Business Services Industry
#1 EMC Grew Market Share in External Disk Storage Revenue for 8th Consecutive Quarter; Analyst Firm Reports EMC Widened NAS Lead, Grew NAS Revenue More Than Twice as Fast as Closest Competitor
Business Wire, Sept 6, 2005
HOPKINTON, Mass. -- EMC Maintained Lead Across All Major External Disk Storage Segments
EMC Corporation, the world leader in information management and storage, extended its market share position in worldwide revenue for External Disk Storage systems for the eighth consecutive quarter in the second fiscal quarter of 2005, according to a new report from IDC (a). In the second quarter, EMC again maintained revenue leadership in every major segment of the external disk storage systems market including External RAID, Networked Storage, Open/iSCSI SAN (storage area network) and NAS (network attached storage). In NAS, #1 EMC widened its lead over #2 Network Appliance to five percentage points in the second quarter, growing its quarterly revenue share to more than 40%.
Howard Elias, EMC Executive Vice President, Corporate Marketing and Office of Technology, said, "Unmatched innovation and choice continues to win over customers determined to improve the protection, security, movement and intelligent management of their information. During the second quarter, organizations invested in our broadening product portfolio to advance their information lifecycle management strategies. The investments we are making abroad again paid off during the quarter, as EMC expanded its lead in Western Europe and Asia Pacific, and advanced our market position in Japan.
"NAS continues to be a very positive story for EMC," continued Elias. "EMC Celerra platforms delivered NAS revenue growth at more than twice the rate of our closest competitor during the second quarter, as customers continued to invest in our high-performing and functionality-rich solutions for file-based information management and storage."
"Our partners also continued to contribute to our overall success, delivering our expanding line to new customers around the globe," commented Elias. "Combined, sales from EMC and co-branded Dell/EMC external disk storage systems represented nearly a third of the total External Disk Storage market in the second quarter and almost half of its growth." According to IDC estimates, EMC and co-branded Dell/EMC external disk storage systems revenue, combined, grew 15.5% to 27.3% revenue share in the second quarter.
North America, Western Europe and Asia Pacific
According to IDC, EMC was #1 in External RAID disk storage systems revenue in the United States, Western Europe and Asia Pacific during the second quarter. In Japan, EMC also continued to grow its revenue share of the external RAID disk storage systems market and advanced to #4 in the country, up from #6 in the first quarter of 2005.
About EMC
EMC Corporation (NYSE: EMC) is the world leader in products, services and solutions for information storage and management that help organizations extract the maximum value from their information, at the lowest total cost, across every point in the information lifecycle. Information about EMC's products and services can be found at www.EMC.com.
(a) IDC "Worldwide Quarterly Disk Storage Systems Tracker, September 2005"; EMC share includes factory revenue from "EMC" branded storage systems only and excludes sales of co-branded EMC systems sold by Dell; All comparisons included in this release are year over year unless noted.
This release contains "forward-looking statements" 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) adverse changes in general economic or market conditions; (ii) delays or reductions in information technology spending; (iii) risks associated with acquisitions and investments, including the challenges and costs of integration, restructuring and achieving anticipated synergies associated with the acquisitions of LEGATO Systems, Inc., Documentum, Inc. and VMware, Inc.; (iv) competitive factors, including but not limited to pricing pressures; (v) the relative and varying rates of product price and component cost declines and the volume and mixture of product and services revenues; (vi) component quality and availability; (vii) the transition to new products, the uncertainty of customer acceptance of new product offerings and rapid technological and market change; (viii) insufficient, excess or obsolete inventory; (ix) war or acts of terrorism; (x) the ability to attract and retain highly qualified employees; (xi) fluctuating currency exchange rates; and (xii) 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. EMC disclaims any obligation to update any such forward-looking statements after the date of this release.
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