And of course, the sector provided the entire technology sector with one of its largest deals ever just 20 months earlier, when Dell EMC announced its merger. Industry players expect even more deals could come as legacy storage vendors look to keep up with changing technology, trends and IT budgets. A handful of software-defined storage companies, such as Formation Data Systems, Hedvig and Datera, all could be of interest to incumbents. This multi-cloud and hybrid cloud capable storage becomes more attractive as companies’ budgets get constrained, while its data grows exponentially year after year. Even the secondary storage market is seeing disruption, as large enterprises are seeing their needs rapidly expand.

Source: Forbes June 07, 2017 16:30 UTC