Shulou(Shulou.com)11/24 Report--

A few days ago, authoritative research institution IDC released the latest "Quarterly tracking report on China's Enterprise external Storage Market". The data show that China's enterprise storage market stabilized in the first half of the year, with sales up 0.7% year-on-year to $2.6 billion, shipping 100452 sets and reaching 10.1EB capacity. Among them, the market share of tide information sales is 11.02%, and the market share of shipments is 12.45%, both of which have jumped to the top two in China, further demonstrating the strong market competitiveness and the high recognition of customers.

Digital Transformation + AIGC drives the sustained growth of China's Storage Market

As the world's second largest storage market, the global share of China's enterprise storage market rose to 17.4%. The shipping capacity of the dome 2023H1 reached 10.1EB, and sales rose 0.7% year-on-year to $2.6 billion. The huge size and great potential of China's digital economy are the core driving force supporting the steady growth of China's enterprise storage market this year. In this context, the explosive growth of data and the diversification of data storage requirements of major business scenarios directly bring challenges such as agility and cost. Enterprises are eager to achieve cost-effective optimization through new technologies and new products.

At the same time, the rise of generative AI applications has injected strong catalysts into the market. IDC predicts that the global market for generative AI storage will grow from $230 million in 2022 to $2.18 billion in 2026, and the share of generative AI storage in the overall AI storage market will grow from 5.7% to 30.5%. The huge demand for performance and capacity of generative AI is accelerating the popularization and application of new technologies such as converged architecture, all-flash memory, CXL, QLC and so on.

Tide information leads the new data era

The scenarios of data collection, labeling, training, reasoning and archiving involved in generative AI bring new requirements for data infrastructure in heterogeneous data fusion, persistent low latency and high bandwidth, and EB-level mass storage. Tide Information is the first in the industry to release a generative AI storage solution, which has the capabilities of extreme fusion, extreme performance and extreme energy saving, and manages the whole life cycle of hot, warm and cold data through four levels of hot, warm and cold data. Help to generate AI applications in a variety of industries to the ground.

As the world's leading provider of data storage product solutions, Wave Information continues to make breakthroughs in the enterprise storage market, especially in all-flash, distributed and other high-value product segments that represent future storage trends. Tide Information performed particularly well, especially in the all-flash storage field, where shipments increased by 69.77% year-on-year, far exceeding the average growth rate of the market.

At present, wave information storage has been widely deployed in six major banks, TOP3 insurance securities company, petroleum and petrochemical industry, C9 universities, TOP10 hospital and other major customers, supporting the enterprise's core database, generative AI, cloud platform, big data and other scenario applications. In the future, tide information will continue to increase technological innovation and investment, help thousands of industries to build a safe, reliable, economical and efficient data infrastructure, release the value of data elements, and accelerate digital transformation.

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