Customers pay billions for storage software in Q3
 

The storage software market continues to thrive with customers spending $1.9bn on applications during the third quarter, according to market researcher IDC.

The storage software makers enjoyed a 19 per cent year-over-year revenue surge. That kind of double-digit growth has become the norm in the storage industry with customers looking to pick up all kinds of sophisticated management packages. Customers are now spending $36 on software for every $100 they spend on storage hardware, IDC said.Ads_kid=0;Ads_bid=0;Ads_xl=0;Ads_yl=0;Ads_xp= '';Ads_yp='';Ads_opt=0;Ads_wrd='';Ads_prf='';Ads_p ar='';Ads_cnturl='';Ads_sec=0;http://red01.as-eu.falkag.net/sel?cm...0&rdm=20040701

The hottest part of the data protection racket continues to be SRM (storage resource management) software. SRM sales jumped 27 per cent, while the more traditional back-up and archive segment rose 17 per cent year-over-year. The replication and file system markets jumped 14 per cent and 10 per cent, respectively.

EMC - with Legato's help - is the dominant storage software vendor. It brought in $608m during the third quarter and holds 32 percent of the market. Veritas owns the second spot with $415m in sales and 22 percent of the market. CA is third with $169m in sales and 9 percent of the market, HP follows with $146m in sales and 8 percent of the market, and IBM rounds out the top five with $136m in sales and 7 percent of the market.

During the third quarter, HP and CA showed the strongest growth rates.



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