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EMC Widens Lead As World's #1 Supplier of Storage Software
EMC Corporation, the world leader in information storage and management, extended its worldwide storage software lead again in the second quarter of 2004 to 32.5% revenue share, according to a new report released today by IDC.* During the quarter EMC grew storage software revenue nearly twice as fast as the total market and gained more revenue share than any other supplier to further solidify its position as the world's #1 storage software company. On a year-on-year basis, EMC expanded its revenue share lead over the second largest storage software provider (Veritas) for the third consecutive quarter, widening the gap to 9.9 share points as organizations implemented EMC software to advance their information lifecycle management (ILM) strategies. Howard Elias, EMC's Executive Vice President of Corporate Marketing, Office of Technology, said, "EMC software is bringing ILM to life for our customers around the world seeking an efficient and proven approach to managing their growing volumes of information. IDC's findings further validate that ILM, coupled with best-of-breed products and consistent execution on the part of EMC and its partners, is creating tremendous demand and momentum for our solutions in the marketplace."
According to IDC's estimates for the second quarter, EMC storage software revenue grew 30.5%, gaining 3.4 points of share. EMC also grew its revenue share in the Storage Replication and Storage Resource Management functional markets to lead with 43.1% and 56.2% share, respectively. In the Backup and Archive functional market EMC gained revenue share in the most recent quarter to rank third overall. During the first half of 2004 #1 EMC also gained revenue share in the total storage software market, growing revenue 31.7% to lead with 31.2% share.
"EMC's software leadership is reflective of our broad product depth across protection and recovery, data movement, information management, content management, and information infrastructure management solutions," added Elias. "Every class of EMC software is both highly scalable and rich in functionality to support enterprise environments from the modest to the most demanding. EMC's support of open standards and shared application programming interfaces also enables its software to be optimized for use in multi-vendor storage environments, while improving the ease of doing business with EMC for its customers and partners."