IBM Achieves Fastest Growth Among Top Three External Disk Storage Vendors, According to Leading Research Firm

IBM Achieves Fastest Growth Among Top Three External Disk Storage Vendors, According to Leading Research Firm

IBM today announced the fastest external disk storage systems revenue growth in the fourth quarter of 2005 among the top three external disk storage vendors, according to data released by IDC(1). Growing 47 percent worldwide, IBM outpaced both EMC and Hewlett-Packard.

The report also indicates that IBM outgrew EMC and HP for the year, with IBM external disk storage systems achieving 24 percent full year revenue growth as measured by IDC. IBM was also the only one of the three top vendors to increase its revenue share year over year, and saw the largest fourth quarter revenue share increase of any individual vendor reported by IDC.

“There’s a sea change occurring in the storage industry, causing customers to increasingly consider and adopt IBM’s storage technology as they are faced with escalating requirements to capture and store data,” said Andy Monshaw, general manager of IBM Storage. “One key driver is our belief in open systems that free customers from the proprietary lock of a single vendor. IBM’s Virtualization Engine offerings, including SAN Volume Controller, are designed to help release customers from vendor lock-in by creating the flexibility to build open storage environments.”

Read the complete Press Release