New data has indicated that a growing number of companies are making use of data storage, as providers of the software have seen their revenues rise. - See more at: http://www.storetec.net/news-blog/storage-software-use-continues-to-expand

1. Storage Software Use ‘Continues To Expand’
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New data has indicated that a growing number of companies are
making use of data storage, as providers of the software have seen
their revenues rise.
A study by market intelligence firm International Data Corporation (IDC)
revealed that global storage software returns rose 4.1 per cent in
the second quarter of 2013 compared with the previous three
months, to $3.5 billion (£2.2 billion).

2. IDC research director Eric Sheppard commented: "Data protection and
recovery software, and storage and device management software were
the two biggest sources of growth this quarter.
"Once again, organisations continued to invest in storage software that
improves the resiliency and operational efficiencies within their storage
infrastructure."
The study found the storage and device management revenues rose
9.1 per cent to $674 million, while data protection and recovery income
increased by 8.9 per cent year-on-year to $1.3 billion.

3. Such figures indicate that companies across the world are realising the
numerous benefits of using software-based paperless storage
methods, which use up less space, boast the ability to retain data even
in the event of disasters such as floods, fires, hacking and data theft
incidents, and safeguard against the loss of paper documentation or
the destruction of computer hardware.

4. The capacity of organisations to save money in the longer run by
investing in storage software now may be another reason many firms
and public sector bodies are increasingly doing so. The impact on the
bottom line can help firms at a time of ongoing economic weakness
and help them stay lean, efficient and competitive as the financial
climate improves. For government bodies, money saved could help to
ease the strain of austerity.
This latter benefit was listed as a very good reason for Whitehall to go
paperless in a report by the Policy Exchange think tank, published last
week. It said such a move could save £70 billion by 2020, as well as
provide better and more accessible services.

5. Storetec News/Blogs."http://www.storetec.net/news-blog/storage-
software-use-continues-to-expand/" Storage Software Use
‘Continues To Expand’. September 12, 2012. Storetec.

6. Storetec News/Blogs."http://www.storetec.net/news-blog/storage-
software-use-continues-to-expand/" Storage Software Use
‘Continues To Expand’. September 12, 2012. Storetec.