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Information Technology News Storage software market has solid quarter of growth
Information Technology News Storage software market has solid quarter of growth | Storage software market has solid quarter of growth |
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| by Stan Beer | |
| Wednesday, 13 September 2006 | |
  
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In the second quarter, the storage replication segment demonstrated 13.2% year-over-year growth. In addition, the smaller but fast-growing archive and hierarchical storage management (HSM) market posted 32.0% year-over-year growth. "Buyers are particularly interested in replication software to help ensure that their disaster recovery and business continuity plans are viable, in planning for recovery from any unwelcome and unpredictable events that might occur," Phillips noted. EMC led the overall market in the second quarter with 26.4% revenue share. Symantec took the number 2 position with 18.9% revenue share, while IBM finished third overall with 12.5% revenue share. Network Appliance finished in the number 4 position with 9.0% revenue share. HP and CA rounded out the top 5 in a statistical tie with 5.7% and 5.6% revenue share, respectively. Three out of the top 5 vendors (Network Appliance, IBM, and CA) posted robust results for the quarter with more than 25% year-over-year revenue growth each. {moscomment} |
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