Digital transformation has exponentially increased the creation and consumption of data, with IDC estimating that the amount of data generated by endpoints, the edge, and at the core will reach 143 trn GigaByte (GB) by 2024. A direct fallout of this increasing flow of data is growth in demand for dynamic storage solutions that can help consumers and enterprises meet their next-generation needs, says Jaganathan Chelliah, senior director Marketing, India, Middle East & TIA (Turkey, Israel & Africa), Western Digital, in an interview with Sudhir Chowdhary. Excerpts:
What's the size of India's storage industry?
The growing dependence on digital mediums has led to a huge increase in data creation and consumption, boosting demand for smart storage solutions. This is well captured in the numbers for the global storage industry, which is expected to grow at a CAGR of 26% over 2022-2027, as per Expert Market Research. India is also growing exponentially in terms of data creation and consumption. Digitalisation, increased adoption of IoT-connected devices, a hybrid work culture, the e-commerce boom, and Digital India initiatives have acted as catalysts for the growth of the storage industry.
How are you keeping up with the changing demand for storage solutions?
Bu hikaye Financial Express Mumbai dergisinin August 18, 2022 sayısından alınmıştır.
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Bu hikaye Financial Express Mumbai dergisinin August 18, 2022 sayısından alınmıştır.
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