Storage Clips: EMC profit up, IBM disk sales down |
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By SearchStorage.com Staff
19 Oct 2004 | SearchStorage.com |
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Daily compilation of storage news:
EMC reports 37% rise in Q3 profit
EMC Corp. reported a third-quarter net income of $218 million, or 9 cents per diluted share, compared with $159 million, or 7 cents per diluted share in the year-earlier quarter. Revenue rose 34% to $2.03 billion from $1.51 billion. The company attributed the 37% rise in profit to sales of storage systems aimed at departmental level organizations -- its Clariion, Centera and NAS products grew over 50% in the third quarter from a year earlier, it said.
IBM disk-storage revenue declines
IBM reported that its third-quarter storage revenue was up 5% year over year, but the disk subsystem portion of this declined 1% year over year in spite of 27% year-over-year growth in the midrange disk category. Sales of IBM's high-end (Shark) fell dramatically, due to the company's product transition to its next-generation array (DS8000), which will start shipping in the month of December, according to Wall Street analysts. The company's tape business on the other hand, grew 17% year over year, an acceleration from the 13% year-over-year growth rate that this business posted in Q2. Analysts said IBM continues to gain share against StorageTek Corp. in the tape market.
Apple updates Xserve RAID
Apple Corp. today updated its Xserve RAID storage system, a 3U rack storage system to deliver 5.6 TB of storage capacity at just over $2 per GB. Apple has also expanded support for heterogeneous environments with certification from Cisco Systems Inc. and SUSE Linux and tweaked the system to work with its Xsan Storage Area Network file system.
HDS offers credit to channel partners
Hitachi Data Systems Credit Corp., a wholly owned subsidiary of Hitachi Data Systems, today announced financing solutions for its channel partners in North America. Partners will be able to offer financing options to their customers for HDS storage hardware, software, services, maintenance and related equipment.
StoreAge supports remote clustering
StoreAge Inc. has shipped SVM 4.3 of its software suite, which includes a new feature that supports geographically dispersed clusters. These clusters can now be tightly coupled with the multi-mirror synchronous mirroring application. This allows for the building of fault-tolerant systems by deploying cluster nodes across remote sites. Each site contains its own application server, cluster nodes and storage arrays to provide immediate failover in the case of application server failures, storage failures, or even complete site failures.
Zantaz improves e-mail management
Zantaz Inc. announced the release of EAS version 4.0. of its e-mail management software, which includes three new optional modules: File Archive Solution (FAS), EAS Supervisor and EAS Pre-Review. These modules expand the features and functionality of EAS for corporate message and file management.
Verio offers managed backup service
Verio, a subsidiary of NTT Communications Corp., a global IP service company, unveiled a remote backup managed storage service for small to medium-sized businesses and larger enterprises with data stored at a main business, remote office or branch location. The service creates a backup of a company's data by automatically storing it in a Verio Premier Data Center.
Crossroads and iVivity develop iSCSI products
Crossroads Systems Inc. and iVivity are collaborating on the development of new gateway and storage system products targeting the iSCSI market. The new products will provide Crossroads storage routing software in a hardware platform based on iVivity's iDiSX silicon.
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