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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: BirdDog who wrote (46457)	1/15/2002 1:19:47 PM
From: stockman_scott	Respond to of 65232

An excellent article on broadband: msnbc.com

To: BirdDog who wrote (46457)	1/16/2002 12:34:42 PM
From: stockman_scott	Respond to of 65232

Data storage service revs to grow 6.1 pct-IDC Wednesday January 16, 12:02 pm Eastern Time FRAMINGHAM, Mass., Jan 16 (Reuters) - Services revenue for the data storage industry, which has been hurt by the U.S. recession, low technology spending and the commoditization of storage hardware, will grow an average 6.1 percent annually through 2005, research firm IDC said on Wednesday. IDC said the fastest growing areas will be storage implementation and integration, specifically for building and integrating storage area networks, or SANs. Networked storage-related services will become an increasingly larger part of the total storage services market through 2005, with spending for services on direct-attached storage continuing to decline, IDC said. ``Moving forward, we see the market for storage services showing low, single-digit growth across all regions for the next 12 to 18 months,'' said Doug Chandler, director of IDC's Storage and Data Management Services research. ``We expect to see accelerated growth again in the 2003 time period, as organizations begin to spend on IT at a pace comparable to that found in the 'pre-dot-com bubble' period of the late 1990s,'' he said in a statement. Japan, Europe, and Asia are the fastest-growing regions, while the United States is the largest, with spending expected to be over $13 billion in 2005. International Business Machines Corp. (NYSE:IBM - news) and Electronic Data Systems Corp. (NYSE:EDS - news) are two of the largest storage services companies.