Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Son of SAN - Storage Networking Technologies -- Ignore unavailable to you. Want to Upgrade?

To: w2j2 who wrote (1921)	4/12/2000 9:12:00 AM
From: J Fieb	Read Replies (1) \| Respond to of 4808

WJ, Here is a good reason to own some EMC? If it weren't for these FC threads I might not have this pillar as a holding. EMC #1 in storage software Fueled by an 84% growth in revenues last year, EMC has become the top vendor of storage management software, according to Dataquest, a market research firm in San Jose. EMC's software license revenue was $763.5 million in 1999, compared to $416.1 million in 1998. The growth is attributed predominantly to sales of Symmetrix Manager, VolumeLogix and PowerPath software. IBM/Tivoli dropped to the #2 spot, with a 17.3% market share, and CA was third with a 16.4% share. Rounding out the top five were Veritas Software (12.1%) and BMC Software (5.6%). Dataquest analyst Carolyn DiCenzo predicts further consolidation in the storage management software market. However, she sees opportunities for smaller vendors in the storage infrastructure, storage resource management and hierarchical storage management (HSM) categories. In unrelated news, EMC last month announced an alliance with Cisco Systems and Oracle to jointly develop and market high-availability Internet infrastructure and e-business solutions. EMC's part of the deal involves its Symmetrix RAID arrays and software such as Symmetrix Remote Data Facility (SRDF) and TimeFinder.