As cloud storage technology is increasingly adopted for a broad range of consumer and business applications, the storage landscape is transitioning away from traditional disk arrays to object-based storage systems. A recent IDC report predicts that the market for File- and Object-Based Storage (FOBS) will experience an annual growth rate of 24.5% through 2017, reaching $38 billion. “Increased versatility will result in more diverse use cases for FOBS,” said IDC.
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