Nordic Companies are Moving Fast Towards New Storage Technologies

Scandinavia

IDC: The Nordic market for storage solutions is quite mature. The market for disk, tape, and storage software only grew by 5% to reach a total value of €744 million in 2004. While this growth is moderate, a number of new technologies grew significantly faster, indicating a strong change in the way storage is deployed by Nordic companies. Some of the areas showing significant growth in 2004 were storage area networks (SAN), network attached storage (NAS), iSCSI storage, tape automation, and storage resource management software. Growth in these areas was generally in the region of 10% to 20% last year.

Nordic Storage Products

	Year
	2003	2004	2005	2006	2007	2008	2009
Value (€M)	709	744	778	802	819	836	853
Source: IDC, 2005

The growth of information that needs to be stored and managed is an ongoing challenge for most organizations. Disk storage systems are the foundation of organizations' critical data. Consequently, investment in a network storage infrastructure supported by suitable storage software and storage and data management practices is becoming mandatory, and an essential ingredient in a cost-effective and flexible storage solution.

IDC’s Nordic Storage Systems 2004 Vendor Shares and 2005–2009 Publ20050620