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A recent global study conducted by Recon Analytics and commissioned by Seagate Technology highlights how the adoption of artificial intelligence (AI)-based applications is generating unprecedented data volumes. This projected increase in data is driving massive demand for storage, particularly in the cloud, where hard drives play a crucial role.
Exponential Growth of Cloud Storage
The report reveals that 61% of surveyed business leaders across 15 industrial sectors and 10 countries expect their organizations’ cloud-based storage to increase by more than 100% in the next three years. This growth will be largely driven by data generated by AI applications, which require massive, scalable, and cost-effective storage capabilities.
According to recent estimates from IDC, 89% of the data stored by major cloud service providers resides on hard drives, highlighting their key role in managing large data volumes.
“The survey results point to an imminent explosion in storage demand, with hard drives being the preferred solution,” commented Roger Entner, founder of Recon Analytics. “Cloud services are well positioned to capitalize on a second wave of growth, thanks to AI.”
Key Findings from the Report
- AI Adoption: 72% of surveyed organizations are already using artificial intelligence technologies.
- Storage as a Priority: Storage ranks as the second most important component in AI infrastructures, just behind security.
- Long-term Data Retention: 90% of companies adopting AI believe that retaining data for longer periods improves the quality of AI outcomes.
- Reliable AI and Storage: 88% of respondents believe that ensuring reliable AI requires storing more data for extended periods.
Impact on AI Adoption and Storage
The study also emphasizes that prolonged data retention is essential for accurately training AI models, ensuring integrity and reliable outcomes. This is key to sustaining AI innovation and achieving widespread adoption.
“Reliable AI is the key element for its widespread adoption,” stated BS Teh, Chief Commercial Officer of Seagate. “We are focused on area density innovations that will enable us to double the storage capacity per platter in our HAMR-based hard drives.”
Towards the Future of Mass Storage
Seagate is leading the way in storage solutions for the era of massive data. With a clear projection to increase capacity per platter in the coming years, the company positions itself as a key partner for businesses looking to leverage AI without compromising data integrity.
Seagate Technology continues to be a leader in large-scale storage, having delivered over 4.5 billion terabytes in the last four decades. This leadership reaffirms its commitment to providing innovative and sustainable solutions for a data-driven world.
For more information, visit Recon Analytics.