System News
IDC Report Finds Seven Consequtive Quarters of Storage Software Revenue Growth
EMC, Symantec, IBM Lead the Field
September 7, 2011,
Volume 163, Issue 1

The IDC report "Ongoing Infrastructure Investments Carry Storage Software Revenues to Seventh Consecutive Quarter of Growth in 2Q11" finds a total market value approaching $3.4 billion during the quarter, up 11.3% over the same period last year. IDC reports that this double-digit growth broadly aligned with increased investments made within the server and disk storage systems markets during the same quarter, which suggests that storage software sales benefited from expansive investments made within the infrastructure space. The survey found EMC, Symantec, and IBM were the top ranking storage software suppliers with 24.5%, 15.8% and 14.1% market shares respectively.

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Gartner Hype Cycle for Storage Technologies 2011

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