Seagate 2015 Annual Report Download - page 10
Download and view the complete annual report
Please find page 10 of the 2015 Seagate annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.TableofContents
DemandforElectronicDataStorage
Thecontinuedadvancementofthecloud,theproliferationofavarietyofmobiledevicesglobally,developmentoftheInternetofThings("IoT"),increasingly
pervasiveuseofvideosurveillance,evolutionofconsumerelectronicdevices,andenterpriseuseofbigdataanalyticsaredrivingthegrowthofdigitalcontent.
Factorscontributingtothisgrowthinclude:
•Creation,sharing,andconsumptionofmedia-richdigitalcontent,suchashigh-resolutionphotos,highdefinitionvideo,anddigitalmusicthrough
smartphones,tablets,digitalcameras,personalvideocameras,DVRs,gamingconsolesorotherdigitaldevices;
•Creation,aggregationanddistributionofdigitalcontentthroughservicesandotherofferingssuchasFacebook®,Instagram®,iTunes®,Netflix®,
Google®andYouTube®;
•Newsurveillancesystemswhichfeaturehigherresolutiondigitalcamerasandthusrequirelargerdatastoragecapacities;
•CreationandcollectionofdatathroughtheevolutionoftheIoTecosystem,bigdataanalyticsandnewtechnologytrendssuchasself-drivingcars
anddrones;
•Buildoutoflargenumbersofclouddatacentersbycloudserviceprovidersandprivatecompaniestransitioningon-sitedatacentersintothecloud;
•Protectionofincreaseddigitalcontentthroughredundantstorageonbackupdevicesandexternallyprovidedstorageservices.
Asaresultofthesefactors,thenatureandvolumeofcontentbeingcreatedrequiresgreaterstorage,whichismoreefficientlyandeconomicallyfacilitatedby
highercapacitystoragedevicesinordertostore,manage,distribute,analyzeandbackupsuchcontent.Weexpectthistosupportthegrowthindemandfor
electronicdatastoragesolutionsindevelopedandemergingeconomieswellintothefuture.
Theamountofdatacreatedaswellaswhereandhowdataisstoredcontinuestoevolvewiththeproliferationofmobiledevices,thegrowthofcloud
computing,andtheevolvingIoT.Inaddition,theeconomicsofstorageinfrastructurearealsoevolvingwiththeutilizationofpublicandprivatehyper-scalestorage
andopen-sourcesolutionsreducingthetotalcostofownershipofstoragewhileincreasingthespeedandefficiencywithwhichcustomerscanleveragemassive
computingandstoragedevices.Accordingly,weexpectthesetrendswillcontinuetocreatesignificantdemandforelectronicdatastoragesolutionsgoingforward.
DemandTrendsforDiskDrives
Webelievethatcontinuedgrowthindigitalcontentrequiresincreasinglyhigherstoragecapacityinordertostore,aggregate,host,distribute,analyze,manage,
backupandusesuchcontent.Wealsobelievethatasarchitecturesevolvetoservethegrowingcommercialandconsumeruserbasethroughouttheworld,the
mannerwhichharddrivesaredeliveredtomarketandutilizedbyourcustomerswillevolveaswell.
Webelievethatintheforeseeablefuturethetraditionalenterpriseandclientcomputemarketsthatrequirehighcapacitystoragesolutions,andthedata
intensiveclientnon-computemarketswillcontinuetobebestservedbyharddiskdrivesduetotheindustry'sabilitytodeliverthemostcosteffective,reliableand
energyefficientmassstoragedevices.Furthermore,theincreaseduseofclientnon-computedevicesthatbothconsumemedia-richdigitalcontentstreamedfrom
thecloudandcreaterichdigitalcontentthatisstoredinthecloud,increasesthedemandforhighcapacityharddiskdrivesinenterpriseNearlineapplications.
7