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New IDTechEx Report Examines How QLC SSDs Are Disrupting the HDD Storage Market [Yahoo! Finance]
Last western digital corporation earnings: 4/30 04:01 pm
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US:NASDAQ Investor Relations: investor.wdc.com
The new report from market intelligence firm IDTechEx, " Emerging Memory and Storage Technology 2025-2035: Markets, Trends, Forecasts ", provides an in-depth analysis of the evolving storage landscape and its impact on cost, efficiency, and scalability. A 2022 Seagate study found that some organizations dedicate up to a third of their IT budget to storage, with 90% concerned about rising costs. With inflation, energy prices, and compute-heavy workloads further driving up cloud expenses, businesses are rethinking their approach to storage. Ethan Phillips , IDTechEx Technology Analyst and one of the authors of the report, explains: "Historically, Hard Disk Drives (HDDs) have dominated large-scale storage, offering low-cost, high-capacity solutions for cold and archival data. However, rising energy costs and the demand for better performance have positioned QLC (Quad-Level Cell) Solid State Drives (SSDs) as a serious alternative, especially for read-intensive workloads. With superior p
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