The New Generation Of Data Storage Companies
One might consider data storage a pretty uncomplicated technology compared with, say, virtualization, 5G networks or AI development.
But market researcher IDC says the total amount of data created and replicated worldwide in 2020 reached 64.2 zettabytes—a number that’s expected to grow at a 23 percent CAGR through 2025. Even more challenging for businesses and organizations, all that data is often scattered across on-premises, hybrid cloud and multi-cloud environments.
All that makes storing, managing and protecting data an increasingly complex chore. And it’s driving demand for next-generation technologies and services in data storage, management, protection, and backup/recovery.
As part of CRN’s Emerging Vendors for 2021, here are five hot data storage startups, founded in 2015 or later, that solution providers should be aware of.