Projected Growth of Hitachi Content Platform at +40% in 2QFY22 from 2QFY21

Hitachi Vantara LLC announced growth in its Hitachi Content Platform (HCP) object storage business with substantial net new customers in 1HFY22 and a projected growth of +40% in 2QFY22 compared to 2QFY21, outstripping the market CAGR of 13.6% ⁽¹⁾.

This growth is significant given the challenges businesses face converting data into valuable insights that improve customer experiences, create new efficiencies and fuel innovation.

Representing up to 90% of all data stored, unstructured data is a critical component to achieving data centricity but is often left unutilized as the vast majority is never analyzed. To help organizations process this information, advanced analytics and business intelligence tools are vital to classify and make sense of data, govern it, and make it actionable.

A recent report by GigaOm notes: “With the right processes and tools, businesses can do more with their data than ever before, mining it for hidden insights and capturing incredible value in the process, transforming it from a liability into an asset.”  

“A quality unstructured data platform extends beyond just storing data – robust analytics are crucial in delivering insights into an organizations data patterns and trends,” said Radhika Krishnan, CPO, Hitachi Vantara. “As customers’ needs evolve and IT departments transform from a supporting role to one of enablement, HCP is uniquely suited to addressing the biggest data challenges with faster and more accurate insights for improved savings, employee productivity, and customer experience.”

HCP adds intelligence to object storage
HCP offers an ecosystem of solutions including comprehensive, intelligent data management that spans beyond object storage alone to unlock the full value of data assets. A leader in the GigaOM Radar for Unstructured Data Management Business Solutions and a DCIG Top 5 On-premises SDS Object Storage Solution, HCP portfolio delivers capabilities for empowering customers as they extend beyond the walls of the enterprise, to the cloud and the edge.

DCIG reports: “HCP demonstrates wide deployment, cloud and analytic support compared with other evaluated solutions,” and that “Hitachi Vantara complements HCP with a portfolio of software products that provides expanded data management, governance, analytics, collaboration, and file gateway capabilities.”

HCP partners discover new unstructured data management customer-use-cases
“The major purpose of long-term digital preservation is to preserve primary data and metadata in such a way that both the readability and the interpretability (authenticity) can be guaranteed. Long-term preservation has become more challenging since data formats, compliance, applications, and usage changes over the life of the data. Our customers are interested in a secure transfer of data to and from the cloud to store/preserve data and make it easy to access,” said Paul Schindeler, CEO, Data Matters, cloud services provider in The Netherlands. “HCP successfully delivers on all of these requirements, making it a perfect platform to build solutions for integrating analytics with a private cloud, while helping ensure privacy, security and longevity of data.“

“As a cloud services provider, we pride ourselves in providing infrastructure that scales without limits and facilitates data innovation while maintaining flexibility, security, and investment protection within our customers’ existing systems,” said Ahsan Khan, CTO, ThinkOn, Inc., a cloud computing services provider in Ontario, Canada. “We believe object storage is the ideal technology to securely deliver our storage services and help protect against the latest cyber and ransomware threats by employing strong data protection policies, including encryption, object locking, and multiple backups of sensitive data. Using the hcp portfolio as the foundation for our data protection-as-a-service offerings, we can provide our customers their choice of industry-leading backup, disaster recovery, analytics, and storage service offerings.

Resources:
⁽¹⁾ Mordor Intelligence: Object-Based Storage Market – Growth, Trends, Covid-19 Impact, and Forecasts (2022 – 2027)     
MIT Technology Review: Cyber Resilience Melds Data Security and Protection (registration required)
Blog: High Praise for HCP