Saturday, 23 March 2019
BREAKING NEWS

Telco compute and storage infrastructure market to reach US$16.3B

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The market for compute and storage infrastructure for telecommunications providers will reach US$16.3 billion in 2022, as a result of a steady 6.2 per cent annual growth.

According to IDC findings, the shift to software-defined infrastructure is happening at an unprecedented pace, especially in the telecommunications industry as providers convert entire data centres from vertically integrated stacks to software-defined infrastructure.

This is compared to the updated market share for 2017, which was sized at US$10.8 billion by IDC.

“Telecoms are the forefront of the innovation curve,” said Ashish Nadkarni, vice president of infrastructure systems, platforms and technology at IDC.

“The shift to a software-defined infrastructure enables them to focus on innovation, drive operations costs down, and continue to differentiate based on the uniqueness of their products and services.”

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“They are shifting to a single infrastructure platform that supports current and new generation telecom-specific as well as business applications that can run interchangeably in virtual machines, containers, and bare metal,” IDC stated.

“Telecoms have ushered in a model for flexible and scalable consumption of compute, storage, and networking resources.”

TelcostorageIDCcompute

Source: https://www.arnnet.com.au/article/646131/telco-compute-storage-infrastructure-market-reach-us-16-3b/

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