The New Generation Of Storage Vendors

As data volumes continue to explode the global “datasphere”—the total amount of data created, captured, replicated and consumed—is growing at more than 20 percent a year and is forecast to reach approximately 291 zettabytes in 2027, according to market researcher IDC.

Many businesses are deriving huge value from all the data they generate and collect: analyzing it to gain insight about markets and customers, using it to fuel digital transformation initiatives, and even packaging it to create new data products and data-intensive services.

But to do so businesses must effectively store all that data so that it’s secure and easily accessible when needed. In some cases that means maintaining on-premises data storage systems and for others it means shifting data storage to the cloud. Or both.

All this means that data storage technologies (including backup and disaster recovery) present a major opportunity for solution providers. As part of CRN’s Stellar Startups for 2023, here are five storage technology startups, founded in 2017 or later, that solution providers should be aware of.