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Wednesday, July 11, 2018

Pure Storage Could Benefit from Growth in Enterprise Storage

Enterprise storage revenue rose 34% YoY in Q1 2018 Market research firm International Data Corporation (or IDC) has estimated that worldwide enterprise storage system revenues will grow at 34.4% YoY (year-over-year) to $13 billion. The external enterprise storage systems revenue rose 19% YoY to $6.26 billion in the first quarter of 2018. Total storage capacity shipped rose to 98.8 exabytes in Q1 2018, an increase of 79% YoY. According to IDC, top storage vendors managed to grow revenue in Q1 2018. @DellEMC (DVMT) continued to lead the Enterprise Storage Systems market with a share of 21.6% and revenue growth of 43% YoY in Q1 2018 @HPE @IBM @Purestorage

https://marketrealist.com/2018/07/pure-storage-could-benefit-from-growth-in-enterprise-storage

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