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.

Page out of 155

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155

TableofContents
DemandforElectronicDataStorage
Thecontinuedadvancementofthecloud,theproliferationofavarietyofmobiledevicesglobally,developmentoftheInternetofThings("IoT"),increasingly
pervasiveuseofvideosurveillance,evolutionofconsumerelectronicdevices,andenterpriseuseofbigdataanalyticsaredrivingthegrowthofdigitalcontent.
Factorscontributingtothisgrowthinclude:
Creation,sharing,andconsumptionofmedia-richdigitalcontent,suchashigh-resolutionphotos,highdefinitionvideo,anddigitalmusicthrough
smartphones,tablets,digitalcameras,personalvideocameras,DVRs,gamingconsolesorotherdigitaldevices;
Creation,aggregationanddistributionofdigitalcontentthroughservicesandotherofferingssuchasFacebook®,Instagram®,iTunes®,Netflix®,
Google®andYouTube®;
Newsurveillancesystemswhichfeaturehigherresolutiondigitalcamerasandthusrequirelargerdatastoragecapacities;
CreationandcollectionofdatathroughtheevolutionoftheIoTecosystem,bigdataanalyticsandnewtechnologytrendssuchasself-drivingcars
anddrones;
Buildoutoflargenumbersofclouddatacentersbycloudserviceprovidersandprivatecompaniestransitioningon-sitedatacentersintothecloud;
Protectionofincreaseddigitalcontentthroughredundantstorageonbackupdevicesandexternallyprovidedstorageservices.
Asaresultofthesefactors,thenatureandvolumeofcontentbeingcreatedrequiresgreaterstorage,whichismoreefficientlyandeconomicallyfacilitatedby
highercapacitystoragedevicesinordertostore,manage,distribute,analyzeandbackupsuchcontent.Weexpectthistosupportthegrowthindemandfor
electronicdatastoragesolutionsindevelopedandemergingeconomieswellintothefuture.
Theamountofdatacreatedaswellaswhereandhowdataisstoredcontinuestoevolvewiththeproliferationofmobiledevices,thegrowthofcloud
computing,andtheevolvingIoT.Inaddition,theeconomicsofstorageinfrastructurearealsoevolvingwiththeutilizationofpublicandprivatehyper-scalestorage
andopen-sourcesolutionsreducingthetotalcostofownershipofstoragewhileincreasingthespeedandefficiencywithwhichcustomerscanleveragemassive
computingandstoragedevices.Accordingly,weexpectthesetrendswillcontinuetocreatesignificantdemandforelectronicdatastoragesolutionsgoingforward.
DemandTrendsforDiskDrives
Webelievethatcontinuedgrowthindigitalcontentrequiresincreasinglyhigherstoragecapacityinordertostore,aggregate,host,distribute,analyze,manage,
backupandusesuchcontent.Wealsobelievethatasarchitecturesevolvetoservethegrowingcommercialandconsumeruserbasethroughouttheworld,the
mannerwhichharddrivesaredeliveredtomarketandutilizedbyourcustomerswillevolveaswell.
Webelievethatintheforeseeablefuturethetraditionalenterpriseandclientcomputemarketsthatrequirehighcapacitystoragesolutions,andthedata
intensiveclientnon-computemarketswillcontinuetobebestservedbyharddiskdrivesduetotheindustry'sabilitytodeliverthemostcosteffective,reliableand
energyefficientmassstoragedevices.Furthermore,theincreaseduseofclientnon-computedevicesthatbothconsumemedia-richdigitalcontentstreamedfrom
thecloudandcreaterichdigitalcontentthatisstoredinthecloud,increasesthedemandforhighcapacityharddiskdrivesinenterpriseNearlineapplications.
7