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As SaaS storage services grow in popularity can we actually expect to see a decrease in how much storage is purchased by companies?

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As SaaS storage services grow in popularity can we actually expect to see a decrease in how much storage is purchased by companies?

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Near term you won’t see a big difference. But over the long term, as more and more services are established in the cloud, there will be a shift toward higher spending for storage by service providers and by enterprises. But this will be a very gradual process. Financial services companies have been quick to adopt SaaS. Slowly but surely, other companies will get into it. So it’s not anything we’re going to see overnight, but eventually there will be less need for equipment being purchased by companies and more on the service provider side.

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