#Seagate Technology plc
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Network Attached Storage Market Size, Share & Analysis 2030
The Network Attached Storage Market is projected to grow from USD 25.7 billion in 2022 and is projected to reach USD 51.0 billion by 2028; it is expected to grow at a CAGR of 12.1% from 2022 to 2028. The growth of this market is driven by factors such as growing requirement for real-time data, growing use of 5G technology, and increasing adoption of hybrid cloud storage.
Key players:
Dell Technologies Inc. (US), Hewlett Packard Enterprise Company (US), NetApp, Inc. (US), Western Digital Corporation (US), Hitachi, Ltd. (Japan), NETGEAR, Inc. (US), Synology Inc. (Taiwan), Buffalo Americas, Inc. (US), Seagate Technology Holdings Public Limited Company (US), Pure Storage, Inc. (US), and QNAP Systems, Inc. (Taiwan), Thecus Technology Corp. (Taiwan), D-Link Corporation (Taiwan), Infortrend Technology Inc. (Taiwan), iXsystems, Inc. (US), Spectra Logic Corporation (US), and Panasas (US).
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More than 20 bays segment is expected to grow at the high CAGR from 2022 to 2028.
More than 20 bays segment is expected to grow at high rates over the forecast period. The high growth rate is driven by various features offered by the more than 20-bay NAS solutions, such as fast response, data recovery, high performance, and high storage capacity. These features have increased their adoption in the telecommunications, banking, financial services, and insurance (BFSI), and manufacturing sectors. The growing number of users of smart devices, coupled with the rising number of financial banks across the world, is expected to spur the demand for NAS systems with more than 20 bays in the coming years.
The hybrid segment in NAS market is expected to be the fastest growing deployment type segment during the forecast period.
The hybrid segment is projected to be the fastest growing node size segment during the forecast period. The hybrid system consists of both on-premises and remote/cloud deployments, where active data is stored in the on-premises system, and inactive data is shifted to remote location-based systems. This is also known as disaster recovery management. The inclination toward such deployment models is increasing day by day as companies need to keep a backup of crucial data to avoid the loss of critical information in the case of any disaster. One of the benefits of hybrid cloud storage is that it combines on-premises control over infrastructure, security, and data with the flexible nature of cloud technology. These intuitive features provided by hybrid deployment type network attached storages is expected to fuel the segment growth over the forecast period.
Healthcare segment of the NAS market to record highest CAGR from 2022 to 2028.
The healthcare segment is expected to account for the highest CAGR of the NAS market from 2022 to 2028. The segment’s growth can be attributed to the surging adoption of data analytics, the growing use of wearable technology to monitor health status, and the increasing focus of healthcare professionals on scientific research. A massive volume of data needs to be analyzed for several patients in a hospital. Each patient’s records include e-mail addresses, back-office data, earlier medical reports, etc. Storing, managing, and accessing vast amounts of information require high-speed NAS systems. Therefore, the industry is anticipated to record the highest CAGR during the forecast period.
North America will hold the largest share in the NAS market during the forecast period.
North America will hold the largest NAS market share from 2022 to 2028. The market growth is credited to the presence of tech giants across the NAS ecosystem in the region, such as NetApp, Inc. (US), Western Digital Corporation (US), Dell Technologies Inc. (US), Hewlett Packard Enterprise Company (US), NETGEAR, Inc. (US), and Seagate Technology Holdings PLC (US), among others. These players are extensively focusing on R&D to develop and provide innovative offerings and to stay competitive in the market.
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The Evolution of Industrial Automation: Embracing the Future with Eaton VFD, Watlow 4FT, Eaton DM1, and Eaton Easy E4
The journey of industrial automation is marked by continuous innovation and technological advancements that have reshaped the manufacturing landscape. From the early days of mechanical systems to the sophisticated digital solutions of today, the evolution of industrial automation has been pivotal in enhancing efficiency, productivity, and safety in the manufacturing sector. Among the leading technologies driving this transformation are Eaton VFDs (Variable Frequency Drives), Watlow 4FT integrated controllers, Eaton DM1 micro PLCs, and Eaton Easy E4 smart relays, each playing a crucial role in modern automation solutions.
