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Enterprise External OEM Storage Systems Market size is set to grow by USD 4.93 billion from 2024-2028, Growing demand for non-volatile memory express-enabled storage solutions boost the market, Technavio

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NEW YORK, June 6, 2024 /PRNewswire/ — The global enterprise external OEM storage systems market size is estimated to grow by USD 4.93 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  2.79%  during the forecast period. Hybrid storage solutions are gaining popularity in the enterprise external OEM storage systems market due to their flexibility and scalability.

These systems combine local and cloud-based storage, enabling businesses to store data locally and in the cloud. Hybrid storage offers the ability to scale storage capacity as needed, with local storage for quick additions or removals and cloud-based storage for handling large data volumes. The combination of local and cloud-based storage also enhances data security. Overall, hybrid storage solutions provide modern businesses with more flexible, scalable, and secure storage options, driving growth in the market. 

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Enterprise External OEM Storage Systems Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 2.79%

Market growth 2024-2028

USD 4937.6 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

2.69

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

APAC at 34%

Key countries

US, UK, China, France, and Japan

Key companies profiled

Commvault Systems Inc., DataDirect Networks Inc., Dell Technologies Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Hitachi Ltd., Huawei Technologies Co. Ltd., International Business Machines Corp., Lenovo Group Ltd., NEC Corp., NetApp Inc., Netgear Inc., Nfina Technologies Inc., Nimbus Data Inc., Oracle Corp., Pure Storage Inc., Seagate Technology Holdings Plc, Toshiba Corp., VIOLIN Systems LLC, and Western Digital Corp.

 

Market Driver

The Enterprise External OEM Storage Systems market is experiencing significant growth due to the increasing demand for data storage solutions. Companies are seeking efficient and cost-effective ways to manage their data, leading to an uptick in the adoption of external OEM storage systems. These systems offer scalability, flexibility, and ease of integration with existing IT infrastructure.

The trend towards cloud-based storage is also driving demand, as many enterprises look to offload their storage needs to third-party providers. Additionally, advancements in data security and compliance features are making external OEM storage systems an attractive option for businesses looking to protect their data. Overall, the market for Enterprise External OEM Storage Systems is poised for continued growth in the coming years. 

Research report provides comprehensive data on impact of trend, driver and challenges – Request a sample report!

Market Challenges

The data center construction industry faces significant challenges, including high capital investments, pressure to meet timelines, and delays due to various factors such as government inaction, public opposition, financing issues, weather conditions, and labor disruptions.These delays can impact the sales of enterprise external OEM storage systems, as the demand for IT infrastructure to support data traffic growth continues to rise due to the adoption of next-generation technologies like AI, IoT, and 5G. SMEs, in particular, struggle to scale up their data center capacity due to capital constraints, which may negatively impact the enterprise external OEM storage systems market during the forecast period.The Enterprise External OEM Storage Systems market faces several challenges. One major challenge is the increasing data volume and complexity, requiring more storage capacity and advanced features. Another challenge is the need for interoperability and compatibility with various systems and applications.Security is also a significant concern, with the requirement for robust data protection and encryption. Additionally, cost efficiency and scalability are essential factors, as businesses seek to optimize their storage investments. Lastly, keeping up with technology advancements and ensuring seamless integration with new technologies can be a challenge for organizations.

For more insights – Request a sample report!

Segment Overview 

End-user 1.1 SMEs1.2 Large EnterprisesType 2.1 SAN2.2 NAS2.3 DASGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 SMEs-  Small enterprises in various industries turn to enterprise external OEM storage systems for efficient data management and increased capacity. These systems offer improved system performance, reduced risk of data loss, and enhanced data availability. Dell Technologies is a leading vendor catering to SMEs with reliable and customizable storage solutions. The global market for enterprise external OEM storage systems accommodates businesses of all sizes, with various offerings to fit specific needs and budgets. These factors are expected to fuel market growth during the forecast period.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Enterprise External OEM Storage Systems Market encompasses a range of advanced storage solutions designed to address the complex data management needs of businesses. These systems offer Storage Tiering, enabling organizations to optimize their storage infrastructure by automatically moving data between different storage tiers based on access frequency. Cloud Storage Integration ensures seamless data transfer and access to cloud environments. Disaster Recovery solutions provide business continuity, while Storage Management Software facilitates efficient provisioning and administration of storage resources.

Data Archiving and Replication ensure data protection and availability, with Cold Storage Solutions offering long-term, cost-effective storage for infrequently accessed data. Scalability is a key feature, allowing businesses to easily expand their storage capacity as needed. Distributed Storage and Object Storage Gateways provide high-performance, flexible storage solutions, while DRaaS ensures business continuity in the event of a disaster.

Storage Containers, Immutable Storage, Elastic Block Storage, and Data Center Storage cater to various use cases, with NVMe delivering fast read and write speeds. Storage Encryption and Compliance ensure data security and regulatory adherence. Multi-Cloud Storage Solutions and Persistent Storage offer flexibility and reliability, while Flash Storage and Data Lifecycle Management optimize performance and reduce costs. Scalable File Systems and High Availability Storage ensure uninterrupted access to critical data.

