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Disk failure rates in datacenters are falling, says Backblaze

2 May 2024 at 15:39
Cloud storage and data backup firm Backblaze has published the latest annual failure rates (AFRs) of the disk drives it uses to supply services to customers in its datacenters. As of the end of Q1 2024, Backblaze was monitoring 279,572 drives in its cloud storage servers, located around the world.Β  In this group the company […]

Seagate pushes back against SSD dominance claims

1 May 2024 at 18:54
HDD maker Seagate wants us to understand three truths about the myth of SSDs replacing disk drives: SSD prices will not match spinning disk prices, SSD fab capacity won’t match HDD fab capacity, and SSDs are a bad fit for nearline disk workloads. The points are made in Seagate presentation deck that is effectively a […]

A guide: The β€˜best’ storage devices for the main applications

30 April 2024 at 13:45
A recently published guide has listed what it says are the best storage devices for multiple uses. The guide, from the SecureData Recovery blog, is written by T.J. Burlee, a content writer for the SecureData Recovery services company headquartered in the US. SecureData has labs located across the US, Canada, the UK, and Australia to […]

WD CEO: β€˜Clearly, HDD plays a big role in the AI storage life cycle’

26 April 2024 at 10:22
Western Digital’s third quarter results were boosted by a strong rise in disk revenues along with increased demand for SSDs. Its revenue slump is ending. Earnings in its third fy2025 quarter rose 29 percent year-on-year to $3.46 billion, beating its $3.3 billion outlook, and it made a $135 million profit, after five consecutive loss-making quarters. […]

Storage news ticker – 25 April 2024

25 April 2024 at 15:05
Data connector company CData Software has appointed of Adam DeMichele as its CRO, Marie Forshaw as SVP of Product Marketing and Arielle Daigle as VP of Growth & Demand Generation. Amit Sharma, CData co-founder and CEO, said: β€œOur newest GTM executives come with proven track records of delivering customer growth and customer success initiatives at […]

SSD & HDD Prices Could Skyrocket As Seagate & Western Digital Highlight Increased Demand

22 April 2024 at 16:40

SSD & HDD Prices Could Skyrocket As Seagate & Western Digital Highlight Increased Demand 1

SSD & HDD prices are expected to skyrocket, with two big manufacturers, Western Digital, and Seagate, anticipating increased demand. SSD & HDD Prices To Only Go Higher From Here Now's The Best Time To Get One Before You Buy At The Top We have consistently reported on the uptrend in SSD prices in the past, which is associated with simply how the markets are trying to recover their lost profits due to adverse financial growth for the past consecutive quarters. With COVID-19 coming into effect, followed by weakened consumer demand, companies saw massive inventory levels, and corrections required selling at […]

Read full article at https://wccftech.com/ssd-hdd-prices-skyrocket-seagate-western-digital-increased-demand/

Kioxia plans IPO to tackle $5.8B debt amid industry shakeups

17 April 2024 at 11:19
NAND and SSD manufacturer Kioxia is preparing an IPO to recapitalize itself as payment of a Β₯900 billion ($5.8 billion) loan is due in June. The company is 56.24 percent owned by a Bain Capital-led private equity consortium and 40.64 percent owned by Toshiba. The Bain consortium bought its stake from Toshiba in 2017 for […]
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