Eaton VFDs: Powering Efficiency and Control
Eaton VFDs stand at the forefront of driving efficiency in industrial applications. These variable frequency drives offer unparalleled control over motor speed, allowing for energy savings and reduced wear on machinery. By precisely adjusting the speed of electric motors to match the load requirement, Eaton VFDs not only conserve energy but also improve process control and extend the life of equipment. Their application spans across various sectors, from HVAC systems to pumping stations, highlighting their versatility in enhancing operational efficiency.
Watlow 4FT: The Future of Thermal Systems
The Watlow 4FT series represents a leap forward in the control and management of thermal systems. These integrated controllers are designed for flawless performance in high-temperature applications, ensuring precision, reliability, and safety. With advanced features such as PID control and real-time monitoring, the Watlow 4FT series is instrumental in optimizing thermal processes, contributing to better product quality and lower operational costs. Its integration into industrial automation systems underscores the importance of temperature control in manufacturing processes.
Eaton DM1: The Compact Solution for Automation
The Eaton DM1 micro PLC is a compact yet powerful solution for small to medium-sized automation projects. Its flexibility and scalability make it an ideal choice for a wide range of applications, from simple machine controls to more complex automation systems. With its user-friendly interface and robust performance, the Eaton DM1 facilitates seamless integration and automation of manufacturing processes, enabling businesses to achieve higher productivity and efficiency.
Eaton Easy E4: Simplifying Complex Processes
The Eaton Easy E4 smart relay offers a straightforward approach to managing complex processes. Its modular design and intuitive programming environment allow for easy customization and scalability, making it suitable for a variety of applications, including lighting control, access control, and pump management. The Eaton Easy E4 bridges the gap between traditional relay systems and full-scale PLCs, offering a cost-effective solution for automating tasks and enhancing system reliability.
Looking Ahead: The Future of Industrial Automation
As we look to the future, the role of technologies like Eaton VFD, Watlow 4FT, Eaton DM1, and Eaton Easy E4 in industrial automation will only grow more significant. These innovations are not just about improving efficiency or productivity; they are about enabling industries to adapt to the rapidly changing demands of the global market, ensuring sustainability, and paving the way for the smart factories of tomorrow.
Embracing these technologies is essential for businesses aiming to stay competitive in the digital era. For expert advice, product inquiries, or further information on integrating these solutions into your operations, don't hesitate to contact the specialists at Seagate Controls. Reach out today at 1.800.472.8812 to explore how we can help you navigate the evolving landscape of industrial automation and harness the full potential of these cutting-edge technologies.
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Seagate Technology Holdings Plc: Revamps Financial Performance, Beats Revenue Decline with Reduced Losses and Improved Earnings https://csimarket.com/stocks/news.php?code=STX&date=2024-01-29145839&utm_source=dlvr.it&utm_medium=tumblr
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Self-Encrypting Drive SED Market Growth, Trend, and Prospects from 2023–2030
Self-Encrypting Drive SED Market Growth
The Self Encrypting Drive SED Market is expected to grow from USD 2.70 Billion in 2022 to USD 3.50 Billion by 2030, at a CAGR of 3.40% during the forecast period.
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Self-Encrypting Drive SED Market Size
Self-encrypting drive (SED) is a type of hard drive that automatically and continuously encrypts all data stored on it, without any impact on performance. The global SED market research report is segmented by type (internal and external hard disk drives), application (IT & telecom, BFSI, government & public utilities, manufacturing enterprise), region (North America, Asia Pacific, Middle East, Africa, Australia, and Europe), and major players (Western Digital Corp, Seagate Technology PLC, Samsung Electronics, Toshiba, Thales, Micron Technology Inc, NetApp, Kingston Technology Corp, Gemalto, Certes Networks Inc, Kanguru Solutions, TAEC). Regulatory and legal factors related to market conditions are also analyzed in the report. For instance, the report covers various regulations and compliance requirements such as GDPR, HIPAA, and PCI DSS that need to be met for data privacy and security. In conclusion, the SED market is expected to grow rapidly due to increasing concerns over data privacy and security, as well as the rising number of data breaches.
