IDC predicts ascendency of software-based storage solutions

08/8/2013 | eWeek

The rapid growth in data is increasing demand for advanced storage technology and is expected to drive sales of file- and object-based storage solutions, also known as FOBS. IDC estimates that revenues from software-based FOBS storage systems will reach $38 billion in four years, up from $23 billion this year. "The future of storage is software based," IDC Storage Systems' Ashish Nadkarni said. "FOBS solutions are much more versatile and will quickly outpace more rigid, hardware-based options."

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