EMC Extended Lead in 2001 as #1 Storage Management Software Supplier.Business/Technology Editors HOPKINTON, Mass.--(BUSINESS WIRE)--April 4, 2002 EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies. Led Software Market for Third Straight Year; Also #1 in Rapidly Growing Data Replication and Resource Management Software Segments EMC Corporation EMC Corporation (NYSE: EMC) is an American Fortune 500 and S&P 500 manufacturer of software and systems for information management and storage. It is headquartered in Hopkinton, Massachusetts, USA. continued to widen its lead as the world's #1 provider of storage management software in 2001, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a new report from Gartner Dataquest.(a) EMC led the $4.9 billion market last year with 30.4% revenue share in 2001, outpacing the closest competitor by more than 10 percentage points. According to the report, EMC also led the two fastest-growing storage management software segments, Storage Infrastructure and Enterprise Resource Management, which Gartner Dataquest predicts will together represent over 70% of the total storage management software market by 2006.(b) According to Gartner Dataquest, EMC was #1 in Data Replication software revenue in 2001, leading the sub-segment with 55% share - five times larger than the next competitor (see today's related release, "EMC Led 2001 Data Replication Software Market By Wide Margin, According To New Report"). Gartner Dataquest's new report ("2001 Storage Management Software Market Share") partitioned par·ti·tion n. 1. a. The act or process of dividing something into parts. b. The state of being so divided. 2. a. the storage management software market into three segments - Storage Infrastructure (which includes Data Replication), Enterprise Storage Resource Management, and Data Management Products software. In Storage Infrastructure Software, EMC led with 45.5% share, more than three times the share of its closest competitor, according to Gartner Dataquest. In 2001 the Storage Infrastructure Software segment was the largest of the three segments and includes load balancing The fine tuning of a computer system, network or disk subsystem in order to more evenly distribute the data and/or processing across available resources. For example, in clustering, load balancing might distribute the incoming transactions evenly to all servers, or it might redirect them software such as EMC PowerPath, data mobility software such as EMC HighRoad, and data replication solutions such as EMC SRDF SRDF Symmetrix Remote Data Facility SRDF Symmetric Remote Data Facility (Symmetrix Remote Data Facility), EMC TimeFinder, EMC MirrorView and EMC SnapView. According to Gartner Dataquest, EMC led the Enterprise Resource Management Software (ESRM ESRM Educational Society for Resource Management ) segment in 2001 with 51.7% share, a gain of nearly 10 percentage points over 2000 and nearly five times the share of its closest competitor. According to Gartner, the second fastest growing storage management software segment provides for the management of various storage resources on the network. The segment includes open management software, such as EMC ESN (Electronic Serial Number) A unique identification number built into a cellphone for security purposes. Manager and EMC StorageScope, and EMC ControlCenter, the bedrock of EMC's Auto IS strategy. Carolyn DiCenzo, chief analyst for Gartner Dataquest, said, "While disk array growth stalled in 2001, software continued to deliver growth as companies looked to improve the security and management of information storage. Storage Management Infrastructure products grew 15% last year, fueled by demand for data replication software used to safeguard corporate assets. Storage and Device Resource Management software also grew in 2001, reflecting market demand for better, more functional networked storage management tools." EMC Corporation (NYSE NYSE See: New York Stock Exchange : EMC) is the world leader in information storage systems, software, networks and services, providing the information infrastructure for a connected world. Information about EMC's products and services can be found at http://www.EMC.com. EMC is a registered trademark, and PowerPath, HighRoad, SRDF, TimeFinder, MirrorView, ControlCenter, StorageScope and ESN Manager are trademarks of EMC Corporation. Other trademarks are the property of their respective owners. This release contains "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " as defined under the Federal Securities Laws. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to: (i) further adverse changes in general economic conditions; (ii) further delays or reductions in information technology spending; (iii) the company's ability to effectively manage operating costs operating costs npl → gastos mpl operacionales and increase operating efficiencies; (iv) further declines in revenues; (v) insufficient, excess or obsolete inventory Obsolete Inventory Term that refers to inventory that is at the end of its product life cycle and has not seen any sales or usage for a set period of time usually determined by the industry. This type of inventory has to be written down and can cause large losses for a company. ; (vi) competitive factors, including but not limited to pricing pressures; (vii) component quality and availability; (viii) rapid technological and market change and the transition to new products; (ix) the uncertainty of customer acceptance of new products; (x) the relative and varying rates of product price and component cost declines; (xi) the effects of war or acts of terrorism, including the effect on the economy generally, on particular industry segments, on transportation and communication systems and on the company's ability to manage logistics in such an environment, including receipt of components and distribution of products; (xii) the ability to attract and retain highly qualified employees; (xiii) the uneven pattern of quarterly sales; (xiv) fluctuating fluc·tu·ate v. fluc·tu·at·ed, fluc·tu·at·ing, fluc·tu·ates v.intr. 1. To vary irregularly. See Synonyms at swing. 2. To rise and fall in or as if in waves; undulate. v. currency exchange rates; (xv) risks associated with strategic investments and acquisitions; (xvi) the Company's ability to execute on its plans; and (xvii) other one-time events and other important factors disclosed previously and from time to time in EMC's filings with the U.S. Securities and Exchange Commission. (a) Gartner Dataquest "2001 Storage Management Software Market Share", C. DICENZO. 27 March 2002. (b) Gartner Dataquest "Storage Management Software Forecasts: 2002 - 2006", C. DICENZO. 27 March 2002. |
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