Self-Encrypting Drive SED Market Key Players
Western Digital Corp
Seagate Technology PLC
Samsung Electronics
Toshiba
Thales
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Self-Encrypting Drive SED Market Segment Analysis
The Self Encrypting Drive (SED) target market includes a wide range of industries, including financial services, healthcare, government and military, and retail. These industries require secure and efficient data management due to regulatory compliance and privacy concerns. The increasing adoption of cloud storage and the need to protect sensitive data during transfer and storage are the major factors driving revenue growth of the Self Encrypting Drive market.
The latest trends in the Self Encrypting Drive market include the rising demand for hardware-based SEDs, which offer improved security compared to software-based encryption. Moreover, the increasing implementation of Bring Your Own Device (BYOD) policies in organizations has led to a surge in the demand for SEDs. Additionally, the availability of low-cost SEDs with advanced security features is expected to fuel market growth during the forecast period.
However, the major challenges faced by the Self Encrypting Drive market include the high cost of SEDs compared to software-based encryption solutions, lack of awareness among end-users about SEDs, and concerns over compatibility issues with legacy hardware and software.
According to the report’s main findings, the global Self Encrypting Drive market is expected to grow at a CAGR of 21.3% during the forecast period. The Asia-Pacific region is expected to witness the highest growth rate due to the increasing adoption of cloud storage and the growing need for secure data management in industries such as healthcare, financial services, and government and military.
Based on the report’s findings, the main recommendations for the Self Encrypting Drive market include increasing awareness about the benefits of SEDs through targeted marketing campaigns and partnerships with key players in the industry. Additionally, manufacturers should focus on developing low-cost SEDs with advanced security features and compatibility with legacy hardware and software.
This report covers impact on COVID-19 and Russia-Ukraine wars in detail.
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Market Segmentation (by Application)
IT & Telecom
BFSI
Government & Public Utilities
Manufacturing Enterprise
Others
Information is sourced from www.reportprime.com
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[ad_1] NEW YORK, Aug. 03, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the common stock of Seagate Technology Holdings plc (NASDAQ: STX) between September 15, 2020 and October 25, 2022, both dates inclusive (the “Class Period”), of the important September 8, 2023 lead plaintiff deadline. SO WHAT: If you purchased Seagate common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Seagate class action, go to https://rosenlegal.com/submit-form/?case_id=17658 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 8, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements regarding the Company’s business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (1) the nature and magnitude of Seagate’s Hard Disk Drives (“HDD” or “HDDs”) sales to Huawei, including that Seagate experienced a significant acceleration in sales to Huawei immediately after the BIS rules went into effect and Seagate’s competitors stopped selling to Huawei; (2) that the underlying details of Seagate’s HDD manufacturing process, including the use of covered U.S. software and technology in “essential ‘production’” processes, rendered its sales to Huawei in violation of the U.S. Department of Commerce Bureau of Industry and Security (the “BIS”) export rules; and (3) In addition, as a result, Seagate was in blatant violation of the BIS export rules which resulted in an ongoing investigation by the U.S. Department of Commerce and exposed Seagate to hundreds of millions of dollars in fines and penalties. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Seagate class action, go to https://rosenlegal.com/submit-form/?case_id=17658 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: or on Facebook: https://www.facebook.com/rosenlawfirm/. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq.Phillip Kim, Esq.The Rosen Law Firm, P.A.275 Madison Avenue, 40th FloorNew York, NY 10016Tel: (212) 686-1060Toll Free: (866) 767-3653Fax: (212) [email protected]@[email protected] GlobeNewswire Distribution ID 8887078 [ad_2]
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Seagate pagará una multa de 300 millones de dólares por enviar a Huawei 7 millones de discos duros
@Seagate pagará una multa de 300 millones de dólares por enviar a @Huawei 7 millones de discos duros.
Agencias, Ciudad de México.- Seagate Technology Holdings PLC ha acordado con las autoridades estadounidenses pagar una multa de 300 millones de dólares por el envío de unidades de disco duro por valor de más de 1,100 millones de dólares a la china Huawei, violando las leyes de control de exportaciones estadounidenses, informó el Departamento de Comercio del país.
