Cloud storage has altered the way we live, work, and play. Gartner forecasts that in 2015, we will see a continued surge in demand for cloud-connected technologies (software and hardware), cloud operations and managed services. The storage industry will continue to evolve as both consumers and businesses create, share, access, and consume data on-the-move. We spoke to Rex Dong, Seagate's Managing Director Asia Sales & Marketing Seagate Technology, to learn how the upward demand for cloud will be impacting the company next year.
What's your view of the overall IT market in 2014 and what do you foresee to be the big business trends for 2015?
Mobility and cloud have continued to be key drivers of the IT industry in 2014 and we see these trends continuing to shape the way both consumers and businesses create, access, and share information in the coming year.
Gartner predicted that by 2014, eight out of 10 compute devices will be tablets and smartphones. Today, the number of mobile-connected devices has exceeded the world's population. This means that more people are creating, uploading, downloading and sharing information on-the-go. This phenomenon would not be possible without cloud technology and services. 2015 will see a continued surge in demand for both cloud-connected technology (software and hardware), and cloud operations and managed services.
At Seagate, we are heavily invested in developing cloud storage systems and solutions that will deliver an Intelligent Information Infrastructure to help organisations manage the massive growth in digital data and deliver on evolving workloads. We are also focused on developing cloud-based backup services that cover a broad range of platforms and can be deployed in multiple form factors. This ensures that mission-critical data remains safe and secure, enabling our customers to keep their businesses running without worrying about their data.
What sort of business growth do you expect next year?
The storage industry is evolving and we continue to see robust demand for storage, which gives us the opportunity to continue to build on our core business. Cloud and mobility will continue to drive change in data consumption patterns and create new demands from consumers and businesses. This will allow us to engage with new customers and in turn define and develop new technologies and solutions to address market needs. Last but not least, our accessibility to new open source tools will pave the way for us to create solutions for new challenges and markets.
What do you think are the key growth areas for Seagate in Singapore?
We see great market opportunities lie ahead of us for us to continue to grow. Data consumption and creation, along with the increase in global internet connectivity, continue to drive petabyte growth at rates that are significantly greater than the areal density growth rate. At the same time, emerging cloud economics and technology needs are disrupting traditional IT adoption and management. This is creating new opportunities for Seagate. We can help design architectures that leverage the latest advances in HDD, Flash and software with no compromises.
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