Feeds

EMC ride recession-proof mass storage market

Is storage really a non-discretionary item?

  • alert
  • submit to reddit

Combat fraud and increase customer satisfaction

The recession may be coming, but enterprise storage companies are likely to fare well, despite any capital spending slowdown. And EMC will fare better than most, according to recent CIO surveys by a clutch of US investment banks.

Spending on data storage technology is increasingly non-discretionary, Smith Barney analyst John Dean argues. "The need for data inexorably expands by vitue of information technology applications. Data storage, as the fundamental key to the management of information, constitutes the central strategic asset of the leading companies in nearly every industry today."

BT Alex Brown analyst Philip Rueppel agreed that storage system markets remain robust. EMC was well positioned to grow faster than the market, because of its status as an independent supplier of storage systems, he said.

EMC is one of the world's big four enterprise storage vendors, ranking alongside Compaq, IBM and Sun Microsystems. Unlike its major competitors, EMC sells direct. This month, the company entered the ranks of Fortune Magazine's annual list of "The World's most admired companies".

And it is so pleased with the accolade that it has issued a press release to tell the World just how much it admires the company. Massachusetts-based EMC tipped in at number 4 with a bullet in Fortune Magazine's computer company category, behind IBM, Intel and HP, and ahead of Dell Computer, IBM, Sun Microsystems and Compaq. The company has also been named as the one of the world's 100 Best-Managed Companies by Industry Week. The question is: how much is down to good management, and how much is down to riding a bull technology? ®

Combat fraud and increase customer satisfaction

Whitepapers

Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.