quantum computing and storage technologies. The partnership will focus on developing new quantum computing algorithms and integrating quantum storage systems into IBM’s cloud infrastructure.

  4. Dell EMC Reports Strong Growth in All-Flash Array Market Dell EMC has reported strong growth in its all-flash array business, with revenue increasing by 25% year over year. The company attributes this growth to the increasing demand for fast, efficient, and scalable storage solutions in the enterprise market.

  5. Intel Unveils New Optane DC Persistent Memory Modules Intel has introduced its new Optane DC persistent memory modules, which offer up to 2TB of capacity and can significantly improve application performance by providing faster access to data compared to traditional DRAM.

  6. NetApp Acquires Spot Institute to Boost AI and Machine Learning Capabilities NetApp has announced the acquisition of Spot Institute, a leading provider of AI and machine learning solutions for the data center. This acquisition is expected to help NetApp enhance its storage offerings with advanced analytics and automation capabilities.

  7. HPE Expands Its GreenLake Edge-to-Cloud Platform HPE has expanded its GreenLake edge-to-cloud platform with new services and capabilities, including edge computing, security, and data protection. This expansion is aimed at helping businesses manage and secure their data across the entire edge-to-cloud infrastructure.

Conclusion: That’s it for this week’s Storage News Ticker. Stay tuned for more updates and insights from the data storage industry. If you have any questions or suggestions, please feel free to leave a comment below.

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