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Storage management a growing business

The market for storage-management software will nearly triple by 2005, analyst firm Aberdeen Group said Monday. The market should grow to $21.2 billion from 2001's estimated $7.9 billion, the report said. The growth has been pushed in part by the need to cut costs by squeezing more out of existing storage systems, a job that software can help accomplish. The market is growing faster than Aberdeen expected just a few months ago, analyst David Hill said in a statement.

Stephen Shankland Former Principal Writer
Stephen Shankland worked at CNET from 1998 to 2024 and wrote about processors, digital photography, AI, quantum computing, computer science, materials science, supercomputers, drones, browsers, 3D printing, USB, and new computing technology in general. He has a soft spot in his heart for standards groups and I/O interfaces. His first big scoop was about radioactive cat poop.
Expertise Processors, semiconductors, web browsers, quantum computing, supercomputers, AI, 3D printing, drones, computer science, physics, programming, materials science, USB, UWB, Android, digital photography, science. Credentials
  • Shankland covered the tech industry for more than 25 years and was a science writer for five years before that. He has deep expertise in microprocessors, digital photography, computer hardware and software, internet standards, web technology, and more.
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Stephen Shankland
The market for storage-management software will nearly triple by 2005, analyst firm Aberdeen Group said Monday. The market should grow to $21.2 billion from 2001's estimated $7.9 billion, the report said.

The growth has been pushed in part by the need to cut costs by squeezing more out of existing storage systems, a job that software can help accomplish. The market is growing faster than Aberdeen expected just a few months ago, analyst David Hill said in a statement.