Market Research Overview

The Enterprise External OEM Storage Systems market refers to the sale and supply of storage systems designed and manufactured by Original Equipment Manufacturers (OEMs) for external use by enterprises. These systems offer scalability, flexibility, and high-performance storage solutions to meet the growing data demands of businesses. The market is driven by factors such as the increasing adoption of cloud services, digital transformation, and the need for data security and compliance.

The systems support various interfaces and protocols, enabling seamless integration with enterprise IT infrastructure. The market also caters to diverse industries, including finance, healthcare, education, and media and entertainment. The solutions offer advanced features like data tiering, deduplication, and compression to optimize storage utilization and reduce costs.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userSMEsLarge EnterprisesTypeSANNASDASGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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AIE Graduates create visual effects for Academy-nominated film

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NAWI, a feature film whose visual effects were created by graduates from the Academy of Interactive Entertainment (AIE), has been officially nominated by Kenya for entry into the 97th Academy Awards in the category of Best International Feature Film. NAWI is a heartfelt story about a young girl’s journey towards empowerment and aims to shed light on a pressing issue that affects countless young women in the Turkana region of Kenya.

CANBERRA, Australia, Sept. 19, 2024 /PRNewswire-PRWeb/ — NAWI, a feature film whose visual effects were created by graduates from the Academy of Interactive Entertainment (AIE), has been officially nominated by Kenya for entry into the 97th Academy Awards in the category of Best International Feature Film. NAWI is a heartfelt story about a young girl’s journey towards empowerment and aims to shed light on a pressing issue that affects countless young women in the Turkana region of Kenya.

“The film has a very important social message to tell so it was rewarding in many ways to be able to contribute to this project. NAWI was a fantastic opportunity for our graduates to put their skills to the test on a full-length feature film,” said Tom Pugh.

AIE graduates and teachers were given the opportunity to work on the film’s visual effects through AIE’s ongoing partnership with Learning Lions, who produced the film with Film Crew & Baobab Pictures. AIE is proud to support Learning Lions non-profit mission to enable young adults in marginalised rural communities of East Africa to become digital creatives by providing game development training and technology.

The visual effects for NAWI were brought to life by AIE teachers and experienced industry professionals, Thomas Magill and Tom Pugh, who were tasked with supervising the visual effects and liaising with the film’s Directors, Apuu Mourine, Kevin Schmutzler, Tobias Schmutzler and Toby Schmutzler. They assembled a team of recent AIE graduates and worked out how to create the effects required to immerse audiences in Nawi’s world.

“Graduates were able to take the skills they had learnt in class and apply them to cinema-quality footage. There was even a bit of nervous excitement working with professional expectations and deadlines,” said Tom Pugh.

Thomas Magill explained that most of the work involved compositing such as fixing blemishes, removing unwanted folds in clothing, changing pages in a book and removing background actors that were in the wrong place.

“We had a river shot where there was only a sandbank, and we had to create an entire island! There were several shots filmed in a dry riverbed which required us to create floodwater. We had to draw upon various disciplines: not just digital compositing but also visual effects creation and fluid simulations,” said Thomas Magill.

Both teachers enthused that the directors were a pleasure to work with and the collaboration was smooth.

“The film has a very important social message to tell so it was rewarding in many ways to be able to contribute to this project. NAWI was a fantastic opportunity for our graduates to put their skills to the test on a full-length feature film,” said Tom Pugh.

Learning Lions and AIE look forward to seeing NAWI progress through two rounds of voting by members of the Academy of Motion Picture Arts and Sciences to narrow the list of submitted films down to five nominees for the Best International Feature Film.

About Academy of Interactive Entertainment (AIE)

AIE offers practical, career-focused courses delivered by industry-experienced teachers in 3D animation, game development, visual effects and film. Since 2019 AIE has sponsored scholarships to their Certificate and Diploma programs to Learning Lions student. AIE provided laptops and is supporting with opportunities at various gaming companies around the world for paid part-time and full-time work.

https://aie.edu.au/

About Learning Lions

Learning Lions is fighting poverty with digital opportunity. Established in 2015, Learning Lions equips local youth with essential IT and media skills, and empowering them to become entrepreneurs and self-sustaining individuals. By leveraging digital services, these aspiring entrepreneurs not only support themselves but also provide opportunities for others through employment and mentorship.

https://www.learninglions.org/

Media Contact

Neil Boyd, Academy of Interactive Entertainment, 61 434273190, neilb@aie.edu.au, https://aie.edu.au/

Facebook, LinkedIn

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SOURCE Academy of Interactive Entertainment

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Valhalla MSO Launches Impetus One to Enhance Valhalla Vitality’s Telehealth Platform

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Valhalla MSO launches Impetus One, enabling healthcare providers to expand services, improve patient retention, and boost revenue with no upfront costs

MIAMI, Sept. 19, 2024 /PRNewswire-PRWeb/ — Valhalla MSO is excited to announce the launch of Impetus One (IO), a new software designed to power the Valhalla Vitality Network Provider Program. This initiative aims to expand the reach and capabilities of independent healthcare providers by offering an alternative to the traditional insurance model. With a focus on preventative medicine and wellness therapies, the platform is set to enhance patient care while creating new revenue opportunities for providers.

