2020 Predictions by Qumulo

Top 3 2019 Facts:

• 1. IDC increased the scale-out file market size in 2021 from a previous forecast of $6.1 billion to $10.1 billion
  • It is apparent that the scale-out market is growing faster than anticipated as businesses become increasingly dependent on leveraging unstructured data to gain competitive advantage. The advent of modern, cloud ready, scalable file storage enables organizations to keep unstructured data in a file system single tier instead of offloading to object storage for retention.
• 2. ESG found that “more than half of organizations formulating hybrid cloud strategies cited seamless compatibility with their on-premises infrastructure as the most important consideration” (ESG Hybrid Cloud Trends, May 2019).
  • No longer does scale-up or scale-out in the data center solve user’s needs for file storage. Hybrid IT needs scale-across file systems which deliver unification across on-prem and the cloud.
• 3. Qumulo was the only Leader in the Gartner Distributed File Systems and Object Storage Magic Quadrant to move up and right. All other leaders moved backward.
  • For the second year in a row, Qumulo place in the Leader quadrant in the Gartner MQ.
  • In 2019, Qumulo was the only company in the Leader quadrant that improved its position with its agile, simple, scalable file storage for unstructured data.

Top 3 2020 Predictions:

• 1. NVMe file storage will be adopted broadly for performance starved, low-latency applications in 2020
  • NVMe is a communications protocol developed specifically for all-flash storage. It enables faster performance and greater density compared to legacy protocols. It’s geared for enterprise workloads that require top performance, such as real-time data analytics, online trading platforms and other latency-sensitive workloads.
• 2. Data-driven businesses will have to shift some workloads to the cloud for data processing, ML and AI driven workloads
  • Every major enterprise in the world is going to become a hybrid enterprise. In industries across all major vertical markets including M&E, transportation, bio and pharma, customers are using large volumes of unstructured data in order to accomplish their mission. Despite tremendous downward pressure, IT budgets don’t grow at the same rate as the rest of business. The public cloud enables a way to solve that problem with its elastic compute and elastic resources.
• 3. Scale-out file storage will become the preferred technology for on-prem unstructured data active archives.
  • Modern file storage solutions deliver performance and economics in a single tier solution managed by intelligent caching. Object storage is not the best fit for on-premises customers seeking simplicity to deliver to performance applications and retain cost effectively, object storage was developed as a precursor to webscale technology and as the storage medium for web technologies. It was meant to be great for datasets that approach exabyte data level and are geographically distributed. In 2020, we believe the on-premises object storage market will evaporate and will become wholly file based.