1) Five trends in IT and storage are discussed: cloud computing, mobile devices, security, big data, and datacenter transformation. 2) Cloud computing is becoming more widely adopted, with SaaS being the most common type of cloud service used. Mobile device usage is also growing rapidly. 3) Security threats are increasing and protecting against internal and external threats is a challenge. Big data is growing exponentially due to digitization and more data is being analyzed. 4) Datacenters are transforming through consolidation, virtualization, and new storage technologies like flash storage.