Gartner observes storage software growth

Research firm says the worldwide storage management software industry grew 12% in 2004.

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By  Simon Duddy Published  May 3, 2005

Gartner says the worldwide storage management software industry rose from US$5 billion in new license revenue in 2003 to US$5.6 billion in 2004, representing 12% year on year growth. The research firm puts this down to strong sales in the storage resource management (SRM) segment, which grew 30.8% to reach US$612 million in 2004. This segment includes products that monitor and manage capacity and performance across multiple storage and server platforms. ”Storage resource management was the second smallest segment in 2004, but it is expected to continue to record fast growth as enterprises look to better manage storage capacity utilisation and begin to automate some of the management functions,” says Carolyn DiCenzo, research vice president at Gartner. “For some companies, the need to manage IT as a utility with service-level agreements between IT and the business units is also driving new requirements and increased interest in SRM,” she explains. EMC, Veritas, IBM, and Computer Associates remained the top four vendors based on new license storage software revenue in 2004. Network Appliance showed the strongest growth of the top ten vendors, as it moved from the number seven position in 2003 to number five in 2004. ”The need to better incorporate electronic records into a total records management solution will offer real opportunity for storage vendors, but customers will need to look beyond the hype to determine exactly how a specific storage product will fit into their process,” says DiCenzo. “Storage vendors will play a significant part in providing some of the tools needed to do information lifecycle management (ILM) but understanding the content will be a key component that will take more than just storage tools,” she adds.

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