"When you consider that the business leaders we surveyed intend to store more and more of this AI-driven data in the cloud, it appears that cloud services are well-positioned to ride a second growth wave," said Roger Entner, founder and lead analyst of Recon Analytics. This sentiment is reflected in the finding that 61% of respondents expect their storage needs to double over the next three years. The shift towards relying on cloud storage for AI projects confirms the changing landscape of data management as companies adapt to increasing AI-driven demands.
"As AI use cases and adoption become more pervasive, Recon Analytics forecasts companies will see exponential growth in their storage requirements," the report states. This growth stems from longer retention periods, with 90% of current AI users expressing that maintaining data for extended times yields better AI outcomes. The report indicates that understanding these dynamics is crucial for businesses to invest appropriately in storage.
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