Storage Ticker - 25 July 2024: Latest Prices and News
Top News and Insights in the Data Storage Industry
Introduction: Welcome to the Storage Ticker, your go-to source for the latest news and insights in the data storage industry. In this edition, we cover the most significant developments from July 25, 2024.
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Seagate and Western Digital Report Q2 Earnings Seagate Technology and Western Digital, two leading players in the data storage market, reported their Q2 earnings. Seagate’s revenue grew by 11% YoY, driven by strong demand for enterprise and client solutions. Western Digital’s revenue increased by 13% YoY, fueled by growth in the enterprise and client businesses.
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IBM Acquires FlashMemory Technology IBM announced the acquisition of FlashMemory Technology, a leading provider of flash memory solutions. The deal is expected to strengthen IBM’s position in the data storage market and enhance its offerings in the area of flash memory technology.
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Dell EMC Unveils New All-Flash Array Dell EMC introduced a new all-flash array, the PowerMax FAS8200, designed to deliver high performance and efficiency for mission-critical workloads. The array features advanced data services and supports NVMe over Fabrics, making it an ideal solution for organizations seeking fast and reliable storage.
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Intel Unveils New Optane Memory Models Intel launched new Optane memory models, which offer faster response times and increased capacity. The new memory solutions are aimed at enhancing the performance of traditional hard drives and solid-state drives, making them an attractive option for consumers and businesses alike.
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HPE Expands GreenLake Edge-to-Cloud Platform Hewlett Packard Enterprise (HPE) announced the expansion of its GreenLake edge-to-cloud platform, which now includes edge computing and IoT solutions. The platform enables organizations to manage their IT infrastructure from the edge to the cloud, providing greater flexibility and control.
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NetApp and Microsoft Collaborate on Azure Stack HCI NetApp and Microsoft announced a collaboration to deliver NetApp HCI solutions on Microsoft Azure Stack HCI. The partnership aims to provide customers with a seamless hybrid cloud experience, allowing them to easily manage their data across on-premises and cloud environments.
Conclusion: That’s a wrap for this edition of the Storage Ticker. Stay tuned for more updates and insights from the data storage industry. If you have any questions or suggestions, please leave a comment below.
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