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 : EMC How high can it go? -- Ignore unavailable to you. Want to Upgrade?


To: Gus who wrote (13470)11/13/2001 10:24:53 AM
From: Proud_Infidel  Respond to of 17183
 
Apogee Networks Joins EMC E-Infostructure Developers Program
Technical Alliance To Improve Network Storage Cost Management
SADDLE BROOK, NJ--(INTERNET WIRE)--Nov 13, 2001-- Apogee Networks, the global provider of advanced Content, and IP Rating, Billing, and Settlement platforms, today announced it has joined EMC Corporation's E-Infostructure(TM) Developers Program, the storage industry's most comprehensive open storage software initiative. EMC (NYSE: EMC - news) is the world leader in information storage systems, software, networks and services. Apogee Networks provides the industry's first usage-based chargeback and billing and settlement platforms for Enterprises and Service Providers.
The technical alliance will leverage EMC Enterprise Storage application programming interfaces (APIs) and Apogee Networks' NetCountant(R) Accountability, the industry's first comprehensive usage-based chargeback platform, to provide customers with innovative and complete storage networking solutions that are capable of meeting the most demanding requirements for information scalability, reliability, performance, protection, management as well as storage area network (SAN) visibility and cost containment.

"Enterprises must examine how these new storage services can be leveraged in the new era of the lean IT budget," said Jamie Gruener Senior Analyst, E-Networks and Broadband Access at the Yankee Group. "Storage costs may be declining, but the sheer volume of demand for data has pushed up overall storage disk, maintenance and support costs. It has become mission critical for Enterprises to gain greater control of rising costs while meeting the issues of scalability and flexibility in maintaining network storage infrastructure all at a low total cost of ownership," added Gruener.

"Through its membership in the E-Infostructure Developers Program, Apogee Networks' integration of EMC technology with its usage-based chargeback technology will help customers appropriate storage costs for an information storage infrastructure," said Linda Wright, EMC's Senior Director of Global Alliances. "We look forward to working with Apogee Networks to provide more choices for our customers."

Andrew Burroughs, Apogee Networks' Chief Marketing Officer/GM, noted, "Partnering with a storage management leader such as EMC enables us to provide our customers with the most effective Enterprise storage billing. Our NetCountant Accountability solution enables IT to actually see who is consuming storage resources and to allocate costs to the applications consuming the services in a fair manner. The platform provides complete, intuitive billing capabilities that enable IT to allocate costs for a variety of storage billing including allocated storage and storage transferred. For the first time, IT and Finance organizations have a "best practice" solution that links the cost of providing network storage for corporate users directly to consumption, thereby establishing cost transparency," added Burroughs.

EMC's E-Infostructure Developers Program provides wide-scale access to EMC APIs, which are software paths into EMC Enterprise Storage systems and software. The program enables independent software developers to select from, and rapidly integrate, a large variety of information management, sharing and protection tools. By sharing its APIs with companies such as Apogee Networks, EMC helps customers take full advantage of the leading performance, availability and management features of EMC solutions, while eliminating costly, time-consuming application creation or customization. Further information on EMC's E-Infostructure Developers Program can be found at www.emc.com/partnersalliances/einfostructure/developers.

About Apogee Networks

Headquartered in Saddle Brook, New Jersey, Apogee Networks, Inc. develops Content and IP Rating, Billing and Settlement solutions for Content Distributors, ISPs, Carriers, Wireless Internet Providers and Enterprise customers. Apogee Networks' NetCountant(R) award-winning product line provides full end-to-end content, revenue settlement, IP billing and usage-based chargeback solutions. The company recently was awarded Billing World 2001 Excellence Award for Billing Financial Software, Finalist 2001 Best of Show NetWorld +Interop, Software Business Magazine's 2001 Software Industry Award, 2001 Frost and Sullivan Market Engineering Award for Product Innovation, 2001 OSS Excellence Awards, Finalist/Runner-up, COMNET 2001 New Product Achievement Award. For additional information call 1-888-APOGEE3 (276-4333), 1-201-368-8800, or email info@apogeenetworks.com, or visit us at www.apogeenetworks.com.

EMC is a registered trademark and E-Infostructure is a trademark of EMC Corporation.



To: Gus who wrote (13470)11/13/2001 6:43:40 PM
From: VFD  Read Replies (2) | Respond to of 17183
 
Gus,
I was away for the last 2 1/2 weeks and have not read your latest posts.
You may have already commented on this report, but just in case here it is.
biz.yahoo.com
EMC's market share slipping; IBM sees gains - IDC
(UPDATE: Adds further detail, comment from IBM and EMC)

By Tim McLaughlin

BOSTON, Nov 13 (Reuters) - EMC Corp. (NYSE:EMC - news), the world's top maker of data-storage systems, is expected to lose 6.2 percentage points of market share this year in external storage hardware sales, according to a forecast by research firm IDC.
The decline at Hopkinton, Massachusetts-based EMC comes as archrival IBM Corp. (NYSE:IBM - news) picks up market share amid a sharp downturn in spending on machines that store e-mail, credit card bills and other vital corporate information, IDC said in a report that will be studied closely by Wall Street.

EMC's market share for external hardware storage systems is expected to slip to 25.3 percent this year, compared with 31.5 percent in 2000, according to IDC. EMC still holds a commanding lead over its closest competitor in an external storage market that's expected to drop to $14.9 billion this year from $17.7 billion in 2000.

IBM will edge out Compaq Computer Corp. (NYSE:CPQ - news) for the No. 2 spot in that segment with a 11.6 percent share this year, up from 6.8 percent in 2000, according to IDC. Compaq's market share is expected to move up slightly to 11 percent, up from 10 percent.

IBM's storage hardware sales are getting a boost from its Shark product, which is being plugged into mainframe computers and other data-storage environments.

``EMC was growing in leaps and bounds because they were taking mainframe storage from IBM,'' said Bob Samson, IBM's vice president of worldwide storage sales and operations. ``We have a lot more work to do, but (this report) is a good endorsement of our strategy.''

Michael Gallant, an EMC spokesman, said the mainframe market for storage hardware is ``rapidly shrinking.'' He also said storage sales in the mainframe market are price sensitive and take less software, which has been a key driver behind EMC's profit margins.

He pointed to EMC's surging performance for network attached storage, which will nearly 14 percent this year.

IDC expects EMC to overtake Network Appliance Inc. (NasdaqNM:NTAP - news) in that market this year with $777.2 million in revenue, or 42 percent of the network attached storage market.

Network Appliance, which controlled 45 percent of that market last year, is expected to drop to a 32.5 percent share, according to IDC.