Seagate Technology Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS and CLOUD TOP 500 Market Report

1496 Seagate Technology

Seagate Technology Strengths, Domain Expertise, and Key Differentiators

Seagate's commitment to innovation, sustainability, and customer-centricity positions it as a leading player in the IT market. By pushing the boundaries of what's possible, Seagate empowers organizations to harness the full potential of their data, driving growth, efficiency, and competitiveness in the digital age. Innovation is the cornerstone of Seagate's operations, where state-of-the-art nanoscale engineering and material science converge to drive breakthroughs in storage technology. With a steadfast commitment to circularity and sustainability, Seagate's products not only excel in performance but also contribute to environmental conservation. Seagate's industry-leading areal density sets it apart, empowering a comprehensive portfolio of devices, systems, and services tailored to diverse data-driven ecosystems. From edge computing to cloud infrastructure, Seagate's solutions are designed to meet the evolving needs of businesses and organizations across sectors.

Seagate Technology Recent Developments

Seagate, a leader in the storage industry, unveiled a groundbreaking advancement that signals a new era in storage technology. The company introduced the Mozaic 3+™ hard drive platform, showcasing their pioneering implementation of Heat-Assisted Magnetic Recording (HAMR) technology. This launch represents a significant milestone, boasting unprecedented areal densities of 3TB+ per platter—a feat that promises to redefine storage capabilities. With the Mozaic 3+ platform, Seagate outlines an ambitious roadmap, aiming to achieve even higher capacities of 4TB+ and 5TB+ per platter in the coming years. This trajectory underscores Seagate's commitment to pushing the boundaries of storage innovation and meeting the evolving needs of the market.

In 2023, Seagate expanded its offerings by introducing a 5U form factor, catering to M&E companies with space constraints. This compact design not only facilitates integration into smaller racks but also extends hyperscale efficiencies to diverse data center environments. With rapid deployment, streamlined data management, and minimal human intervention, the Exos CORVAULT 5U84 empowers M&E data centers to achieve optimal performance while minimizing operational complexities.

Seagate Technology Holdings plc has made a significant stride in the cloud storage landscape with the introduction of its premier cloud storage-as-a-service platform, Lyveâ„¢ Cloud, in Singapore. The platform, known for its simplicity, flexibility, and cost predictability, has garnered substantial traction since its debut in the United States last year, demonstrating remarkable potential for businesses of all sizes.

Seagate Technology Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Seagate Technology applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Seagate Technology and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Seagate Store, Seagate EVault customers.

Seagate Technology Overview

38/39 Fitzwilliam Square

Dublin, x, D02 NX53, Ireland

353 1 234 3136

https://www.seagate.com/


Ownership: - NASDAQ: STX

Number of Employees: 33400

Functional Markets: ,

Key Verticals: Distribution, Manufacturing, Retail,

Seagate Technology Key Enterprise and Cloud Applications

Seagate Store, Seagate EVault

Seagate Technology Revenues, $M:

Type/Year20222023YoY Growth, %
Total Revenues, $M Subscribe Subscribe Subscribe
Enterprise Applications Revenues, $M Subscribe Subscribe Subscribe
Cloud Applications Revenues, $M Subscribe Subscribe Subscribe

* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.

Seagate Technology Revenue Breakdown By Type, $M:

TypeLicenseServicesHardwareS&MSaaSPaaSIaaSOtherTotal
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe 100%
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe

Seagate Technology Revenues By Region, $M

Region% of Total Revenues2023 Total Revenues, $M2023 Enterprise Applications Revenues, $M2023 Cloud Applications Revenues, $M
Americas Subscribe Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe Subscribe

Seagate Technology Direct vs Indirect sales

RegionDirect SalesIndirect SalesTotal
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

Seagate Technology Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Seagate Technology Customers


No. of Seagate Technology Customers: x

No. of Seagate Technology Enterprise Applications Customers: x

No. of Seagate Technology Cloud Customers: x

No. of Seagate Technology Cloud Subscribers: x


Seagate's customer dynamics offer a microcosm of the broader shifts reverberating throughout the IT landscape. As Industry and IT Market Analysts, it is imperative to dissect these dynamics meticulously, uncovering hidden patterns that dictate market trajectories. By staying attuned to customer nuances and market signals, stakeholders can navigate through turbulent waters with resilience and foresight. Segmentation of Seagate's customers by industry elucidates varying degrees of reliance on storage solutions. Industries such as finance, healthcare, and entertainment exhibit distinct patterns of demand, necessitating tailored approaches to cater to specific needs.

Seagate Technology Market Opportunities, M&A and Geo Expansions

Seagate Technology and QNAP Systems Inc. have unveiled their cutting-edge integrated portfolio of storage solutions. This strategic alliance announced amidst a flurry of industry developments, underscores a significant step forward in the realm of data storage infrastructure. The joint offering comprises a comprehensive suite of edge-to-cloud enterprise storage solutions meticulously crafted to meet the evolving needs of modern businesses. At its core lies Seagate's heralded IronWolfâ„¢ Pro Hard Drives (HDD), seamlessly integrated with QNAP's high-capacity NAS solutions featuring Exosâ„¢ E series JBOD systems. This integration is further complemented by the inclusion of Seagate Lyveâ„¢ Cloud, providing a holistic approach to data management.

The introduction of Seagate's Exos X24 series represents a significant milestone in the evolution of storage technology, offering a glimpse into the future of data management and analytics. For stakeholders across the IT industry, from cloud service providers to enterprise IT departments.

Seagate Technology Risks and Challenges

Seagate Technology, a prominent player in the IT market, has been actively pursuing strategic initiatives such as acquisitions, divestitures, and alliances to bolster its position in the industry. However, while these maneuvers hold promise for enhancing market presence and driving financial growth, they are not without their share of risks. One of the primary concerns revolves around the potential mismatch between anticipated benefits and actual outcomes. Market dynamics, unforeseen costs, or challenges in integration could thwart Seagate's efforts to realize expected profits from its strategic moves. This discrepancy poses a considerable threat to the company's financial performance and investor confidence. Furthermore, venturing into new transactions exposes Seagate to significant liabilities, especially if due diligence fails to uncover critical issues. In such instances, the company may be compelled to resort to issuing stocks or incurring debt, adversely impacting shareholder value and financial stability. The risk landscape extends beyond financial implications. The integration of acquired entities poses operational challenges that, if mishandled, could disrupt Seagate's core operations. This disruption may necessitate substantial internal development efforts to maintain competitiveness, further straining resources and impeding growth objectives.

Seagate Technology Ecosystem, Partners, Resellers and SI

Seagate has meticulously crafted an ecosystem of industry giants to amplify its product offerings and cater to diverse consumer needs. Through collaborations with tech titans such as Microsoft, Amazon, Insight, Adorama, and others, Seagate delivers an unparalleled range of storage solutions, from sleek and portable drives to high-performance systems tailored for gaming, NAS, surveillance, and beyond. The symbiotic relationship between Seagate and its ecosystem partners fosters a dynamic network effect, propelling the convergence of cutting-edge technologies and driving market competitiveness. Leveraging the expertise and resources of these strategic allies, Seagate ensures that its storage solutions not only meet but exceed the expectations of modern consumers, who demand reliability, speed, and versatility in their digital experiences.

Seagate Technology Cloud Infrastructure Insights

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  • Seagate Technology Public Cloud and Infrastructure (IaaS)
  • Seagate Technology Platform (PaaS)
  • Seagate Technology Application Delivery
  • Seagate Technology Private Cloud and Data Centers

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.


Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).


For additional information on our methodologies, here's the link:

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