With total stored information growth exceeding 50% annual increases, high capacity, low cost storage technologies such as digital magnetic tape will continue to play an important role.

FORBES: Magnetic Tape Turns 60

But as the cloud resolves issues of data storage and management, and mobile and social technologies allow for easy and immediate information sharing, Big Data now can be crunched and shared throughout an organization, leading to better decision-making and outcomes for all sorts of enterprises.

FORBES: The Big Deal On Big Data

Exponential growth in digital information and greater adoption of newer technologies like cloud computing, big data and virtualization have contributed to growth in external storage systems, and EMC will be the biggest beneficiary with its stronghold in SAN and NAS markets as well as continued growth in unified storage.

FORBES: EMC Runs To $37 On Booming External Storage Market