Business Services Industry

IBM top provider of storage services: IDC, BUSINESS TIMES

Business Times (Malaysia), June, 2000

Business Times (Malaysia) 06-20-2000 INTERNATIONAL Business Machines (IBM) is the storage industry's services revenue leader in the fast-growing storage area network (SAN) and storage services marketplace, according to an industry analysis report by research firm IDC. IBM generated over US$3.6 billion (US$1 = RM3.80) in services revenue worldwide in 1999, while Hewlett-Packard was a distant second with US$1 billion, followed by Compaq, US$825 million; StorageTek, US$719 million; EMC, US$350 million; and Sun Microsystems at US$150 million in worldwide revenues.

"We believe that IBM is in a particularly strong position to expand its storage services business," concluded the report, which forecast worldwide storage services spending to jump from US$21...

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