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Lenovo Storage Innovation and Channel-Centric Strategy Drives Record Growth, Infrastructure Leadership
March 16, 2023 | Business WireEstimated reading time: 1 minute
Lenovo announced new solutions to enable customers to better solve for rapidly growing data management needs, coupled with new milestones in its enterprise storage momentum. For the first time, Lenovo is ranked as the #1 storage provider in the “Price Bands 1-4 (storage <$25K) external storage” category, which represents 61% of the total market for storage device units sold globally1. Lenovo also grew to the #5 storage provider globally in all segments, according to IDC Worldwide Quarterly Enterprise Storage Systems Tracker, 4Q22. Additionally, its new enterprise-class storage solutions deliver significant power efficiency increases and datacenter space savings to help support sustainability goals while new ThinkSystem storage systems help safeguard critical data with advanced ransomware protection. Lenovo’s storage portfolio has experienced significant growth in the last year with an all-time record 138% YTY revenue increase.
Fueled by strong market momentum in edge-to-cloud servers, storage, and software, Lenovo is further transforming into a full-service solutions provider with continued expansion and leadership across a comprehensive infrastructure solutions portfolio. Building on its global leadership among the top three server companies in the world, Lenovo has also seen >100% year-over-year growth in the All-Flash Array (AFA) category and 22%2 growth in midrange storage, further demonstrating Lenovo’s comprehensive data management and storage portfolio is gaining broad market momentum. As part of the company’s overall achievement, Lenovo TruScale Infrastructure as-a-Service also grew more than 600% YOY Year-to-Date.
“Lenovo is committed to being the industry’s most trusted partner and empowering our customers’ intelligent transformation,” said Kirk Skaugen, President of Lenovo Infrastructure Solutions Group. “Our tremendous growth in the market, now becoming the #1 storage provider in price bands <$25K, underscores the trust customers and partners have placed in Lenovo through our channel-centric strategy. The breadth of our data management portfolio is continuing to expand with our recently announced WEKA solutions, custom cloud storage solutions, and an ever-increasing software defined portfolio.”
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