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EMC Extends Storage Software Revenue Lead For 7th Consecutive Quarter

  • 13 September, 2005 11:15

<p>Analyst Firm Reports #1 EMC Outpaces Growth of Overall Market; EMC Represents Nearly 34 per cent of Overall Market Revenue Growth</p>
<p>SYDNEY, Australia – September 13, 2005 – EMC Corporation, the world leader in information storage and management, extended its storage software revenue lead for the seventh consecutive quarter in the second quarter of 2005, according to a report released today by IDC [a]. #1 EMC had 30.6 per cent revenue share in the second quarter, widening its storage software lead to more than 10 share points and growing revenue nearly twice as fast as the closest competitor on a year-over-year basis.</p>
<p>Howard Elias, EMC’s executive vice president of Corporate Marketing and Office of Technology, said, “EMC’s heritage – and where we continue to focus – is all around information. EMC sits at the core of our customers’ ability to manage and protect information throughout its lifecycle while helping to reduce overall IT costs, driving complexity and rigidity out of their IT infrastructures and taking advantage of change. EMC’s continued focus and innovation allowed it to outpace the total storage software market once again and extend its lead over the competition.”</p>
<p>“Information protection, recovery and archival continues to be a top priority for customers and the hottest growth segment within storage management software,” continued Elias. “EMC achieved its strongest year-over-year revenue gains during the quarter within the Replication and Backup and Archive software segments, significantly outpacing the market growth rates in both segments. EMC has been expanding its portfolio of information protection products to enable customers to meet a wider range of recovery point and recovery time objectives.”</p>
<p>Second Quarter Highlights</p>
<p>IDC reported that EMC grew its storage software revenue 13.1 per cent in the second quarter. EMC continued to be #1 in the Storage Resource Management (SRM) and Replication software segments. In the Backup and Archive software segment, EMC gained 1.2 share points and outpaced the overall growth of the market. EMC closed the gap on the segment leader for the third consecutive quarter in the Backup and Archive segment, with the fastest revenue growth among the top four vendors.</p>
<p>According to IDC, #1 EMC extended its lead in the SRM software segment to 49.9 per cent revenue share, more than four times the share of its closest competitor. #1 EMC grew Replication software revenues 31.6 per cent in the quarter to extend its lead to 40.6 per cent revenue share, more than 2.5 times the share of its closest competitor. EMC grew its Backup and Archive revenues 19.7 per cent, more than twice as fast as the overall market, to 13.6 per cent revenue share.</p>
<p>Information lifecycle management (ILM) is driven in large part by software-enabled intelligence in the information infrastructure. EMC’s software offering includes a wide range of products to address customers’ most pressing needs for consolidation, business continuity, recovery and archive, compliance, content management, virtualisation, resource management and data protection.</p>
<p>About EMC</p>
<p>EMC Corporation (NYSE: EMC) is the world leader in products, services and solutions for information storage and management that help organisations extract the maximum value from their information, at the lowest total cost, across every point in the information lifecycle. Information about EMC’s products and services can be found at</p>
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<p>EMC is a registered trademark of EMC Corporation. Other trademarks are the property of their respective owners.</p>
<p>[a] Source: IDC’s Worldwide Quarterly Storage Software Tracker Q2 2005; all comparisons included in this release are year over year unless noted.</p>
<p>This release contains “forward-looking statements” as defined under the Federal Securities Laws. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to: (i) adverse changes in general economic or market conditions; (ii) delays or reductions in information technology spending; (iii) risks associated with acquisitions and investments, including the challenges and costs of integration, restructuring and achieving anticipated synergies; (iv) competitive factors, including but not limited to pricing pressures and new product introductions; (v) the relative and varying rates of product price and component cost declines and the volume and mixture of product and services revenues; (vi) component and product quality and availability; (vii) the transition to new products, the uncertainty of customer acceptance of new product offerings and rapid technological and market change; (viii) insufficient, excess or obsolete inventory; (ix) war or acts of terrorism; (x) the ability to attract and retain highly qualified employees; (xi) fluctuating currency exchange rates; and (xii) other one-time events and other important factors disclosed previously and from time to time in EMC’s filings with the U.S. Securities and Exchange Commission. EMC disclaims any obligation to update any such forward-looking statements after the date of this release.</p>
<p>Marty Filipowski / Daniel Fitzpatrick
Spectrum Communications
+61 2 9954 3299</p>

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