Information storage and management has seen double digit growth over the last 2-3 years because of the following trends and opportunities:

• Information explosion - The top five factors driving the need for increased storage capacity are: email, business growth, increased files sizes and new employees. Unstructured information is growing at almost 100 percent a year.

• Increased demand by SMEs - Information and application boom is happening not only within large organizations but is growing faster in mid and small businesses. In India, SMEs have emerged as a key vertical for storage solutions and services market. There are approx. 46,000 SMEs in India and all of them are looking to increase their spend on IT and especially storage.

• Regulatory compliance - Growth for enterprise storage has been triggered by regulations like the Sarbanes-Oxley Act, HIPAA, Basel II, and RBI and SEBI Guidelines which mandates companies to store data for a few years.  

• Enterprise applications - CRM have also been driving growth in a big way apart form other e-commerce applications.