Data is the key resource in the digital economy. Huawei Global Industry Vision (GIV), a report that provides quantitative and qualitative analysis about the future of industry and society, predicts that by 2030, humanity will enter the YB data era.
The ability to store data properly and safely is a pressing problem for our digital age, relying on comprehensive data storage power.
Digital economy unleashes the value in data, and data infrastructure fuels the development of the digital economy. Digital infrastructure comprises three important elements – storage, server, and network – requiring a perfect balance to promote long-term, sustainable evolution.
Data lifecycle first stores and uses collected data to provide raw materials for data processing and application. It is transmitted to the physical world to support the digital operations of the economy and society. Then, the data is returned to the storage devices to improve the accuracy and availability of models and algorithms.
Optimal storage facilitates fast computing and stable networks, which ensures digital infrastructure gives full play to data elements, providing optimal digital hardware products and services, and promoting the healthy and orderly development of new industries.
Digital economy
Digital infrastructure
Direct impact
1 USD storage power directly contributes 5 USD to national economies
Indirect impact
1 USD data storage power indirectly contributes 8 USD to national economies
Induced impact
1 USD data storage power contributes 30 to 40 USD to national economies overall
Direct Impact on the ICT Infrastructure Industry: Faster Economic and Employment Growth
The direct impact is the economic and social value created by digital infrastructure.
Data storage power investment covers purchase and construction of data storage hardware and auxiliary devices, subscription and development of data storage management software, and routine maintenance, which create job opportunities for local population.
What's more, data storage supply enterprises launch internal and external training programs to enable users. This not only improves the quality of local workers but also develop versatile talent to meet the requirements of the digital era.
Data is the key resource in the digital economy. Huawei Global Industry Vision (GIV), a report that provides quantitative and qualitative analysis about the future of industry and society, predicts that by 2030, humanity will enter the YB data era.
The ability to store data properly and safely is a pressing problem for our digital age, relying on comprehensive data storage power.
Digital economy unleashes the value in data, and data infrastructure fuels the development of the digital economy. Digital infrastructure comprises three important elements – storage, server, and network – requiring a perfect balance to promote long-term, sustainable evolution.
Data lifecycle first stores and uses collected data to provide raw materials for data processing and application. It is transmitted to the physical world to support the digital operations of the economy and society. Then, the data is returned to the storage devices to improve the accuracy and availability of models and algorithms.
Optimal storage facilitates fast computing and stable networks, which ensures digital infrastructure gives full play to data elements, providing optimal digital hardware products and services, and promoting the healthy and orderly development of new industries.
Digital economy
Digital infrastructure
Direct impact
The direct impact is the economic and social value created by digital infrastructure.
Data storage power investment covers purchase and construction of data storage hardware and auxiliary devices, subscription and development of data storage management software, and routine maintenance, which create job opportunities for local population.
What's more, data storage supply enterprises launch internal and external training programs to enable users. This not only improves the quality of local workers but also develop versatile talent to meet the requirements of the digital era.
Indirect impact
The indirect impact means the value produced by relevant data production activities with the data storage infrastructure purchased by users.
The deployment of data storage by enterprises improves business operation efficiency, facilitates enterprise development, and improves resource utilization. This kind of investment brings in more revenue for enterprises and improves the working environment.
Induced impact
Data storage power construction underpins digital infrastructure and digital economy development, and the economic activities related to them will eventually affect every one, family, and organization.
Therefore, the induced impact covers all the impact generated by all kinds of government, society, and enterprise data applications across the society. For the US$30–40 national economy growth contributed by every US$1 data storage power, it includes not only GDP growth, but also the improvement of urban governance, enterprise service supply, and citizens' livelihood.
Storage capacity is the core of the data storage power, critical to optimal performance, reliability, and low carbon. This White Paper measures data storage power's level of development from two perspectives: effectiveness and support. The level of development will then be refined to 35 three-level indicators across four directions. This system will help governments and enterprises to comprehensively evaluate their own data storage power development and inform decisions during data storage power construction.
Magnitude
Efficiency
Groundwork
Advancement
Data storage capacity per unit of GDP
This indicator measures whether the storage capacity of a country/region matches its digital economy development degree and the data amount generated.
Total data storage capacity/GDP of
a country or region in a year
(GB/US$ 10,000)
Adequacy of storage capacity
This indicator measures whether the storage capacity of a country/region matches its data amount.
Data storage capacity/Total data amount of a country or region produced in a year
(%)
Growth rate of storage capacity investment
This indicator measures whether a country/region's storage investment matches its data growth and whether this investment supports this country/region to deploy cutting-edge technologies.
Data storage investment of the current year/Data storage investment of the last year of a country or region
(%)
Magnitude
Efficiency
Groundwork
Advancement
Data center storage capacity
This indicator reflects the total storage capacity provided by a data center.
Total capacity of all kinds of storage equipment in a data center
(EB)
Adequacy of storage capacity
This indicator reflects to what extent the data generated in a data center is stored during peak hours.
Storage capacity/Estimated peak data volume of a data center
(%)
Growth rate of storage capacity investment
This indicator measures whether a data center's storage investment matches its data growth and whether this investment supports this data center to deploy cutting-edge technologies.
Data storage investment of the current year/Data storage investment of the last year
(%)
Magnitude
Efficiency
Groundwork
Advancement
Data storage power indicator matrix for regional development
Data storage power indicator matrix for data center construction
Data storage power indicator matrix for storage devices
The research scope covers 20 countries and regions at different stages of development, and compares their storage power using eight indicators. The results show that these 20 countries and regions all have individual advantages in eight indicators and no country or region shows an overwhelmingly high advantage. A comprehensive data storage power indicator matrix helps identify both advantages and disadvantages in data storage power development, helping public and private bodies accelerate the construction of comprehensive data storage power and
support all-round development of the economy and society.
Magnitude
Efficiency
Groundwork
Advancement
Data storage power industries cannot develop without a supportive macro environment. The indicator assessment results show that,
although each country has its own advantages in data storage power, there is room for improvement. It is recommended to develop
the data storage power from three major aspects: policies, support programs, and market development.
Policies
Formulate specific strategies or guidelines specific to the data storage industry; incorporate the storage power measurement system to the specific indicators during planning.
Combine storage with computing and the network during digital infrastructure construction and data security protection.
Support programs
Build storage-centered industrial parks and proof-of-concept zones, as well as support demonstration enterprises and projects.
Improve the widespread availability of public storage resources.
Market development
Governments must take the lead and promote and construct e-government clouds, Smart City projects, and data center infrastructure.
Promote cooperation between enterprises, universities, and research institutes across the entire storage industry chain.
Create an industry talent pool.
Policies
Formulate specific strategies or guidelines specific to the data storage industry. Incorporate storage power measurement systems in the specific indicators during planning.
Combine storage with computing and the network during digital infrastructure construction and data security protection.
Support programs
Build storage-centered industrial parks and proof-of-concept zones, as well as support demonstration enterprises and projects.
Improve the widespread availability of public storage resources.
Market development
Governments must take the lead and promote and construct e-government clouds, Smart City projects, and data center infrastructure.
Promote cooperation between enterprises, universities, and research institutes across the entire storage industry chain.
Create an industry talent pool.
Data Storage Power White Paper
Download the White Paper
Data Storage Power White Paper
Download the White Paper