Willi Song, president of Huawei's European Enterprise Business, emphasizes the company's commitment to flash storage at the Innovative Data Infrastructure Forum in Munich. This long-term strategy aims to harness the efficiency, scalability, and cost-effectiveness of flash technology, crucial for enterprises facing rising expenses in AI applications. Competitors like Pure Storage and NetApp are also expanding their flash offerings, with the all-flash array market predicted to grow from $14.59 billion in 2023 to $74 billion by 2032. Huawei's investment in R&D and collaborative projects strengthens its position amid fierce competition from industry giants.
Some data storage vendors, they've got less investment than Huawei - because the data storage market was occupied by public cloud. But what we've been seeing is that the importance of data will be emphasized more and more.
The all-flash array market is booming, reaching a value of $14.59 billion in 2023 and expected to reach over $74 billion by 2032.
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