Yuan Yuan, President of Huawei Scale-Out Storage Domain, shares his perspectives on the critical role of data storage in powering the next generation of digital innovation.
As the world's appetite for data continues to grow, data centers now do more than simply store information, including managed storage and backup, infrastructure outsourcing, and AI training.
According to GlobalData forecasts, the global enterprise data centre and hosting market was worth US$112.4 billion in 2024 and is forecast to grow to $188.2 billion by 2029, a CAGR of 10.9%.
Despite this growth, most data centers struggle with limited space and power, and often face performance bottlenecks, particularly when handling demanding AI workloads.
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Author's summary: Industry leader predicts all-flash data storage for next AI wave.