EDITORIAL
MEA Storage Market Slow But Strong
S A N J AY M O H A PAT R A S A N J AY @ A C C E N T I N F O M E D I A . C O M
The enterprise storage market is getting sluggish and showing a slow growth rate in the region. Even we have also witnessed slum in the market since the beginning of this year. This is not coming as surprise since storage is a large spender for any IT environment and customers are looking at consolidation and cutting of costs associated with storage According to the report from IDC, The Middle East and Africa (MEA) external storage market may have suffered a marginal 2% year-on-year decline in revenue during the first quarter of 2014, but the downturn can be attributed to an annual quirk in the market according to International Data Corporation (IDC). Referencing its ‘EMEA Quarterly Disk Storage Systems Tracker’, the global research and advisory services firm today announced that external storage revenue in MEA contracted to $229 million in Q1 2014, but referred to the decline as a “typical slump before the surge.” Terabyte capacity, meanwhile, was up 38% over the same period. In this issue, we have tried to bring out some facts about enterprise storage trends in the MEA market. In order to justify our argument we have incorporated the viewpoints of the vendors as well as the distributors. They are of opinion that enterprise storage will grow in the region but the form factor will be cloud or hosted one. And the market will be drive by Big Data & analytics. It looks like yesterday that we started our operations in UAE but it has already been one year. We have achieved many mile stones in this year. We have brought out supplements addressing various technology evolution of the market including Big Data, Security, eGovernance, etc. Now completing the year, in the month of August, we are bringing out our 1st anniversary issue, which will have description of our observation in the MEA market. Plus, we would also like to bring out an analysis of the top performing companies in the region in various solutions category. In all of our efforts the market has been quite supportive to us so far and I am expecting the same support for the months to come. ë
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