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To: shane forbes who wrote (19014)6/23/1999 9:48:00 AM
From: E. Graphs  Read Replies (1) | Respond to of 25814
 
Data Storage SAN and NAS finally getting some attention

(from a market watch release yesterday)

Demand for data storage growing

Worldwide market seen hitting $12.5 billion by 2003

By Stephanie O'Brien, CBS MarketWatch

NEW YORK (CBS.MW) -- Data storage is likely to dominate hardware budgets in the next several years, a Seagate Technology executive said Tuesday.

>>The market for computer storage hardware is expected to be in the multi-billions in the next several years, Dave Aune, Seagate Technology's (SEG: news, msgs) executive director of storage systems technology, told an audience at PC Expo in New York on Tuesday.

>>Aune said he sees as much as 75 percent of the average hardware budget being set aside for data storage in the next several years. Right now, for each dollar a company spends on data storage hardware, it spends seven dollars to manage it. The goal is to bring that cost way down, Aune told CBS MarketWatch....

>>...In an interview, Aune said worldwide sales of network attached storage hardware is seen hitting as much as $2.5 billion in 2002. Worldwide sales of storage area network hardware is expected to grow to $10 billion in 2003, he said......<<

cbs.marketwatch.com.
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RE: Worth article. So unfair! That other guy was the real jerk, not me. Ironically, I think they used my quote because they could, because I didn't use any vulgarities.