|[February 22, 2013]
Research and Markets: Global Storage Resource Management Market 2012-2016 Report Reveals How the Increase in Operational Cost Is Inhibiting the Growth of the Global SRM Market
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/q39nlp/global_storage)
has announced the addition of the "Global
Storage Resource Management Market 2012-2016" report to their
TechNavio's analysts forecast the Global Storage Resource Management
market to grow at a CAGR of 6.32 percent over the period 2012-2016. One
of the key factors contributing to this market growth is the increase in
volume of enterprise data. The Global Storage Resource Management market
has also been witnessing the availability of cloud storage solutions.
However, the increase in operational cost could pose a challenge to the
growth of this market.
The key vendors dominating this market space are EMC (News - Alert) Corp.,
Hewlett-Packard Co., IBM Corp., and NetApp Inc.
The other vendors mentioned in the report are Symantec Corp., Hitachi
Ltd., SolarWinds Inc., Cisco Systems Inc., Aptare Inc., Virtual
Instruments Corp., Storage Fusion Ltd., Brocade (News - Alert) Communications Systems
Inc., and CA Technologies Inc.
Commenting on the report, an analyst from TechNavio's Enterprise
Computing team said: Many companies are facing the challenge of
effectively managing their data growth while keeping their costs down.
The availability of the cloud-based storage resource management (SRM)
model helps companies overcome this challenge. Generally, the cloud
comprises various scalable technologies, servers, controllers, and
software, which will be combined to form a cloud of storage. With this
model, it is easy to acquire data from various sites that are
geographically discrete, arrange them into the rational partitions of
storage, and replicate these partitions. After the replication, the
combined storage can be firmly offered to each group through a global
platform that is accessible over the network. Since the pricing of this
model is on a subscription basis, many companies, especially small and
medium-sized enterprises (SMEs), find that this is a cost-effective
model for managing their data storage requirements.''
For more information visit http://www.researchandmarkets.com/research/q39nlp/global_storage
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