E-Business
Worldwide PBBA Market Revenue Breaks $1Bn Mark
![IDC_logo.jpg](https://www.nigeriacommunicationsweek.com.ng/wp-content/uploads/2015/03/IDC_logo_87.jpg)
Worldwide purpose-built backup appliance (PBBA) factory revenues grew 3.0% year over year totaling $1.0 billion in the fourth quarter of 2014 (4Q14), according to the International Data Corporation (IDC) Worldwide Quarterly Purpose-Built Backup Appliance Tracker.
For the full year, factory revenue was up 4.0%, to $3.26 billion in 2014.
Total PBBA open systems factory revenue increased 3.4% year over year in 4Q14 with revenues totaling $902.2 million while the mainframe market experienced a decline of -0.8% for the same period.
Total worldwide PBBA capacity shipped, for 4Q14, reached 924 petabytes, an increase of 40.3% year over year, while annual capacity was up 42.8% to 2.68 exabytes.
“Growth in the worldwide PBBA market remained strong in the fourth quarter, hitting the billion dollar mark for the first time in a given quarter,” said Liz Conner, Research Manager, Storage Systems. “An advancement of software features, allowing for greater flexibility, data tiering, file sharing, and data analytics, as well as an increase in integrated systems and a wider geographical dispersion have resulted in PBBA systems being recognized by end users as an integral part of their data protection strategy.”
Total Worldwide PBBA 4Q14 Results
EMC maintained its lead in the overall PBBA market with 63.8% revenue share in the fourth quarter, followed by Symantec with 11.5% share.
IBM and HP posted 6.7% and 4.0% market share, respectively. Quantum retained the number 5 PBBA vendor position with a 2.3% share of the worldwide market.
Total Worldwide PBBA 2014 Results
EMC maintained its lead in the overall PBBA market with 62.3% revenue share in 2014, followed by Symantec with 12.8% share. IBM and HP posted 6.3% and 4.1% market share, respectively. Quantum moved into the number 5 PBBA vendor position with a 2.2% share of the worldwide market.
IDC defines a purpose-built backup appliance (PBBA) as a standalone disk-based solution that utilizes software, disk arrays, server engine(s), or nodes that are used for a target for backup data and specifically data coming from a backup application (e.g., NetWorker, NetBackup, TSM, and Backup Exec) or can be tightly integrated with the backup software to catalog, index, schedule, and perform data movement.
The PBBA products are deployed in standalone configurations or as gateways. PBBA solutions deployed in a gateway configuration connect to and store backup data on general-purpose storage.
Here, the gateway device is serving as the component that is purpose built solely for backup and not for supporting any other workload or application.
Regardless of packaging (as an appliance or gateway), PBBAs can have multiple interfaces or protocols.
Also, PBBAs often can provide and receive replication to or from remote sites and a secondary PBBA for the purpose of disaster recovery (DR).
IDC’s Worldwide Quarterly Purpose Built Backup Appliance Tracker provides vendor share, market size, and forecasts for purpose-built backup appliances.
IDC provides key market insights and growth for vendors participating in the PBBA market as well as those that may introduce new products. Revenue and capacity for disk systems behind PBBA gateways is included in the PBBA market sizing and also in the forecast.
Some PBBA solutions integrate the data movement engine (backup application) with the appliance, while others serve as only a target for incoming backup application data. Both solutions are included in the PBBA market sizing, although segmentation between the two product categories is provided.
International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets.
With more than 1,100 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries.
IDC’s analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives.
E-Business
Schmidt, Ex Google Chief Says AI Risky in Terrorist Hands
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Eric Schmidt, former Google CEO has expressed concerns about the extreme risks posed by artificial intelligence (AI) falling into the hands of terrorists or rogue states.
![Schmidt, Ex Google Chief Says AI Risky in Terrorist Hands](https://i0.wp.com/www.nigeriacommunicationsweek.com.ng/wp-content/uploads/2025/02/Eric-Schmidt.jpg?resize=573%2C254&ssl=1)
Eric Schmidt, former Google CEO
He warned that nations such as North Korea, Iran, and Russia could adopt AI technologies to develop weapons capable of causing significant harm, including biological weapons.
Schmidt urged governments to oversee private tech companies, emphasising, “The real fears I have are not the ones most people discuss about AI, I talk about extreme risk.”
