EMC Named Leader in Storage Software for Eighth Consecutive Year
EMC Corporation (NYSE: EMC), the world leader in information infrastructure solutions, was the market share leader in storage software for the eight consecutive year in 2007 and led the worldwide storage software market in total revenue for the 20th consecutive quarter, according to the latest IDC Worldwide Quarterly Storage Software Tracker, March 2008. [a]
For both the full year and the fourth quarter of 2007, EMC led in four storage software categories, including storage replication, storage device management, storage infrastructure and storage management. In the storage device management software segment in 2007, EMC grew revenue to almost six times the revenue share of its closest competitor. In addition, EMC grew revenue by almost 19%, year-on-year, in the data protection and recovery software segment for the full year, outpacing the market and grabbing share from the market leader.
According to EMC, the company achieved 20% annual growth in software license and maintenance revenue during 2007, when combining its storage software market leadership and other areas of software leadership like virtualization, enterprise content management and archive, resource management and information security. Software made up approximately 40% of EMC’s overall revenue for 2007.
“EMC has never been better positioned to provide customers with the most complete portfolio of information infrastructure solutions,” said BJ Jenkins, EMC’s Senior Vice President, Global Marketing. “By combining innovation with execution and integrating game-changing technologies – like data de-duplication, security and continuous data protection – EMC continues to make it easier for customers to digest new technologies. Together, our market leading storage systems and services portfolio with our wide range of software technologies helps customers of all sizes store, protect, add intelligence to, virtualize and automate their information infrastructures.”
Additionally, EMC announced on March 6, 2008 that it was the #1 provider of external disk storage systems for the tenth consecutive year in 2007, according to the latest IDC Worldwide Quarterly Disk Storage Systems Tracker, March 2008. [b]
[a] Source: IDC, March 7, 2008
[b] Source: IDC, March 6, 2008
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