IBM Continues as Storage Software Market Leader for Q3 2007

IBM Continues as Storage Software Market Leader for Q3 2007

IBM (NYSE: IBM) today announced that a new IDC report [1] indicates the company continued in Q3′07 as the storage software market leader [2]. This marks the eleventh consecutive quarter that IBM Storage Software revenue outpaced the storage software market according to IDC.

As measured by the Q3′07 IDC Worldwide Quarterly Storage Software Tracker, IBM grew storage software revenues 16.5 percent year-over-year, reflecting in 12.4 percent of the total storage software market. Of the top three storage software market share leaders in Q3′07, IBM had the greatest revenue growth, according to the report.

“The IBM System Storage portfolio is the most trusted storage portfolio in the world — targeted at providing our clients leading disk, tape and storage software solutions,” said Brian Hamel, Vice President of Sales, IBM System Storage. “We are focused on bringing innovative solutions to clients that help solve the most critical client challenges today — energy savings, security, IT optimization, and data retention in an increasingly regulated world — challenges that result in IBM System Storage products that help clients deliver and utilize information on demand.”

According to the same report, IBM achieved year-over-year revenue growth in key storage software segments including Storage Replication (+17.6 percent year-over-year), Storage Management (+15.4 percent year-over-year), File System (+14.6 percent year-over-year), Archive & HSM (+11.1 percent year-over-year), Storage Infrastructure (+12.8 percent year-over-year), and Storage Device Management (+15.5 percent year-over-year).

Read the complete Press Release