CFOtech UK - Technology news for CFOs & financial decision-makers
United Kingdom

UK Stories

Seagate study: AI to double cloud storage use by 2028
Storage

Seagate study: AI to double cloud storage use by 2028

A Seagate study reveals that 61% of business leaders expect cloud storage usage to double by 2028, driven by the rising demand for AI applications.

By Shannon Williams • 3 min read • Thu, 16th Jan 2025

Global Stories

Wasabi buys Seagate's Lyve Cloud business in storage push
Storage

Wasabi buys Seagate's Lyve Cloud business in storage push

Wasabi to take over Seagate's Lyve Cloud as David Friend's company expands enterprise storage reach and Seagate shifts back to hardware.

By Sofiah Nichole Salivio • 3 min read • Last month
Seagate's Mozaic 4+ HAMR drives target AI data surge
Storage

Seagate's Mozaic 4+ HAMR drives target AI data surge

Seagate begins volume shipments of Mozaic 4+ 44TB HAMR drives to hyperscalers, targeting exploding AI data storage and efficiency demands.

By Joseph Gabriel Lagonsin • 4 min read • Wed, 4th Mar 2026
AI outpaces data privacy, exposing governance gaps
Storage

AI outpaces data privacy, exposing governance gaps

AI investment is surging faster than data privacy and board oversight, leaving storage gaps and weak access controls to fuel rising risk.

By Sofiah Nichole Salivio • 5 min read • Mon, 2nd Feb 2026
Acronis unveils archival storage to aid data compliance
Storage

Acronis unveils archival storage to aid data compliance

Acronis launches encrypted archival storage for MSPs and SMEs, promising rapid access, WORM immutability and predictable long-term pricing.

By Sean Mitchell • 3 min read • Thu, 15th Jan 2026
Seagate rolls out 32TB CMR drives for AI video surge
Storage

Seagate rolls out 32TB CMR drives for AI video surge

Seagate has begun shipping 32TB CMR hard drives for AI-driven video and analytics, targeting edge security, NAS and cloud data centre workloads.

By Melania Watson • 3 min read • Tue, 13th Jan 2026
Seagate unveils energy-efficient Exos storage systems for AI era
Data Analytics

Seagate unveils energy-efficient Exos storage systems for AI era

Seagate launches Exos 4U100 and 4U74, high-density storage systems with up to 3.2PB, boosting energy efficiency and security for AI-driven enterprises.

By Melania Watson • 3 min read • Thu, 13th Nov 2025
Seagate launches Exos storage for AI-ready enterprise workloads
Storage

Seagate launches Exos storage for AI-ready enterprise workloads

Seagate launches Exos 4U100 and 4U74 storage systems offering up to 3.2PB capacity, designed for AI-driven enterprise and edge workloads with improved efficiency.

By Sean Mitchell • 3 min read • Thu, 13th Nov 2025
Acronis & Seagate launch secure archival storage for MSPs
Storage

Acronis & Seagate launch secure archival storage for MSPs

Seagate and Acronis have partnered to offer MSPs secure, scalable archival storage with predictable costs, addressing rising data growth and compliance needs.

By Jed Nykolle Harme • 4 min read • Mon, 22nd Sep 2025
Thomas Coughlin joins SPhotonix to boost 5D data storage push
Seagate

Thomas Coughlin joins SPhotonix to boost 5D data storage push

Thomas Coughlin joins SPhotonix as adviser to advance its 5D Memory Crystal technology for durable, high-density long-term data storage solutions.

By Jed Nykolle Harme • 3 min read • Thu, 17th Jul 2025
Seagate unveils 30TB drives to power AI-ready data centres
Storage

Seagate unveils 30TB drives to power AI-ready data centres

Seagate launches 30TB Exos M and IronWolf Pro drives, boosting scalable AI-ready storage for data centres amid rising global demand and data laws.

By Melvin Hipolito • 5 min read • Tue, 15th Jul 2025
Seagate raises share buyback to USD $5 billion, sets 2028 goals
Storage

Seagate raises share buyback to USD $5 billion, sets 2028 goals

Seagate boosts its share buyback to USD $5 billion, unveiling new 2028 financial goals and plans to lead storage innovation with HAMR technology.

By Melania Watson • 3 min read • Mon, 26th May 2025
Seagate unveils growth strategy, boosts share repurchases to USD $5bn
Digital Transformation

Seagate unveils growth strategy, boosts share repurchases to USD $5bn

Seagate unveils new strategy centred on HAMR tech and Mozaic platform, targeting low-to-mid teens revenue growth and a USD $5 billion share buyback by 2028.

By Sean Mitchell • 4 min read • Fri, 23rd May 2025
AI drives data centre sustainability across the globe
Artificial Intelligence

AI drives data centre sustainability across the globe

Seagate's latest report reveals that 86.7% of Australian data centre professionals anticipate significant sustainability in five years, outpacing global figures.

By Sean Mitchell • 5 min read • Wed, 16th Apr 2025
Exclusive: Seagate's Jeff Park on AI, data growth, and the future of storage
Edge Computing

Exclusive: Seagate's Jeff Park on AI, data growth, and the future of storage

Seagate's Jeff Park warns that AI-driven data demands will double by 2028, challenging firms to rethink storage solutions amid escalating needs.

By Melania Watson • 5 min read • Mon, 10th Mar 2025
AI-driven cloud storage demand set to double by 2028
Storage

AI-driven cloud storage demand set to double by 2028

A survey by Seagate reveals that over half of businesses expect their cloud storage to more than double by 2028, fueled by AI data generation.

By Imee Dequito • 3 min read • Tue, 14th Jan 2025
LaCie's high-capacity portable drives recommended as top picks for students
Marketing Technologies

LaCie's high-capacity portable drives recommended as top picks for students

LaCie's high-capacity external hard drives and SSDs are being highlighted as some of the best tools for managing large volumes of data, ensuring portability and reliability.

By Melania Watson • 2 min read • Mon, 13th Jan 2025
Seagate unveils gaming drives for the holiday season
Gaming

Seagate unveils gaming drives for the holiday season

Seagate has unveiled a new range of gaming hard drives and SSDs, set to enhance the gaming experience this Christmas for gamers across Australia and New Zealand.

By Kaleah Salmon • 2 min read • Tue, 17th Dec 2024