“I’m always worried about an ‘Osama Bin Laden’ scenario, where truly evil individuals take control of some aspect of modern life to harm innocent people,” he added.
With private companies driving AI advancements, he stressed the need for careful government monitoring and regulation. “It’s really important that governments understand what we’re doing and keep their eye on us,” he said.
His remarks followed a two-day AI summit in Paris, where the UK and the U.S. declined to sign a communiqué outlining the future direction of AI. The declaration on “inclusive and sustainable artificial intelligence for people and the planet” was endorsed by 57 countries, including India, China, the Vatican, the EU, and the African Union Commission.
The UK justified its decision, stating that the agreement lacked “practical clarity” on global AI governance and national security concerns.
Schmidt supports U.S. export controls restricting the sale of advanced AI microchips to certain countries, aiming to slow adversaries’ progress in AI research.
He also highlights the importance of international collaboration on AI safety, suggesting that cooperation with nations like China is essential to addressing global AI challenges.
E-Business
OpenAI CEO Rejects $97.4Bn Takeover Bid from Elon Musk
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Sam Altman, chief executive of ChatGPT-owner OpenAI, has firmly declared the company “not for sale” following a $97.4bn (£78.4bn) takeover bid from a consortium led by Elon Musk.
![OpenAI CEO Rejects $97.4Bn Takeover Bid from Elon Musk](https://i0.wp.com/www.nigeriacommunicationsweek.com.ng/wp-content/uploads/2022/04/Elon-Musk.jpg?resize=563%2C229&ssl=1)
Elon Musk
Speaking at the AI Action Summit in Paris, Altman emphasised OpenAI’s mission to develop AGI (artificial general intelligence) for the benefit of humanity.
Marc Toberoff, attorney for Elon Musk, confirmed the bid submission on Monday.
In response, Altman humorously offered to buy Twitter for $9.74 billion on Musk’s platform.
Unlike many tech giants, OpenAI is not publicly traded but operates through a complex partnership between non-profit and for-profit entities.
Musk aims to return OpenAI to its non-profit roots, despite owning a rival firm, xAI.
Christie Pitts, a tech investor, expressed scepticism about Musk’s intentions, noting his competitive interests.
Altman echoed this sentiment, suggesting Musk’s move disregards OpenAI’s mission.
Altman, who holds no stock in OpenAI, advocates transforming the organisation into a fully for-profit company to raise more funds for AI research.
Although the board has the final say, the $97.4bn offer falls short of OpenAI’s previous $157bn valuation and rumoured $300bn in future funding talks.
Toberoff stated the consortium might increase their bid. Meanwhile, OpenAI is collaborating with Oracle, a Japanese investment firm, and an Emirati sovereign wealth fund on “The Stargate Project,” a $500 billion AI infrastructure initiative announced by President Donald Trump.
E-Business
Adobe Launches AI Video Tool to Compete with OpenAI
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Adobe yesterday released the first public version of an artificial intelligence tool that can generate video clips and revealed how much it will charge, but said it will not set pricing for major users such as studios until later this year.
The Firefly Video Model, as Adobe is calling the service, will compete against Sora, a model developed by ChatGPT creator OpenAI, and startup Runway, both of which currently offer video-generation services. Facebook owner Meta Platforms has also developed a video-generation AI model but has not given a timeline for when it will be released.
Adobe’s model differs from its rivals because it is geared toward generating clips that will fit into how film and television studios use Premiere Pro, its flagship video editing software.
To that end, many of the features that Adobe is emphasizing revolve around feeding existing shots into the video model and asking it to generate clips that fix or expand on shots that were taken on a real production set but that did not come out quite right.
Adobe said the service will generate five-second clips at 1080p resolution. While that is shorter than the clips of up to 20 seconds generated by OpenAI’s service, Adobe executives said the majority of individual clips in most productions are only three seconds.
Adobe said a user can generate 20 clips per month for $9.99 and 70 clips for $29.99. That compares with 50 videos for $20 per month with OpenAI’s plan at lower resolution and a $200 OpenAI plan that can handle longer, higher resolution videos.
Adobe is also working on a “Premium” pricing plan for studios and other high-volume video users and will release those pricing details later this year. Alexandru Costin, Adobe’s vice president of generative AI, said the company is working to generate 4K video and will remain focused on quality rather than longer clips.
“We actually think that great motion, great structure, great definition scheme, making the actual clip look like it was film, is more important than making a longer clip that’s unusable,” Costin told Reuters.
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