Data protection drives storage software sales

News

Data protection drives storage software sales

Arif Mohamed

IT managers are increasing their spending on storage software as they try to keep up with compliance, data protection and management issues, says a new report from IDC.

 

According to the analyst, worldwide storage software sales are growing more than twice as fast as storage hardware sales.

 

Storage software sales grew 14.9% year on year, with IT managers spending $2.1bn in the first quarter of 2005. This marks the sixth consecutive quarter of double-digit year-on-year growth.

 

In a separate study of storage hardware sales, IDC found that total disc storage systems sales grew at 6% in the first quarter, year on year. 

 

Rhoda Phillips, IDC research manager for storage software, said, “Spending growth related to data protection, including replication, backup and archive software, is an indicator of customers’ continued concerns about application availability, data management and business continuity.”

 

 

Top 5 storage software sellers in Q1 2005

 

EMC      30.0%    

Veritas   21.4%     

IBM         8.6%      

NetApp    6.7% 

HP          6.6%       

Others    26.7%

 

Source: IDC, June 2005


Email Alerts

Register now to receive ComputerWeekly.com IT-related news, guides and more, delivered to your inbox.
By submitting your personal information, you agree to receive emails regarding relevant products and special offers from TechTarget and its partners. You also agree that your personal information may be transferred and processed in the United States, and that you have read and agree to the Terms of Use and the Privacy Policy.
 

COMMENTS powered by Disqus  //  Commenting policy