News

Global storage software sales reach $1.5bn

Organisations are spending more than $1.5bn on storage software worldwide in the second quarter, up 7.3% from the previous quarter, according to a report by IDC.

The storage replication segment led the sales growth with revenue up 8.5% from the first quarter. Software for backing up and archiving data, the largest part of the market, was up 7.3% .

Renewed concern by customers about data protection and disaster recovery, plus recently introduced regulations about record retention and retrieval, helped to drive sales in these two segments. Revenue from sales of storage resource management software grew only 6.1% from the previous quarter.

The top five storage software suppliers have remained the same since the last quarter of 2002.

In the second quarter, EMC consolidated its lead as its share of revenue rose by 24%. EMC's storage software revenue grew 13.6% from the first quarter, to $399m.

Veritas Software slightly outperformed the market but trailed EMC with 21% of the market, unchanged from the previous quarter. Computer Associates International, IBM and Hewlett-Packard remain in the top five suppliers.

Other suppliers together had 29% of the market with $458m in revenue, compared with 2.2% from the previous quarter's revenue.

Stephen Lawson writes for IDG News Service


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