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Technology Stocks : EMC How high can it go?
EMC 29.050.0%Sep 15 5:00 PM EST

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To: Just4fun2 who wrote ()3/31/2000 11:33:00 AM
From: VFD  Read Replies (1) of 17183
 
STUDY: EMC TOPS STORAGE SOFTWARE MARKET
computerworld.com

Study: EMC tops storage software market

By Kathleen Ohlson
03/30/2000 EMC Corp. is no longer just the top storage hardware vendor ? it now rules the storage software roost as well.

The Hopkinton, Mass.-based storage provider surpassed IBM/Tivoli Systems Inc. and Computer Associates International Inc. to capture the No. 1 slot in the worldwide storage management software market last year, according to a study issued by Dataquest.

According to the San Jose, Calif.-based research firm, strong growth in EMC's software, particularly Symmetrix Manager, VolumeLogix and PowerPath, boosted its 1999 licensing sales to capture 18.2% of the market. EMC's storage management software licensing sales totaled $763.5 million in 1999, an 84% increase from the $416.1 million the company garnered in 1998.

IBM/Tivoli dropped from the top spot to second place, capturing 17.3% of the market. Big Blue's sales for 1999 totaled $725.6 million, compared with $602.6 million in 1998, Dataquest said.

CA finished third with $690.1 million in storage management software sales last year. Veritas Software Corp. followed with $507.1 million, and BMC Software Inc. totaled $235.7 million.

Overall, the worldwide storage management software market grew from $2.86 billion in 1998 to $4.2 billion in 1999.
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