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EMC Widens Lead As World's Number One Supplier Of Storage Software, Report Says

  • 14 September, 2004 12:08

<p>Number One EMC Commands More Than 4x the Share of Its Nearest Competitor in Both Storage Replication and Storage Resource Management Functional Markets</p>
<p>HOPKINTON, Mass. – 14 September, 2004 - EMC Corporation, the world leader in information storage and management, extended its worldwide storage software lead again in the second quarter of 2004 to 32.5 per cent revenue share, according to a new report released today by IDC.* During the quarter EMC grew storage software revenue nearly twice as fast as the total market and gained more revenue share than any other supplier to further solidify its position as the world's number one storage software company. On a year-on-year basis, EMC expanded its revenue share lead over the second largest storage software provider (Veritas) for the third consecutive quarter, widening the gap to 9.9 share points as organisations implemented EMC software to advance their information lifecycle management (ILM) strategies.</p>
<p>Howard Elias, EMC's Executive Vice President of Corporate Marketing, Office of Technology, said, "EMC software is bringing ILM to life for our customers around the world seeking an efficient and proven approach to managing their growing volumes of information. IDC's findings further validate that ILM, coupled with best-of-breed products and consistent execution on the part of EMC and its partners, is creating tremendous demand and momentum for our solutions in the marketplace."</p>
<p>According to IDC's estimates for the second quarter, EMC storage software revenue grew 30.5 per cent, gaining 3.4 points of share. EMC also grew its revenue share in the Storage Replication and Storage Resource Management functional markets to lead with 43.1 per cent and 56.2 per cent share, respectively. In the Backup and Archive functional market EMC gained revenue share in the most recent quarter to rank third overall. During the first half of 2004 number one EMC also gained revenue share in the total storage software market, growing revenue 31.7 per cent to lead with 31.2 per cent share.</p>
<p>"EMC's software leadership is reflective of our broad product depth across protection and recovery, data movement, information management, content management, and information infrastructure management solutions," added Elias. "Every class of EMC software is both highly scalable and rich in functionality to support enterprise environments from the modest to the most demanding. EMC's support of open standards and shared application programming interfaces also enables its software to be optimised for use in multi-vendor storage environments, while improving the ease of doing business with EMC for its customers and partners."</p>
<p>About EMC
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 www.EMC.com.</p>
<p>-ends-</p>
<p>*Source: IDC's Worldwide Quarterly Storage Software Tracker Q2 2004; Referenced EMC figures are based on year-over-year comparisons and reflect the combined results of EMC and LEGATO.</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 associated with the acquisitions of LEGATO Systems, Inc., Documentum, Inc. and VMware, Inc.; (iv) competitive factors, including but not limited to pricing pressures; (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 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>For further information, please contact:</p>
<p>Debbie Sassine
Spectrum Communications
Tel: 02 9954 3299
email: debbies@spectrumcomms.com.au</p>

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