The headline of the latest IDC storage report says a lot:
Weak High-End Demand Results in Worldwide External Disk Storage Systems Revenue Falling at Rates Not Seen Since 2009, According to IDC
A tweet from Dave Reinsel, a Group VP at tech analyst firm IDC was even more evocative:
Three years pass and twice as much capacity is shipped at the same revenue. This is not just Kryder’s Law of disk density at work, this is an inflection point in the type of storage being purchased.