5 Hot Trends in Data Storage Technology

Ever since 1956 when IBM brought the first-ever hard disk drive to the market, a lot of advancements in the field of storage technology have been happening over the years. With the increasing number of companies that manufacture storage devices, the competition in this industry has also increased. This, in the end, has led to more innovation in terms of making the storage devices more affordable, bigger in storage capacity, and faster in transferring data.

Close-up of It engineer or technician working with servers and storage in a data center. This enclosures is a SAN or storage area network.

The advancements in storage technology have been one of the reasons behind the rapid growth of companies that mainly depend on data to do business. Companies like Google and Facebook control a big percentage of all the data that is on the internet. This wouldn’t be possible if innovations to make storage devices bigger and faster were not as rapid as they are.

The growth of storage technology has not stopped yet. We expect a lot of advancements in the coming years that will likely make storage of data even much cheaper and safer than it is today. In today’s article, I am going to share with you the hot 5 storage technology trends that you need to know. Let’s dig in;

1. The price gap between SSDs and HDDs has further reduced

Solid-state storage drives (SSDs)  are loved by many because of their fast data transfer speeds. They are also smaller in size which makes it possible to make slimmer devices like Laptops and yet maintain the same storage that is present in the older model devices that are a bit thicker. These two benefits come at a price though. SSDs are still way more expensive than Hard disk drives (HDDs).

However, the gap between the prices of these two storage technologies has been narrowing over the years. For instance, if we look at two years back, the price of HDDs was between 5 to 6 cents per gigabyte and that of SSDs was between 13 to 15 cents per gigabyte. As of today, the price of HDDs is between 4 to 5 cents whereas that of SDDs is between 8 to 11 cents.

From these prices, you can see that two years back SSDs were almost thrice as expensive as HDDs, and this year they are twice as expensive. The reduction in the price of SSDs has been mainly due to innovations that have made it possible to use almost the same amount of materials to make larger capacity SSDs which wasn’t possible a couple of years back.

2. Storage infrastructure today is more cyber resilient

Data is one of the most valuable assets in the world at the moment. But remember, scammers and hackers know this very well. They will always do whatever they can to have access to your data and cause havoc then later demand payment to fix the chaos they caused themselves. This makes investing in data safety a priority than never before by both organizations and individuals.

One of the ways to ensure data safety is investing in cyber resilient data storage infrastructure. The good news today is we have storage technologies with the capacity to detect any attack in the form of malware and ransomware before your data is destroyed. With the advancement in storage technology, it is also now much easier to encrypt data and also recover it much faster than it used to be a couple of years back.

As an individual or an organization, you need to assess your data security risks and then invest in data storage based on this assessment. An attempt to save money through investing in cheap storage infrastructure could easily lead to bigger losses in the future.

3. NVMe storage technology is becoming more relevant

NVMe stands for Non-Volatile Memory Express. The reason behind the innovation of this technology is the latency that takes place when data is being moved from secondary storage devices to the processor. The device that always leads to this latency is the secondary storage device. With NVMe technology, this latency is greatly reduced which has led to faster computing and getting tasks done quickly.

Two years back, the NVMe devices that were on the market had speeds of up to 3400MB/s. Today we

have NVMe storage devices that have speeds going up to 5000MB/s. This is a huge leap that lots of computing devices are taking advantage of. NVMe devices main not be ideal for storing huge chunks in data centers, but as NVMe technology stabilizes, solutions of storing data for many years like in HDDs will likely be brought on board.

4. Artificial intelligence and machine learning storage analytics

Organizations and individuals that store millions of terabytes of data find it necessary to have means of efficiently storing this data in a way that makes accessing it much easier and faster. With AI and machine learning advancements, it is now possible to have data that is frequently needed to be stored in much faster storage sections and inactive data in stored slower sections. This makes accessing the frequently needed data faster

This piece of tech is even more advanced in 2020 as it is now possible to encrypt data based on the security risks the piece of data possesses. So, if you value your data, it will be necessary to have such this technology deployed in your data storage infrastructure.

5. Multi-cloud data management is relevant today than never before

There is no doubt storing data on the cloud is a necessity for any organization or individual who attaches value to their data. However, a scenario may arise where the platform you are using to host your data is down. This means you will not be able to access this data until your service provider restores their systems. This kind of problem was solved by multi-cloud data storage whereby data is stored on various cloud storage platforms.

Many organizations and individuals are embracing this trend than never before. If you are out there and you are still storing all your data with one cloud storage platform, it is high time you start embracing multi-cloud storage to avoid situations of not being to access your data because servers of your single service provider are down

Final thoughts

There are a lot of other storage technology trends that may not appear on the above list. However, the trends we have shared above are the hottest in the market right now. You may take time and see how your organization or you as an individual can take advantage of any of these trends. For instance, you may choose to replace or recover data of the old HDDs in your computers with the much faster SSDs to improve computing speeds and also save time while doing work.

Another person may choose to go for multi-cloud data management as a way of keeping their data safe and not relying on only one service provider. The idea is to at least pick one trend that you can start embracing today to enjoy the many benefits they have.