Seagate vendió las unidades a…
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Seagate Technology Stock Shows the Glass May Still Be Half Full
Data storage solutions giant Seagate Technology Holdings PLC (NYSE: STX) stock got smoked due to its disastrous fiscal Q3 2023 earnings report. The company appeared to be nearing the end of its normalization as outlier demand spiked sales during the pandemic leading to an inventory glut after the reopening. Seagate indicated in its fiscal Q2 2023 earnings report that enterprise and cloud…
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STX Earnings: Highlights of Seagate Technology's Q3 2023 results
$STX Earnings: Highlights of #Seagate Technology's Q3 2023 results
Storage solutions provider Seagate Technology plc (NASDAQ: STX) reported financial results for the third quarter of 2023. The company also provided guidance for the fourth quarter.
Third-quarter revenues decreased 34% year-over-year to $1.86 billionThe company reported a net loss of $433 million or $2.09 per share for the quarter, compared to a profit of $346 million or $1.56 per share last…
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Personal CloudMarket Look a Witness of Excellent Long-Term Growth – Worldwide Survey by 2027
Latest Report Available at Advance Market Analytics, “Personal Cloud Market” provides pin-point analysis for changing competitive dynamics and a forward looking perspective on different factors driving or restraining industry growth.
The global Personal Cloud market focuses on encompassing major statistical evidence for the Personal Cloud industry as it offers our readers a value addition on guiding them in encountering the obstacles surrounding the market. A comprehensive addition of several factors such as global distribution, manufacturers, market size, and market factors that affect the global contributions are reported in the study. In addition the Personal Cloud study also shifts its attention with an in-depth competitive landscape, defined growth opportunities, market share coupled with product type and applications, key companies responsible for the production, and utilized strategies are also marked.Some key players in the global Personal Cloud market are:
Apple Inc (United States)
Microsoft Corporation (United States)
Google LLC (United States)
Box Inc (United States)
Amazon Web Services Inc (United States)
Seagate Technology PLC (United States)
Dropbox Inc (United States)
Egnyte (United States)
Melco Holdings Inc (Japan)
Sugarsync (United States)
Personal cloud is miniature cloud storage, which stores, shares, and access or sync user’s personal documents, photos, folders and files without needing any system. It is a cloud-based service which offers or provides services from any location with the help of internet. The introduction to personal cloud services has made the applicants to use user-friendly application. The rise of the personal cloud has encouraged small and medium organizations to adopt personal cloud service. Real-time access, data backup and additional storage in consumer’s electronics devices are thereby boosting the growth of the global personal cloud market.What's Trending in Market: Accepting New Standards for the Personal Cloud Industry Such as Fast and Convenient Access to Stored Data
Adoption of Bring-Your-Own-Device (BYOD) Trend in Personal Cloud
Challenges: Issues Regarding Security and Safety of Stored Data
Lack of Consumer Awareness, Security Concerns, and Low Funding
Delivering Safe Data Storage
Market Growth Drivers: Rising Demand for Real-Time Data Access and Data Sharing, Cost-Effective and Efficient Storage and Safety Against Data Loss
Rising Data Generation Activities
Digital Contingency and Disaster Recovery Planning
The Global Personal Cloud Market segments and Market Data Break Down22331
Presented By
AMA Research & Media LLP
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Do successful companies choose payroll outsourcing? Or does payroll outsourcing result in successful companies? Let's find out in this case study.
#ExelaHRSolutions#PayrollChallenges#EHRS#HRO#PayrollManagement#PayrollServices#PayrollProcessing#PayrollOutsourcingServices#Payroll#HumanResources#HRSolutions#HRServices#HR#GlobalPayrollProcessing#HROutsourcing
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Seagate Technology Holdings plc
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Seagate Technology Holdings plc
NEW YORK, Oct. 27, 2022 /PRNewswire/ — Pomerantz LLP is investigating claims on behalf of investors of Seagate Technology Holdings plc (“Seagate” or the “Company”) (NASDAQ: STX). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.
