Seagate Is Banking on Enterprise Data Growth for Long-Term Sales
There has been an industry-wide transition in the storage space over the last few years. The technology shift from HDD (hard disk drives) to SSD (solid state drives) impacted several storage companies. Although Seagate (STX) is one of the top players in the HDD market along with Toshiba and Western Digital (WDC), it has a negligible share in the SSD market.