IBM Disk Storage Systems Continues Growth, According to Leading Research Firm

IBM Disk Storage Systems Continues Growth, According to Leading Research Firm

IDC’s second quarter 2006 Worldwide Quarterly Disk System Tracker report reflects continued revenue growth worldwide in overall external disk storage systems for IBM (NYSE: IBM), with IBM outpacing EMC in year-to-year revenue growth rate for the fifth consecutive quarter [1]. The results also mark the sixth consecutive quarter of revenue growth for IBM in external disk storage systems, as tracked by IDC.

Based on IDC’s worldwide second quarter disk storage systems tracker results, IBM’s continued growth in external disk was highlighted by strong gains in Latin America, with a 32% year-over-year gain, exceeding the overall Latin America growth rate of 23%. IBM was the number one vendor of external disk storage in Latin America during the second quarter with a 26.1% share compared to 21.8% for the No. 2 vendor, HP. IDC also reported strong growth for IBM in EMEA.

“IBM continues to expand its presence in storage and once again grew at a faster rate than EMC by delivering leading-edge storage solutions that help our customers address their information on demand needs,” said Barry Rudolph, vice president, System Storage. “IBM just announced one of the single largest expansions of its storage portfolio, including the introduction of the IBM System Storage DS8000 Turbo, the System Storage N7000 line, as well as a new version of its industry leading storage virtualization software, which is great news for customers, and bad news for the competition.”

In August, IBM completed a comprehensive and sweeping expansion of its storage portfolio with the introduction of new and faster systems, enhanced products across its storage line, and new offerings from its OEM relationship with Network Appliance that collectively address the information-on-demand needs of businesses, large and small.

Read the complete Press Release