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EMC #1 In External RAID Storage Systems Revenue For 8th Consecutive Year, Analyst Firm Reports

  • 07 March, 2005 11:54

<p>Analyst Firm Reports EMC Captured #1 in Western Europe in 2004; Q4’04 was EMC’s Sixth Straight Quarter of Revenue Share Gains;</p>
<p>SYDNEY, Australia – March 7, 2005 – EMC Corporation, the world leader in information storage and management, led in worldwide external RAID storage revenue for the eighth consecutive year in 2004. According to a new report from IDC, EMC also regained its lead in worldwide revenue for all external disk storage systems last year [a]. In the fourth quarter, number one EMC grew its portion of that market for the sixth consecutive quarter, gaining more share than any of the next six-largest suppliers [b].</p>
<p>Howard Elias, EMC executive vice president, Corporate Marketing and Office of Technology, said, “EMC’s market momentum in 2004 speaks to the investment we continue to make in developing and delivering industry-leading products, the strength of our execution, the soundness of our strategy and, most of all, it speaks to the commitment we have made innovating for customer success. During the year our broad portfolio of solutions continued to catch the attention of customers eager to leverage best-of-breed tiered networked storage systems, software and services for their information lifecycle management strategies.”</p>
<p>While the EMC Symmetrix family of storage systems continued to set the high-end standard in 2004, its midrange systems accelerated EMC’s share gains throughout the year. As EMC reported in January, revenue from EMC CLARiiON, Centera and Celerra networked storage systems grew 46 per cent during the year, nearly ten-fold the rate of the total external disk storage systems market in 2004, which grew 4.7 per cent according to IDC.</p>
<p>2004 and Fourth Quarter Highlights</p>
<p>In 2004, EMC was number one in external disk storage systems revenue with 21.1 per cent share, growing revenue approximately four times faster than the total market and recapturing the top spot for the full year from Hewlett-Packard, which became the revenue leader in 2002 when it acquired Compaq. According to IDC, EMC first took over number one on a quarterly basis in the first quarter of 2004 and has steadily expanded its revenue share lead since. In the fourth quarter, EMC led the market with 22 per cent revenue share.</p>
<p>In 2004 and the fourth quarter, EMC also widened its worldwide revenue share lead in external RAID storage and networked storage, which includes Fibre Channel SANs, iSCSI SANs and network-attached storage (NAS). In 2004, EMC led in external RAID storage revenue for the eighth consecutive year with 22.8 per cent revenue share and was again number one in networked storage with 28.8 per cent share. During the fourth quarter, EMC extended its lead in external RAID to 23.6 per cent revenue share and it grew revenues faster than the next three closest vendors. In the fourth quarter, EMC led networked storage with 29 per cent revenue share, outpacing the next two-closest vendors.</p>
<p>North America, Western Europe and Asia Pacific</p>
<p>EMC’s continued focus in North America, Europe and Asia enterprise markets, coupled with increased investments in the small- to medium-enterprise segments and emerging markets, led to share gains across the world last year. According to IDC, EMC was number one in external RAID disk storage systems revenue in the United States in 2004 with 30.8 per cent revenue share. In Western Europe, EMC took over the number one position in external RAID disk storage systems revenue from Hewlett-Packard last year, leading with 21.8 per cent revenue share. In Asia Pacific, EMC recorded the highest 2004 revenue growth rates for external RAID among the five-largest suppliers.</p>
<p>-ends-</p>
<p>About EMC</p>
<p>EMC Corporation (NYSE: EMC) is the world leader in products, services and solutions for information storage and management that help organisations extract the maximum value from their information, at the lowest total cost, across every point in the information lifecycle. Information about EMC’s products and services can be found at www.EMC.com.</p>
<p># # #</p>
<p>[a] IDC “Worldwide Quarterly Disk Storage Systems Tracker, March 2005”; EMC share includes factory revenue from “EMC” branded storage systems only and excludes sales of re-branded EMC systems sold by EMC partners including Dell, Fujitsu-Siemens, Samsung and Langchao Electronic Information Industry Corp., Ltd.</p>
<p>[b] All comparisons included in this release are year over year unless noted.</p>
<p>This release contains “forward-looking statements” as defined under the Federal Securities Laws. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to: (i) adverse changes in general economic or market conditions; (ii) delays or reductions in information technology spending; (iii) risks associated with acquisitions and investments, including the challenges and costs of integration, restructuring and achieving anticipated synergies associated with the acquisitions of LEGATO Systems, Inc., Documentum, Inc. and VMware, Inc.; (iv) competitive factors, including but not limited to pricing pressures; (v) the relative and varying rates of product price and component cost declines and the volume and mixture of product and services revenues; (vi) component quality and availability; (vii) the transition to new products, the uncertainty of customer acceptance of new product offerings and rapid technological and market change; (viii) insufficient, excess or obsolete inventory; (ix) war or acts of terrorism; (x) the ability to attract and retain highly qualified employees; (xi) fluctuating currency exchange rates; and (xii) other one-time events and other important factors disclosed previously and from time to time in EMC’s filings with the U.S. Securities and Exchange Commission. EMC disclaims any obligation to update any such forward-looking statements after the date of this release.</p>
<p>CONTACTS:</p>
<p>Emma Rogers
Corporate Communications Manager
EMC Australia and New Zealand
+61 2 9925 7942 or + 61 0408 237 309
rogers_emma@emc.com</p>
<p>Marty Filipowski
Spectrum Communications
+61 2 9954 3299
martyf@spectrumcomms.com.au</p>

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