Five ways the stimulus package will help storage

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The economic stimulus plan working its way through Congress recalls the New Deal in some ways, but the results will be felt in many industries that weren’t even a glimmer in Roosevelt’s eye.  Like storage.

How the stimulus package will stimulate storage consumption:

  1. Healthcare digitization – dramatic increase in digital records created and archived
  2. Public & private sector construction – “smart” sensor data recording & analysis will drive surprisingly large IT investments.
  3. Broadband investment – fatter pipes mean more data to store
  4. Direct IT investments – government modernization, like a $400 million computer for the Social Security Administration.
  5. Direct storage purchases by stimulated consumers – home storage is becoming a mainstream consumer electronics category.

IDC says smart technology will drive an infrastructure management industry worth $122 billion by 2012

Most importantly, these storage stimuli are annuitized – they create steady state data creation that keeps giving year after year.

Storage is creeping into every important and productive investment in our society.  It should be no surprise that stimulating our economy gooses the storage industry.

2009-02-11T05:53:43+00:00

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