It will start happening big next year.
It will start happening big next year.
HDD is not going away in the same way that tape has not gone away. The question is what are the chances STX is half the size or twice the size 5 years from now, 5b or 20b in revenue. I would say 5b in revenue and the company is cutting staff and closing sites based on 5b. This 5b number assumes hamr works, is profitable, and nand companies do not step up capacity investment or bit growth.
As soon as things start to go down hard watch for all the execs who touted future growth of HDD flee for the hills and leave you with a pink slip.
Over the last few years, most of the major web hosting companies have transitioned their data center hardware from web servers installed with traditional Hard Disk Drives (HDDs) to new Solid State Drives (SSDs) for better performance and faster speeds.
SSDs offer much faster read/write times on data transfers compared to HDDs primarily because there is no head and arm mechanism used to seek out the information.
SSDs have begun to replace HDDs across the board as a de facto standard common to every web hosting plan, primarily due to consumer demand, industry competition, and superior performance.
Almost all of the cloud hosting found in the marketplace today is based on SSD standards, with only a small sector of the budget hosting industry offering cheap shared hosting plans still relying on HDDs exclusively.
HDDs also have a significantly higher fail rate in production when compared to SSDs, although some companies can take advantage of the cost advantage of HDDs for data backups, offsite storage, and hosting large digital archives for downloads.
In benchmark testing by third party experts, HDDs tended to fail on average at rates of 3.5% of the equipment over the life cycle of the drive, whereas SSDs failed at rates of around 0.5%.
Web hosting data centers use RAID storage drives to mirror copies of client websites on different drives within the facility so that if one HDD or SSD fails, the data is preserved in another copy implicitly. RAID storage arrays are used on almost all shared hosting accounts and VPS plans, but are generally not included by default with dedicated servers.
In the web hosting industry, the performance speed of SSD storage over HDD technology is so great that website owners are actually at a competitive disadvantage if they fail to sign up for a plan based on SSDs.
According to the Institute of Electrical and Electronics Engineers (IEEE), data storage is responsible for 25% to 35% of the total power consumption used by web servers in operations. The total cost of electricity used by data centers internationally in 2016 was estimated to be at around $20 billion USD.
the energy savings of SSD hardware over HDDs is not enough to cover the price difference in purchasing the technology over the course of a 3-5 year term, but it can save some money for the major cloud operators in electricity billing as well as requiring less artificial cooling for a data center.
Your "web hosting company" sounds mickey mouse if you lost everything in an HDD crash. Ever hear of RAID?
My web hoisting company once crashed the HDD and had to pay a huge compensation to all affected customers.
After that I seldom see any web hosting companies using HDD. All most are using SSD storages.
I don’t know why seagate still can survive in such environment, anyway when I am choosing notebook or server, the first spec I ask is : HDD or SSD, if HDD definitely I will not buy this server.
Maybe seagate is selling some HDD to video recording like IP camera but those low end product does not make money.
All good money are on cloud business like what Apple and google are doing. Seagate is making the money in a very hard way, employees there can’t expect to be rich, since the business is to be replaced.
If the backbone of the data center is the back wall next the tape drives you might be right
Company is screwed , get out !
Backbone of data farm will still be hdd.
IT does not mean companies will pay whatever price and means the future order of decision is NAND, summarize and delete data, then HDD or tape. The NAND companies will also add capacity and can benefit from it in the future. HDD cannot add much capacity because the return on the short timeline before it is dead is so limited. NAND.companies want to take out HDD as quickly as possible and will look to put the hurt on STX. It is foolish to think in absence of capacity companies will pay more for HDD.
Prices coming down mean little if there is not enough capacity to meet demand.
Three years ago is very different from today. NAND costs have been coming down significantly with more layers and buts per cell and HDD is having trouble keeping pace with the new tech adding cost. China getting into the NAND is also pushing prices down. Whether it is next year or the year after does not matter but it is happening. Have you noticed all the layoffs and the cost cutting language on the earnings calls? It is survival of the company and they have to raise the dividend still
Unlikely. But if it brings you so much joy and happiness thinking about. Go ahead. Make a little woody.
It was supposed to occur three years ago. Any media or pundit that makes any prediction is likely vested in SSD in one way or another.
Desktop & Notebook market: YES. Cloud & Server: No
Nand bit growth is much faster than HDD, hamr will add cost, not sure how big it will be next year but very soon we will see a crossover to SSD in nearline.