EMCEXTENDS STORAGESOFTWARE REVENUE LEAD FOR7th CONSECUTIVEQUARTER
Announcement posted by EMC 13 Sep 2005
Analyst Firm Reports #1 EMC Outpaces Growth of Overall Market; EMC Represents Nearly 34 per centof Overall Market Revenue Growth
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 centrevenue 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.
Howard Elias, EMCsexecutivevicepresident of Corporate Marketing and Office of Technology, said, EMCs 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. EMCs continued focus and innovation allowed it to outpace the total storage software market once again and extend its lead over the competition.
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.
Second Quarter Highlights
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.
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 40.6per centrevenue 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.
Information lifecycle management (ILM) is driven in large part by software-enabled intelligence in the information infrastructure. EMCs 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.
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 EMCs products and services can be found at anz.emc.com.
Howard Elias, EMCsexecutivevicepresident of Corporate Marketing and Office of Technology, said, EMCs 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. EMCs continued focus and innovation allowed it to outpace the total storage software market once again and extend its lead over the competition.
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.
Second Quarter Highlights
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.
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 40.6per centrevenue 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.
Information lifecycle management (ILM) is driven in large part by software-enabled intelligence in the information infrastructure. EMCs 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.
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 EMCs products and services can be found at anz.emc.com.