The investigation concerns whether Seagate and certain of its officers and/or directors have engaged in…
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Seagate Technology Holdings plc
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Seagate Technology Holdings plc
NEW YORK, Oct. 27, 2022 /PRNewswire/ — Pomerantz LLP is investigating claims on behalf of investors of Seagate Technology Holdings plc (“Seagate” or the “Company”) (NASDAQ: STX). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.
The investigation concerns whether Seagate and certain of its officers and/or directors have engaged in…
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Seagate Technology Holdings Plc: Resilience Rises as Q1 2024 Profits Plummet https://csimarket.com/stocks/news.php?code=STX&date=2023-10-28094906&utm_source=dlvr.it&utm_medium=tumblr
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Seagate to cut 3,000 jobs in restructuring as demand slows
Seagate to cut 3,000 jobs in restructuring as demand slows
By Ian King | Bloomberg
Seagate Technology Holdings Plc, the biggest maker of computer hard drives, said it’s cutting about 3,000 jobs in a restructuring plan aimed at reducing costs amid slowing demand and said big buyers of technology are cutting orders on concerns the economy is worsening.
“Global economic uncertainties and broad-based customer inventory corrections worsened in the latter…
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Samsung Electronics has revealed its roadmap for its SSD ecosystem on the 2022 Samsung Tech Day and it seems to be tasty. It has plans to “stack over 1,000 layers” in its most superior NAND chip by 2030 though it has stopped in need of revealing whether or not it might be precise merchandise out there on cabinets (if these are nonetheless round by the tip of the last decade), merchandise shipped to prospects (like Teamgroup) or samples in its labs.Still, the prospect of getting an SSD with 1,000-layer NAND is a very engaging one after the other when quite a few storage applied sciences (hard disk drives, silica, tapes, DNA, you title it) are attempting to displace the medium as the most popular property on the planet of bits and bytes.Earlier this yr, SK Hynix and Micron introduced that they’d launch 238-layer and 232-layer merchandise respectively which - on paper - will dramatically convey down the price of Terabyte for stable state drives. A caveat although is that these timelines are prone to be elastic relying on demand and provide globally. The present financial scenario worldwide might drive firms to chop again on R&D and lengthen the gaps between product launches.The average price of SSD is at their lowest up to now with 2TB SSDs extensively out there for lower than $100 and consultants have forecasted that SSD and HDD will attain parity on sure capacities by this time subsequent yr with the profitable enterprise market being the one one kind of immune for now.1PB SSD on the horizon?More layers not solely imply cheaper merchandise but in addition greater storage densities. Currently the world’s largest SSD is a 3.5-inch 100TB model from Nimbus Data, one which is utilizing a 64-layer MLC chip; a 1024-layer TLC/QLC chip would pack 16 instances extra layer, which put a 1PB (1000TB) stable state drive solidly within the realm of prospects earlier than the tip of this decade.Who wants that form of capability although? Cloud storage firms like iDrive or BackBlaze, Hyperscalers like Google or Microsoft, social networks like Instagram or Facebook.In 2020, throughout an interview with TechRadar Pro, Nimbus Data CEO Thomas Isakovich advised that a lot greater capacities (200TB and 400TB) could possibly be reached by 2023 “depending on the timing of NAND density gains”. A 1PB SSD can be an order of magnitude greater than what laborious drive producers have on their roadmaps.A 100TB hard disk drive is what Seagate expects to launch by 2030 with the present most capability (as of October 2022) being 26TB. 30TB drives are prone to be the flagship capability in 2023 and past that, will increase are incremental somewhat than exponential.During the identical occasion, Samsung introduced that its 1Tb TLC V-NAND shall be out there to its prospects by the tip of 2022 with its subsequent technology TLC T-NAND - prone to be 2Tb - slated for mass availability someday in 2024. Following this trajectory, 4Tb, 8Tb and 16Tb NAND chips may go to market in 2026, 2028 and 2030 respectively. In parallel, its engineers are “accelerating” the transition to QLC with no phrases on PLC (penta-level cell).
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