Posted on Friday, May 30th, 2008 at 12:31 pm
Is Storage Recession-Proof?
Enterprise Storage
Despite a crippling credit crunch and soaring food and energy prices, the storage market seems to be chugging along.
After six weeks or so of corporate earnings reports, the storage sector appears to be holding up better than other IT segments like the server and PC markets, according to analysts.
“Storage is healthy,” said Jayson Noland, senior analyst for computer hardware and storage at Robert W. Baird & Co. “It seems to be faring better than most categories in our view.”
Part of the reason, he said, is that storage purchases are harder to put off than other IT expenses because of soaring data growth and the need to preserve and protect data because of regulatory compliance and e-discovery requirements.
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