Morton, Executive Vice President and CFO in a discussion about 2Q18. “HDD exabyte shipments for the December quarter were a record 87.5 exabytes, up 28% year over year,” said David H. Seagate has been keeping its focus all HDD and the demand has been there. Is Seagate Technology Stock Worth Buying? Let’s look at two companies with varying approaches to the HDD/SSD issue: Western Digital ( NASDAQ: WDC) and Seagate Technologies ( NASDAQ: STX). Whereas many of them once produced hard disk drives for both consumers and industrial clients, the market is indeed shifting. However, the rise of SSDs are changing things for HDDs manufacturers. “Simply put,” continues Backblaze, “SSDs are not yet in the price range to make their use economical for the benefits they provide, which is the reason why we expect to be using HDDs as our primary storage media for the foreseeable future.” “While SSDs are strong in the first two areas, it’s the third where they are not yet competitive.”īusinesses that have high-capacity storage needs are forced to stick with HDDs, which are significantly cheaper.
“The primary concerns for data centre storage are reliability, storage density, and cost,” explains Backblaze. While it might look like HDDs are going the way of the dinosaur in favor of Solid State Drives (SSDs), that’s mostly in consumer computing.ĭata centers are still very much in the HDD market and they could be for a while to come. Pros and Cons of Hard Disk Drive Manufacturers They store information even when they are not being actively powered. Hard disk drives (HDDs) are behind all of it.
All those devices people love to use, companies that leverage the cloud, people who love to shop online, and the Internet of Things (IoT) generate tons of data – and it all has to go somewhere or be lost to the void.
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