Seagate Technology PLC (NASDAQ:STX) Launches A New Hard Drive Exclusively To Store Video Content


Dallas, Texas 03/14/2014 (FINANCIALSTRENDS) – Seagate Technology PLC (NASDAQ:STX) has announced the launch of a new age video surveillance tool which would come embedded into its hard disk drive and will enable users to do what if analysis by leveraging the BI and other query tools which will come in built into the solution.  These new tech hard disks will represent the seventh generation of the video storage solution that this company has released in the past decade.

The newest video enabled hard disk drive, the company claims will offer the highest storage space among its peers, and will be fully geared to offer its customers a 365 day and across the board access to their surveillance system at a very affordable cost.  The solution which has been brought to the market place keeping in mind the exponentially growing security market which is primarily being driven by the demand for Video enabled applications which companies and individuals alike use to protect themselves and their properties.

The other key segment that  Seagate Technology PLC (NASDAQ:STX) hopes to capture with this device is the security services and the law enforcement agencies, which have continued to increase their investments into video based screening to render effective security cover to public places like airports and boarder monitoring.

Explaining the almost limitless demand for this niche product from across nations, Seagate Technology PLC (NASDAQ:STX)  vice president of marketing Scott Horn has been quoted to have said that, “There is a growing need to analyze and make use of large amounts of video data, including applications where cities can predict and improve traffic flows, airports can reduce wait times, and emergency responders can react faster— the possibilities are endless. We pioneered this market more than a decade ago, delivering the world’s first surveillance HDD.” This new Hard disk being launched is a 3.5 inch drive which capacities of 4 TB.