10 hot storage companies to watch
Innovations such as software-Defined Storage (SDS), hyper-converged infrastructures (HCI), and blockchain have investors flocking to enterprise storage startups, and this market shows no signs of slowing down.Collectively, the 10 startups featured in this roundup have raised more than $736 million in VC funding. This total is even more impressive when you factor in two startups not included in that calculation. One of them is entirely self-funded, while the other has a unique business model and an equally unique source of non-VC funding: an ICO, or Initial Coin Offering.[ Don’t miss customer reviews of top remote access tools and see the most powerful internet of things companies . | Get weekly insights by signing up for our CIO Leader newsletter. ] According to research firm IDC, the worldwide enterprise storage market expanded by 13.7 percent year-over-year to just under $13.6 billion in the fourth quarter of 2017. Other research firms believe the growth rate will accelerate in the near term. Research and Markets, for instance, predicts that one fast-growing segment of the overall enterprise storage market, cloud storage, will expand to become a $92.5 billion market by 2022.To read this article in full, please click here
At the Open Networking Summit, AT&T said DANOS was critical to the company as it deploys 60,000 white boxes and transforms its network to deal with the onslaught of traffic and the advent of 5G.