The Valhalla Vitality Network Provider Program addresses the gap created by insurance companies that often deny coverage for preventative medicine, wellness services, and even weight loss therapies. Insurance typically does not compensate healthcare providers for the time spent improving a patient’s overall health. Impetus One (IO) offers an alternative by providing a cash-pay marketplace where providers are fairly compensated for delivering impactful, life-changing services to their patients.

Key Benefits for Providers

Impetus One Software Integration: The platform integrates seamlessly with Valhalla Vitality, offering an e-commerce marketplace that connects patients with a wide range of health services. Providers can easily adopt the system to deliver therapies and other services, ensuring smooth payment processing and order fulfillment.No Upfront Costs: Providers can join the Network Provider Program without any initial fees. They simply share a unique link with patients, allowing for easy access to services, and payments are processed as orders are placed. Partner pharmacies handle medication shipments directly, creating a hassle-free experience for providers.Boosting Patient Retention: The platform includes a VIP Rewards Program, designed to increase patient retention and loyalty. Patients earn points for discounts and exclusive benefits, which encourages ongoing engagement and care continuity.E-commerce and Wellness Integration: Unlike typical affiliate programs, Valhalla Vitality allows providers to retain full control of their patient relationships. Providers can generate revenue through the integrated e-commerce system without worrying about referral fees or kickbacks, enabling them to focus solely on delivering high-quality patient care.

By joining the Valhalla Vitality Network Provider Program, healthcare providers gain access to a scalable model that helps increase profits, introduce new services, and enhance patient satisfaction. The VIP Rewards Program also strengthens the bond between patients and providers, making healthcare more accessible and rewarding for all.

Healthcare providers looking to grow their practices and increase revenue can join the Valhalla Vitality Network by visiting http://www.providevitality.com. Valhalla MSO’s new platform is a powerful tool for delivering advanced, patient-centric healthcare with a focus on accessibility and quality.

For more information, visit Valhalla Vitality at http://www.valhallavitality.com.

Media Contact

Chris K., Valhalla Vitality, 888-888-8888, ck@s99agency.com, https://valhallavitality.com/

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SOURCE Valhalla Vitality

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Ultima Markets Wins Two Prestigious Awards at Global Forex Awards–Retail 2024!

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LIMASSOL, Cyprus, Sept. 19, 2024  /CNW/ — Ultima Markets, a leading global forex and CFDs brokerage, is thrilled to announce its double success at the prestigious Global Forex Awards – Retail 2024. The company won two distinguished awards: “Best Affiliates Brokerage – Global” and “Best Fund Safety – Global.”

The awards were presented during the event in Limassol, Cyprus, where Jean Philippe, Board Advisor, Corporate Governance and Sustainability at Ultima Markets, accepted the honours.

The Global Forex Awards – Retail has celebrated excellence in trading innovation for seven consecutive years. Ultima Markets’ dual wins reflect its commitment to quality, client-centric strategies, and strong partnerships across the financial services sector.

The “Best Affiliates Brokerage—Global” award recognises Ultima Markets’ exemplary affiliate programme, which has successfully driven its global expansion. It is celebrated for its transparency and competitive rewards tailored to affiliate needs.

Receiving the “Best Fund Safety – Global” award highlights Ultima Markets’ efforts to safeguard client assets. Through its partnership with Willis Towers Watson, the company provides up to USD$1,000,000 in insurance per account, while its Financial Commission membership ensures clients access to up to €20,000 in compensation funds.

These recognitions underscore Ultima Markets’ priority to security and transparency, including segregated accounts and robust risk management practices. The broker also assures affiliate partners of exceptional standards.

Commenting on the awards, Jean Philippe said, “These recognitions reflect the exceptional work of our teams to ensure the safety of traders’ funds and our dedication to creating value for our partners and clients. We will continue to evolve and innovate to meet the market’s demands.”

Ultima Markets is renowned for its extensive range of trading products and personalised customer service, designed to meet clients’ diverse needs worldwide. The dual recognition marks a significant milestone in the company’s global growth and reaffirms its reputation for delivering fund safety and robust affiliate opportunities.

“We are delighted to be recognised with these awards, which reflect our mission to create a secure trading environment and build strong, rewarding partnerships,” said Jack Li, Ultima Markets’ Regional Business Director.

About Ultima Markets

Ultima Markets is a fully licensed, fast-growing broker offering access to 250+ financial instruments. With a team of 2,000+ professionals in 15 global offices, we serve clients in 172 countries. Check out more about our awards on Facebook, X, Instagram, LinkedIn and YouTube.

 

 

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SOURCE Ultima Markets

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