EMC Extended Storage Software Market Share Lead

EMC Corporation extended its storage software lead in the fourth quarter of 2003, according to data released today by IDC [1]. EMC outpaced the total storage software market and extended its #1 position over the next closest provider to lead with 31.7% revenue share. EMC continued to lead two of the three major storage software segments during the quarter, Storage Resource Management (SRM) and Storage Replication. In the Backup and Archiving software segment EMC was the revenue growth leader among the three largest vendors and outpaced each of its four closest competitors on an annual growth basis for the fourth quarter. market, growing revenue more than two and a half times the market rate, and led the Storage Replication and SRM software segments. EMC was the only SRM provider of the top nine to gain share, extending its lead by 8 points to 49.3% revenue share. Howard Elias, EMC's Executive Vice President of Corporate Marketing and Office of Technology, said, "EMC steadily increased its share of the storage software market throughout 2003 by helping customers implement and derive real business and cost benefits from information lifecycle management. Fourth quarter share growth came from EMC capitalizing on its ability to deliver a complete solution for customers' varied information lifecycle management needs." Elias continued, "LEGATO Software's accelerated growth throughout 2003 concluded with record revenues in the fourth quarter, a near 100 percent increase in the rate of customer migrations away from its largest competitor and the addition of more than 1,400 new LEGATO customers during the year. In the fourth quarter LEGATO's technological leadership in backup and restore played a key role in EMC's delivery of integrated information protection and recovery across heterogeneous, tiered networked storage." [1] Source: IDC's Worldwide Quarterly Storage Software Tracker Q4 2003; EMC figures reflect the combined results of EMC and LEGATO.