EMC: Poised for more good times?
From cbs.marketwatch.com
URL: cbs.marketwatch.com
During the past decade, the company's stock soared an eye-popping 80,575 percent and EMC solidified its position as the No.1 provider of software and hardware for computer
data storage.
Now, the question confronting EMC is: What do you do for an encore in the new decade?
[SNIP...Mention of NTAP:]
And in one niche of the business, known as network attached storage, EMC lags behind Sunnyvale, Calif.-based Network Appliance (NTAP). Network attached storage refers to storage connected directly to the network rather than server computers.
Aging player?
Network Appliance portrays EMC, incorporated in 1979, as an aging champion vulnerable to a challenge from a younger, more nimble contender
"EMC's roots are in the mainframe world," said Adam Trunkey, a Network Appliance spokesman. "Network Appliance's roots are in the Internet. We truly understand storage networking much better than EMC does."
For their part, EMC executives are skeptical of the competition's claims. They said in recent years other companies have made perennial announcements about taking on EMC, but so far nobody's made much of a dent.
EMC executives said a combination of impeccable customer support and heavy research and development spending--$10 billion over the next five years-will keep EMC on top.
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