Cloud Computing: Western Digital To Benefit From Expansion Of Enterprise Data

Grazed from SeekingAlpha.  Author: Editorial Staff.

With the increase in cloud computing and big data analytics by business, the future looks bright for manufacturers of data-farm equipment. In particular, there is an increasing need for storage that is both denser in its form factor and more efficient in its use of power. The companies that are poised to benefit most from this in the long term are those that have the ability to manufacture in volume and able to pivot from fabricating hard disk drives to fabricating hybrid drives (for the short term) and completely solid state drives (for the long term).

Western Digital (NASDAQ:WDC) is a well-known hard drive manufacturer that has yet to take a commanding market share in the small but growing solid state market. However, with recent acquisitions, it looks like it is making a stronger push into the market…

In 2013, WDC made three major acquisitions. The first acquisition was Velobit-creator of proprietary software that decreases latency and increases efficiency of both the storage media and the processor. This could play a key role in decreasing power usage of solid state media manufactured by WDC…

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