Dell-EMC launched New Range of Data Storage Products
India:
Dell-EMC, a
part of Dell Technologies, has introduced VMAX
250F, a flash storage system meant to be implemented in the enterprises. In
addition, the company also unveiled its integrated file tiering for the public
cloud along with intelligent analytics by the means of its new Cloud IQ, a
cloud-based storage analytics platform.
Moreover, the company
announced that ‘XtremIO’, an All-Flash Array (AFA) which covered a larger
customer base and generates huge revenue, in the present year, since its
deployment in 2013. Furthermore, pertaining to the “All Flash Week”, the
company announced the updates and plans for the Unity Family of Storage for the
modern data centers.
TechSci Research depicts that with the enormous
amount of data both structured and unstructured generated by an enterprise,
along with rising inclination towards big data analytics is leading to the
widespread use of the data storage products. Moreover, the increasing development
of data centers coupled with the use of flash technology would help in
enhancing the overall speed & performance of the storage devices.
According to the recent
report published by TechSci Research, “India
Data Storage Market By Type (External Drives and
Cloud Storage), By Application (Storage, Back-Up and Disaster Recovery, Data
Analytics), By End Use (BFSI, IT and Telecom, Government, etc.), Competition
Forecast and Opportunities, 2011 – 2021”, data storage market in the country is
projected to grow at a CAGR of over 7% during 2016-2021. South India dominated
India data storage market in 2015, and is anticipated to continue its dominance
during the forecast period, owing to rising number of IT companies in various
cities in the region. Furthermore, BFSI sector was the highest demand generator
for data storage in India in 2015, owing to large volumes of data being
generated, coupled with growing security concerns in banks and other financial
institutions.