[It's called losing money. EMC is the worst performer in my portfolio, and to make it worse I don't know why...]
Dear Lucius, I wouldn't worry too much. Even though HWP and EMC had a falling out, sometimes old news can reassure:
MC Recognized as Leading Supplier of Enterprise
Storage for World's Largest Databases; EMC Overtakes IBM, According to
Winter Corporation Survey
HOPKINTON, Mass.--(BUSINESS WIRE)--June 16, 1999--EMC
Corporation's Symmetrix Enterprise Storage systems are the leading
storage platform for the world's largest databases, according to the
latest edition of the Winter Corporation's annual VLDB Survey Program
Industry Report.
The annual survey of corporate executives and database practitioners shows that EMC has surpassed IBM Corporation as the leading supplier of storage capacity for VLDBs (very large databases). Winter Corporation, of Waltham, Mass., is an independent research and consulting firm specializing in large database technology.
When asked which storage supplier provides the largest amount of
storage capacity for their VLDBs, 32 percent of survey respondents
named EMC, compared with 20 percent for IBM.
EMC's presence jumped more than 100 percent, from 15 percent a year earlier, while IBM's presence dropped from 25 percent in 1997 to 20 percent in 1998..
Hewlett-Packard, which ranked third most popular storage supplier last year, was not mentioned in this year's results due to the reduced
number of times respondents mentioned HP among their top VLDB storage
suppliers.
The Winter VLDB Survey also found that the Grand Prize-winning
companies in eight out of 12 categories, including largest database
size for both transaction processing and decision support, employ EMC
Enterprise Storage systems.
The VLDB Survey provides database professionals and corporate
managers an important resource for maximizing the business value of
their large databases," said Robert Dutkowsky, EMC's Executive Vice
President of Markets and Channels. "The fact that more of the world's
largest databases rely on EMC Enterprise Storage than any other
storage is a clear demonstration that EMC can provide superior
management, sharing and protection of their most important corporate
information."
Richard Winter, President of Winter Corporation, said, "The VLDB
Report is the industry's premier research effort devoted exclusively
to examining the trends and directions of large database technology.
Our findings assist VLDB practitioners in making critical business
decisions, enabling them to raise organizational productivity, manage
risk and reach strategic objectives. VLDB-related vendors are drawn to
the Report's unique insights into the real-life requirements of the
high-end database community."
The Winter VLDB Survey Program Industry Report examines
implementations and best practices at very large database (VLDB)
installations. The report is based on research from Winter VLDB Survey
Programs, annual campaigns that assess organizational, technical and
management issues at the world's largest computing installations. The
report discloses insights, trends and driving forces in the VLDB
marketplace and provides readers with unbiased and pragmatic knowledge
about the computing strategies and platforms at leading VLDB sites
Winter Corporation is an international consulting practice and
research center that offers expertise in large-scale data warehouses
and operational databases. The company, headquartered in Waltham,
Massachusetts, assists corporations in achieving their business
objectives while managing strategic projects and implementing major
technology transitions. Visit the company web site,
wintercorp.com, for additional details on its research,
consulting and education services.
EMC Corporation, a Fortune 500 company based in Hopkinton,
Massachusetts, is the world's technology and market leader in the
rapidly growing market for intelligent enterprise storage systems,
software and services. The company's products store, retrieve, manage,
protect and share information from all major computing environments,
including Internet and e-commerce applications, as well as UNIX,
Windows NT and mainframe platforms. The company has offices worldwide,
trades on the New York Stock Exchange under the symbol EMC, and is a
component of the S&P 500 Index. For further information about EMC and
its storage solutions, EMC's corporate web site can be accessed at
emc.com.
EMC and Symmetrix are registered trademarks and EMC Enterprise
Storage is a trademark of EMC Corporation.
--30--kms/bos*
CONTACT: EMC Corporation
Kenneth McDonnell
508-435-1000, ext. 77424
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