Worldwide external disk storage systems factory revenues fell 13.6 per cent year-on-year to USD $4.2 billion in the first quarter of 2009 (1Q09), according to IDC.
For the quarter, the total disk storage systems market declined to USD $5.6 billion in revenues, an 18.2 per cent decline from the prior year’s first quarter.
Despite the global economic downturn it appears the US storage sector will continue to remain as busy as ever.
The need to store increasing volumes of digital files – and to provide continuous access to them – seems to be keeping the industry buzzing with activity, writes Vanitha Vaidialingam for storage-biz.news.
The struggling economy will slow the growth of VoIP, but deployments remain wide-ranging at mitigated levels.
So says In-Stat in a report that also found just over a third of US businesses that have deployed VoIP use it exclusively.
The UK’s mobile content and services market could be in for tough times if research from mobile research and analyst house Direct2 Mobile bears out.
Its survey found that over 7 per cent of consumers have stopped, or intend to stop, their spend on content and services until better economic conditions emerge.
Global economic problems will cause a slowdown in spending in the IP contact center (IPCC) market in 2009, according to Infonetics Research.
The communications market research firm reports that while the overall Unified Communications and IPCC markets will experience a downturn, the IPCC and communicator segments will weather the economic downturn better than others.
Western Digital is to cut 2,500 jobs, or about 5 per cent of its global work force, and will reduce executive pay as a result of the global economic situation.
Citing weakening demand for its products, the hard drive maker the company now expects fiscal second-quarter sales of USD $1.7 billion to $1.8 billion, with a "consequent reduction in operating results."
A third of videoconferencing managers report that the economic crisis is likely to lead to an accelerated deployment of equipment rather than a slowdown.
A survey from Wainhouse Research reports that customers are continuing to invest in "visual collaboration solutions", even in the current economic climate.
It says the two largest drivers for this are travel reduction and improved decision making.