Seagate and Baidu Sign Strategic Cooperation Agreement for Big Data Analysis and Advanced Storage Implementation
September 18 2017 - 4:00AM
Business Wire
Seagate Technology plc (NASDAQ: STX), a world leader in storage
solutions, today announced the signing of a strategic cooperation
agreement with Baidu (NASDAQ: BIDU), the leading Chinese language
internet search provider, covering the fields of information
technology, big data analysis and advanced storage system
development and implementation.
The pact renews an existing agreement between the two firms
signed in September 2014, under which Baidu would give priority to
Seagate when selecting storage products and solutions, and Seagate
would give advanced access to products, services and support to
Baidu, as well as assign a dedicated team of engineers to the
company.
The cooperation between the two parties builds on this, with
Seagate providing double the amount of technical cooperation, and
closer links to Baidu for its business needs. With regard to new
products, Baidu will be at the forefront of Internet users in China
implementing Seagate’s new storage products, and also the two sides
will jointly develop customized systems to meet Baidu business
needs. In addition, the procurement model for both companies will
be further upgraded to save costs for each side.
The series of profound collaboration and mutual support between
Seagate and Baidu is essential to win in the era of big data. It is
predicted by International Data Corporation (IDC) that by 2025, the
global data sphere will grow to 163ZB, which is 10 times the 16.1ZB
data generated in 2016. By then, nearly 20 percent of the data in
the global data sphere will be critical to our daily lives and
nearly 10 percent of that will be hypercritical. This data will
unlock unique user experiences and a new world of business
opportunities. How to effectively store and make use of massive
data therefore becomes critical.
Baidu is applying Seagate enterprise drives for its proprietary
data center and public cloud platform. Due to their close link and
cooperation, Seagate won the “Baidu Data Center 2016 Outstanding
Partner Award” at the Baidu AI Developer Conference, and became the
only provider who won this award among three major component (CPU,
memory, hard disk) providers.
“We’ve been placing great emphasis on the mutual development and
close cooperation with Baidu,” said BS Teh, senior vice president
of global sales and sales operations at Seagate Technology. “As one
of our most important strategic partners, Baidu will continue to
get full support from Seagate, and we will further cooperate at a
deeper level to jointly develop customized high-performance
products to meet Baidu’s business needs.”
“As the top AI technology enterprise with leading data center
technology worldwide, Baidu attached great importance to technology
and welcomes innovation and solutions with open arms,” said Mr.
Zhang Yaqin, president of Baidu. “Baidu and Seagate have maintained
close relations since 2014, and established close technological
cooperation in the field of SMR, cloud storage and Helium hard disk
drives, this contributes to the reduction of storage cost and
improvement of storage quality as well as the enhanced
competitiveness for Baidu. In the future, we also look forward to
deepening cooperation with Seagate in order to solve various
storage challenges in the era of big data, improve storage quality,
efficiency and reliability, provide stronger support to the
development of both companies as well.”
About Seagate
Seagate creates space for the human experience by innovating how
data is stored, shared and used. Learn more at www.seagate.com.
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© 2017 Seagate Technology LLC. All rights reserved. Seagate,
Seagate Technology, and the Spiral logo are registered trademarks
of Seagate Technology LLC in the United States and/or other
countries. All other trademarks or registered trademarks are the
property of their respective owners. When referring to drive
capacity, one gigabyte, or GB, equals one billion bytes and one
terabyte, or TB, equals one trillion bytes. Your computer’s
operating system may use a different standard of measurement and
report a lower capacity. In addition, some of the listed capacity
is used for formatting and other functions, and thus will not be
available for data storage.
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Seagate Technology plcKelly Zhang 86 10
58751926Kelly.G.Zhang@Seagate.com
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