By our estimates, AWS will generate around $9B in storage revenue this year and is now the second largest supplier of enterprise storage behind Dell. We believe AWS storage revenue will surpass $11B in 2022 and continue to outpace on-prem storage growth by more than 1,000 basis points for the next three to four years. At its third annual Storage Day event, AWS signaled a continued drive to think differently about data storage and transform the way customers migrate, manage and add value to their data over the next decade.\xa0
In this Breaking Analysis Dave will give a brief overview of what we learned at AWS\u2019 Storage Day, share our assessment of the big announcement of the day \u2013 a deal with NetApp to run the full ONTAP stack natively in the cloud as a managed service \u2013 and share some new data on how we see the market evolving.\xa0