2020 Trend: Cloud Services Will Move to the Data Assets

“Instead of moving data to the public cloud, the cloud experience will move the cloud to the data. Just as the need for enterprise-style engagement models creates opportunities for incumbent technology companies, so too does the movement of the cloud experience into the core and out to the edge.”

via Wikibon Research

Digital Asset Management Market to Reach $6.3 Billion

The global digital asset management market, which was valued at $1.7 billion in 2016, will reach a CAGR of 15.6% from 2017 to 2025 and account for $6.3 billion by 2025. North America will hold the largest market share during the forecast period.

via Transparency Market Research

IT Hourly Downtime Costs Rise Again in 2019

“A single hour of downtime now costs 98% of firms at least $100,000. And 86% of businesses say that the cost for one hour of downtime is $300,000 or higher.”

via ITIC

Hybrid Multi-Cloud Computing Investment Trends

As more enterprise CIOs and CTOs embrace hybrid multi-cloud deployment strategies, business technology vendors and cloud service providers must continue to evolve their go-to-market approach — in recognition of the prevailing IT infrastructure investment trends.

via Digital Lifescapes

Transforming IT Infrastructure with Agile DevOps

Using an agile transformation to modernize an IT infrastructure organization isn’t easy, but it is worthwhile. Agile approaches can enable IT infrastructure groups to boost their productivity by 25 to 30 percent in six to 18 months, depending on the size of the organization.

via McKinsey

Worldwide IT Storage Systems Revenue Grew 21.3%

IT vendor revenue in the worldwide enterprise storage systems market increased 21.3 percent year-over-year to $13.2 billion during the second quarter of 2018. Total capacity shipments were up 70.7 percent year-over-year to 111.8 exabytes during the quarter.

via IDC

Cloud IT Infrastructure Market to Reach $52.3 Billion in 2018

Cloud service adoption continues to grow, as traditional IT vendors react to market demand. Total spending on IT infrastructure products for deployment in cloud environments is forecast to reach $52.3 billion in 2018 — that’s year-over-year growth of 10.9 percent, according to the latest worldwide market study by IDC.

via Digital Lifescapes

IT Integrated Systems Revenue will Reach $12.3 Billion

More CIOs and CTOs are seeking to gain benefits of a simplified and more manageable IT infrastructure for their organizations. As a result, worldwide integrated systems revenue is forecast to total $12.3 billion in 2018 — that’s an increase of 18.4 percent from 2017, according to Gartner.

via Digital Lifescapes

Flexible Storage Solutions for a Hybrid IT Environment

Your transaction data is a valuable corporate asset. Savvy leaders know that in today’s data-driven world, your organization must be able to fully utilize all meaningful data. To succeed, IT capabilities should help you unlock the inherent value of your data and thereby gain a market advantage.

Source: In the Making

Software-Defined Storage: How to Get Started

If you’re currently considering the merits of an SDS solution, you’re not alone. More CIOs and CTOs are embracing this storage technology for several important reasons.

Source: IBM Systems