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Access "Storage software sales still brisk"

Published: 22 Oct 2012

the tough economy doesn't appear to be dampening the demand for storage software. The worldwide market cracked the $3 billion milestone for the first time in a single quarter during this year's April-to-June stretch, according to recent research from Framingham, MA-based IDC. "Going over $3 billion is a nontrivial event and an indication of how important storage software is to the various tools that people have at their disposal," says James Baker, a storage software research manager at IDC. The $3.1 billion second quarter marked a 6% increase over the first quarter and an impressive 14% jump over the same timeframe a year ago. It also signaled the 19th consecutive quarter of growth, comparing revenue totals for the same quarters on a year-to-year basis. EMC continued to outpace all rivals, banking $745 million in the second quarter for a 24% share of the market. Symantec made headway at No. 2, with $588 million for a 19% share--and nearly 27% over its Q2 2007 revenue. Rounding out the leaders were IBM, NetApp, Hewlett-Packard and CA. Either EMC or Symantec ... Access >>>

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