ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Seagate Awarded 2023 Flash Memory Summit’s Best of Show for Most Innovative Sustainability Technology in Data Center Storage

Seagate® Technology Holdings plc (NASDAQ: STX), a world leader in mass-data storage infrastructure solutions, was selected as the Best of Show Award winner for Most Innovative Sustainability Technology in the Data Center Storage Category at the 2023 Flash Memory Summit.

“Circularity strategies have great success in extending the life of data storage devices,” said Jay Kramer, chairman of the awards program and president of Network Storage Advisors. “This translates into the compelling results of energy efficiency, reduction of product labor, elimination of component shortages and decreased shipping, to all create an overall sustainability strategy. We are proud to recognize the Seagate Circularity Program for extending the life of over 1 million hard disk drives and solid-state drives through refurbishment and redeployment this past year.”

Announced earlier this year in the company’s Sustainable Datasphere FY2022 ESG Performance Report, Seagate extended the lives of 1.16 million hard drives and solid-state drives in FY2022. These drives were recovered through refurbishment and redeployment, preventing over 540 metric tons of e-waste1 from going to the landfill.

Additionally, Seagate staked its impact on circularity and environmental leadership by cofounding the Circular Drive Initiative (CDI), a collaboration of global leaders in digital storage, sustainability, and blockchain focusing on reducing e-waste by enabling the secure reuse of storage hardware.

To learn more about Seagate’s sustainability efforts, please visit our ESG page.

About Seagate

Seagate Technology is the leading innovator of mass-capacity data storage solutions. We create breakthrough technology so you can confidently store your data and easily unlock its value. Founded 45 years ago, Seagate has shipped over four billion terabytes of data capacity and offers a full portfolio of storage devices, systems, and services from edge to cloud. To learn more about how Seagate leads storage innovation, visit www.seagate.com and our blog, or follow us on Twitter, Facebook, LinkedIn, and YouTube.

1 Assuming each drive is an average weight of 465g

©2023 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.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.