SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : SNDT - Sand Technology - A diamond in the sand
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jack crane who wrote (678)6/9/1998 1:53:00 PM
From: let  Read Replies (1) of 1200
 
Info on data industry growth projections:

Storage software market to double by 2002 - study

June 8, 1998 05:10 PM

SAN JOSE, Calif., June 8 (Reuters) - Worldwide sales of storage management software, the
sophisticated programs that big companies use to squirrel away valuable data in huge computers,
will soar to $4.8 billion by 2002 from about $2 billion in 1997, market researcher Dataquest said on
Monday.

The increasing importance of databases to manufacturing and marketing operations is creating a
boom for software that automatically backs up data, checks the integrity of disk drives and
maintains file systems, Dataquest said.

Sales of the so-called distributed back-up software segment rose 46 percent in 1997 to $1.33 billion
and is expected to rise 21 percent each year over the next five years, said Dataquest analyst
Carolyn DiCenzo.

Computer Associates International Inc. CA led this segment with 29 percent of the total revenue for
all computer types. The software division of Seagate Technology Inc. SEG led the market for
Windows NT computers with a 42 percent share. And Hewlett-Packard Co. HWP won the top spot
for Unix computers with 17.5 percent of the market, Dataquest said.

Dataquest also said International Business Machines Corp. IBM and EMC Corp. EMC dominated
the market for mainframe-based storage management software. IBM enjoyed a 36 percent share,
while EMC had 28 percent.

((--Kourosh Karimkhany in Palo Alto, 650 846 5401)) REUTERS
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News