Most Profitable (Recession-Proof) Products - No. 6: Storage Solutions
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6. Storage Solutions
2008 Profitability Rating: 15%
2007 Profitability Rating: 16%
Profitability Change: -1%
The volume of data generated by the average business is doubling every 18 months. That’s the average business; many businesses are seeing data volumes increasing at exponentially higher rates. Applications from e-mail to RFID sensors are generating copious amounts of information on an hourly basis. Retaining and storing all that data is a logistical and technological nightmare for businesses. Businesses continue to search for the right storage solution and are investing heavily in disc arrays, tape, off-site storage and storage virtualization.