CAGR of 18% for 2019-2024
"Despite the dramatic decline in worldwide IT spending brought on by the Covid-19 pandemic, International Data Corporation expects the Global StorageSphere - the worldwide installed base of storage capacity - will continue to expand.
In a new update to its Worldwide Global StorageSphere Forecast, 2020-2024: Continuing to Store More in the Core ($4,500) forecast, IDC estimates that the installed base of storage capacity worldwide will grow to 6.8ZB this year, an increase of 16.6% over 2019. Over the course of the 2019-2024 forecast, it expects the installed base of storage capacity to achieve a CAGR of 17.8%..."
Hard drive makers are all bullish about reliability. The best way to test reliability is to have tens of thousands of drives in operations and see which ones let you down
"A question I get asked a lot is, "which is the best hard drive to buy?" It's a tough question to answer because unless you have tens of thousands of drives spinning, you end up relying on what the manufacturers say, or personal experience drawn from limited sample set (anecdata).
But there is a company that has tens of thousands of drives in operation, and who keeps a close eye on failure rates. That company is cloud backup firm Backblaze...."
The storage industry continues to see development and evolution, with new solutions appearing on the market each yea
"One trend I've noticed is the move away from the use of the term 'object store' and towards platforms being described as 'unstructured data stores'. Is there any merit in this rebranding and could the 'legacy' object store name now have negative connotations?
Unstructured Data Management
Although they manage similar content, object stores and file servers have grown from different roots. File services developed from the desire to share files across a network. NFS came from work done at Sun Microsystems in the mid-1980s and SMB/CIFS from Microsoft. Arguably, both NFS and SMB focus on the sharing aspect of data, rather than the need for scale-out capabilities. Adding scalability (including geo-scalability) has proved to be one of the significant challenges for file storage platforms..."
1.07%, lowest percentage for any quarter since 2013
Backblaze Hard Drive Stats Q1 2020
"As of March 31, 2020, Backblaze had 132,339 spinning hard drives in our cloud storage ecosystem spread across four data centers. Of that number, there were 2,380 boot drives and 129,959 data drives. This review looks at the Q1 2020 and lifetime hard drive failure rates of the data drive models currently in operation in our data centers and provides a handful of insights and observations along the way. In addition, near the end of the post, we review a few 2019 predictions we posed a year ago. As always, we look forward to your comments..."
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