Online retailer eBay (Nasdaq: EBAY) finally bit the bullet and took the call on spinning off their payments unit PayPal. The decision has already led to Board battles and now the resignation of VC Marc Andreessen from the Board.
According to a Crehan Research report, the continuing decline of costs for high speed Data Center Switches will lead to an increased adoption of these switches by the market. The researcher estimates that the Ethernet data center switch market will be worth $14 billion in 2018. The growth is expected to be driven by the
According to an IDC report, the global market for online content management grew 8.7% to $5.8 billion in 2013. The market was dominated by IBM, which accounted for 16% of the market’s share. OpenText came in second with 9% market share followed by Microsoft’s 7% share. IDC believes that while the industry is dominated by
According to Gartner and Forester, the Enterprise Backup and Recovery market is estimated to be worth $5 billion and growing at 10% annually. The researchers estimate that the bigger space of Data Management, which includes activities like data analysis, archival, de-duplication, and reduction to be worth $15 billion annually. BAAR, Switzerland-based Veeam is making big
According to an IDC report on Big Data storage, the market is estimated to grow from $3.2 billion in 2010 to $17 billion in 2015. Others peg the enterprise storage market alone at a $20 billion market opportunity.
According to a MarketsandMarkets report published earlier this year, the global cloud data storage market is projected to grow 33% annually over the period 2014 through 2019 to be worth $56.57 billion. The researcher estimates the market to be worth $13.57 billion this year. The growth in the market is attributed to the continuing production
According to researcher ITSMU, the IT Service Management (ITSM) market was dominated by BMC last year which accounted for 40% of the market’s revenue share. HP came a distant second with 17% share and was followed by ServiceNow, which accounted for 12% of the market. TechNavio estimates that the global ITSM market will grow 7% annually
According to a report from MarketandMarkets, the cloud analytics market is projected to grow 26% annually over the five year period from 2013 through 2018. The researcher expects the market to be worth $16.52 billion by 2018 from $5.25 billion in 2013.