Feeds

EMC ride recession-proof mass storage market

Is storage really a non-discretionary item?

  • alert
  • submit to reddit

The essential guide to IT transformation

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? ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
Founder (and internet passport fan) now says privacy is precious
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
Facebook to let stalkers unearth buried posts with mobe search
Prepare to HAUNT your pal's back catalogue
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.