Several factors are said to be driving the demand for storage networks in China: increasing Internet usage; unique telecommunications requirements; and the competitive environment for data-intensive businesses such as telecommunications, finance, utilities, and manufacturing.
With the continued growth of data storage requirements, the storage market opportunity in China represents one of the highest-growth markets in Asia-Pacific, according to IDC. The research firm predicts that the total amount of data storage shipped will reach more than 60 petabytes by 2005 -- representing nearly 100 percent annual growth.
Despite Reyess buoyant words and optimism about new markets, Wall Street analysts remain anxious about when the market will recover and to what degree.
CIBC World Markets analyst Paul Mansky recently lowered his sales and earnings per share estimates for Brocade (and the rest of the sector) as he believes IT spending has been frozen since the September 11 attacks. Nevertheless, he maintains a Buy rating on the stock in anticipation of an upswing in the fourth quarter (see CIBC Revises SAN Stocks Down).
Jo Maitland, Senior Editor, Byte and Switch http://www.byteandswitch.com
To realize the benefits of cloud-native software, an application must actually be cloud-native—designed to run in the cloud, interacting with disaggregated cloud services, fully manageable as code—to deliver the expected benefits.
By combining resources and expertise, the AI-Enabled ICT Workforce Consortium will offer a blueprint for how industries can adapt to an AI-dominated future.
IT leaders should heed the guidance of cybersecurity insurance providers who think businesses should prioritize security education, incident preparedness, regular internal audits, and ongoing vulnerability scanning and patching.
