Back to News
Market Impact: 0.2
Businesses finally seeing AI ROI, but 62% can’t handle the storage demands
Source: ZDNET
Artificial IntelligenceTechnology & InnovationCompany Fundamentals
A Seagate study found that 99% of IT leaders expect AI to increase data-storage requirements, while only 38% say they are prepared to meet those needs. The 61-percentage-point readiness gap signals potential demand tailwinds for storage infrastructure but also highlights implementation and capacity constraints for enterprise IT.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
mixed
Sentiment Score
0.05
Ticker Sentiment
STX0.55
More News
- Sectors bracing for a pivot as US midterm elections loom
- Marvell, Lumentum tout historic $115B deal to create ‘category leader' in AI connectivity
- Palantir reports booming U.S. commercial revenue growth, topping government for first time
- New Apple CEO John Ternus chalks up some early wins, but the honeymoon is over
- Anthropic releases amended IPO prospectus with third-quarter financials
- Coinbase has been battered over the past month. Morgan Stanley says steer clear