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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Night Writer who wrote (95132)	2/6/2002 5:47:53 PM
From: Night Writer	Read Replies (1) \| Respond to of 97611

Sun Guns for Traction in Storage Sector Feb 06, 2002 (Internet.com via COMTEX) -- Sun Microsystems Inc. trained its competitive guns on IBM Corp., EMC Corp. and Compaq Computer Corp. Wednesday when it overhauled its enterprise storage offerings. According to reports published prior to the company's official release, this entails taking more than 70 products and bundling them into four distinct categories. With that news, the Palo Alto, Calif. firm will also unveil two new storage systems -- Sun StorEdge 3900 series and 6900 series. The 3900 series is a Fibre Channel product with connections that support up to 11 terabytes of data, while the 6900 series is designed for storage consolidation and offers 11TB of storage capacity. Though quiet in recent months, storage software is important enough to garner attention from research firms such as IDC and Gartner Inc., both of whom released storage reports in Oct. 2001. IDC said it feels worldwide storage software market revenues will top $10 billion by 2005, a compound annual growth rate (CAGR) of 14.4%, from $5.47 billion in 2000. This explosion, IDC feels, will be propagated by an increase in the use of digital forms of information caused by ecommerce application deployment; growing awareness of the need to protect corporate information residing on client desktops and mobile laptops, a salient point driven home repeatedly by analysts since the events of Sept. 11; and a shortage of IT staff trained to possess storage expertise. Gartner took a different route, choosing to scrutinize the market for external storage, 80 percent of which it claimed will be managed by outside parties. The culprit here, the research firm said, is the amazing growth in the amount of data that needs to be stored, particularly in Internet data centers. This means enterprises must adopt network storage strategies to avoid considerable staff growth. Nick Allen, vice president and research director for Gartner, blamed the difficulty of storage managment on insufficient tools. "Most of our clients report that they can afford to buy storage, but they can't manage it," said Allen. "The main reason for this shortfall is that storage management tools have not yielded sufficient productivity gains to cope with such high growth rates. Gartner's view is that none of the large, established storage management vendors will be able to provide such gains." Copyright 2001 INT Media Group, Inc. All rights reserved. Republication and redistribution of INT Media Group content is Expressly prohibited without the prior written consent of INT Media Group, Inc.. INT Media Group, Inc., shall not be liable for any errors or delays in the Content, or for any actions taken in reliance thereon. By Clint Boulton URL: internet.com