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Storage software market grows by 10 percent
CNET ^ | Dec 13 | Tom Espiner

Posted on 12/17/2005 3:10:00 PM PST by nickcarraway

The worldwide storage software market grew 10 percent year-on-year to $2.1 billion in the third quarter of 2005, making eight consecutive quarters of double-digit year-on-year growth, research company IDC said Monday. Storage replication made the largest gain with 16.8 percent year-on-year growth, while the back-up and archiving markets increased by 12.7 percent.

This growth was due to increasing demand for information protection, recovery and retrieval, the greater prevalence of remote working, and the need for compliance to regulations, IDC said.

"We see strong demand in the backup, archive and replication segments driven by fundamental user requirements to protect, recover, and retrieve information, not only in the data center but also in remote and branch office locations," Laura DuBois, research director for storage software at IDC, said in a statement.

"This demand is in response to drivers such as application availability and business continuance, disaster recovery, and regulatory compliance," DuBois said.

In other news: Merging the laptop with a cell phone Theater owners think digital Video: Shedding light on Flickr Photos: Seeking life forms in icy waters Commodore catches a second wind EMC led the overall market in the third quarter with $621 million in revenue, and a 29.1 percent revenue share. Symantec, which has recently acquired Veritas, took second position with $427 million in revenue, and a 20 percent revenue share.

IBM finished in third position with $201 million and a 9.4 percent revenue share, "posting a strong result of 12.5 percent year-on-year growth," said IDC.

Network Appliance and Hewlett-Packard were tied at 6.9 percent and 6.7 percent revenue share respectively. Among the top five vendors, Network Appliance had the strongest year-on-year growth at 42.5 percent.


TOPICS: Business/Economy; Computers/Internet
KEYWORDS: software

1 posted on 12/17/2005 3:10:01 PM PST by nickcarraway
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To: nickcarraway

Flash drives are fantastic... I think I might give a few for Christmas.


2 posted on 12/17/2005 3:49:11 PM PST by RedBeaconNY (Vous parlez trop, mais vous ne dites rien.)
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To: RedBeaconNY

Aren't they the coolest things? There are so many of them out there now, too. I even saw an ad for one in a Swiss Army Knife.


3 posted on 12/17/2005 4:27:19 PM PST by octobersky
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To: nickcarraway
I am employed in the IT industry but feel no trepidation when I think of my job security.
I work for the number one enterprise information storage systems company in the world and our products have been gaining market share over the competition for several years running.
The growth in this industry has been phenomenal. We are also making inroads into the small to midsize information storage market as well with several products that have no equal as yet.
4 posted on 12/17/2005 7:02:36 PM PST by Bloody Sam Roberts (This is my tagline. There are many like it but this one is mine.)
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To: nickcarraway

Awhile back, someone mentioned on a thread about the new holographic data storage by InPhase Technologies...holds much more data than a DVD.

Maybe something to invest in or could be too early? Either with Lucent or Hitachi/Maxell......


Here's a quote from their website:

"In addition, the flexibility of the technology allows for the development of a wide variety of holographic storage products that range from handheld devices for consumers to storage products for the enterprise. Imagine 2GB of data on a postage stamp, 20 GB on a credit card, or 200 GB on a disk."

http://www.inphase-technologies.com/technology/index.html



5 posted on 12/17/2005 8:36:07 PM PST by Cedar
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To: octobersky

They're so much nicer than floppies. I've seen Swiss Army flash drives and quite frankly, I think they're ridiculous. Knives and software storage are not compatible. A flash drive does not belong in the rain, in the snow, in the wilderness, wherever. Still


6 posted on 12/17/2005 8:52:30 PM PST by RedBeaconNY (Vous parlez trop, mais vous ne dites rien.)
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