Marrut Manistitya, the managing director of
Burgeoning demand for big data coupled with a virtualised data centre and disaster recovery sites for business continuity planning are the key growth drivers for the storage market, he said.
Global research firm IDC forecasts the value of the external disk storage market in
Banking, telecommunications and media are the top three big spenders, contributing more than half of the overall external disk storage market.
Mr Marrut said the country's economic slowdown and political uncertainty have diminished enterprise IT spending in the second half this year. But he was confident
The company is the group's third-best revenue performer in Asean after Singapore and
Mr Marrut believes media and entertainment will be the two big spenders in data storage next year, surpassing telecoms for the first time thanks to the imminent auction for digital TV licences. These two sectors are expected to consume more bandwidth, resulting in strong revenue for local telecom and IT companies.
Financial institutions, insurance firms and the government will remain major IT spenders next year, he said.
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