Feeds

Enterprise storage ‘loses profits momentum’

Q3 even worse than anticipated

  • alert
  • submit to reddit

Protecting against web application threats using SSL

It was a tougher than usual third quarter for the enterprise storage and switches vendors - and their resellers, channel consultancy Global Touch reports.

But in a bad quarter some are doing better - or less badly - than others, according to Channel Tracker, the quarterly survey of resellers, disties, systems integrators etc. produced by Global Touch. (The survey participants collectively account for $123bn sales a year, so they are a good snapshot of the market.)

For sequential quarter revenue growth (Q3, compared with Q2), US survey respondents indicated that
"HP/Compaq, IBM, Maxtor (MaxAttach), Quantum (Snap), and SUN (T3) were in-line with expectations. Brocade, EMC, Hitachi, and Network Appliance were below expectations.

In Europe it was a slightly different story with
"Brocade, HP/Compaq, Hitachi, Maxtor (Max Attach), and Snap (Quantum) were in-line with expectations. EMC, IBM, Network Appliance and SUN (T3) are extremely below expectations".

In Q4, Channel Tracker's US panel predict HP/Compaq, Maxtor, and Quantum will have strongest enterprise storage and switches revenue growth (up 10 to 19 percent) compared to CQ4, 01. European respondents call Q4 slightly differently, forecasting strongest growth for IBM and HP.

Corporate Paralysis

For the seventh quarter in a row, Global Touch's Channel Tracker Survey, is reporting customer delays and cuts over capital spending and stretched technology lifecycle replacements. Also Q4, traditionally a big IT spending quarter, with many corporates making sure they spend ther budget allocation for the year, looks less than promising, and resellers are cutting back their forecasts, in the face onf "continued corporate IT spending paralysis".

And if that wasn't tough enough, vendors are competing increasingly with their resellers, in the drive to hit targets. The spot channel - where brokers sell product below usual prices - is awash with equipment from enterprise storage and switch vendors, Global Touch reports. ®

More stuff like this at The Register Enterprise Storage Channel

Choosing a cloud hosting partner with confidence

More from The Register

next story
Wanna keep your data for 1,000 YEARS? No? Hard luck, HDS wants you to anyway
Combine Blu-ray and M-DISC and you get this monster
US boffins demo 'twisted radio' mux
OAM takes wireless signals to 32 Gbps
'Kim Kardashian snaps naked selfies with a BLACKBERRY'. *Twitterati gasps*
More alleged private, nude celeb pics appear online
Google+ GOING, GOING ... ? Newbie Gmailers no longer forced into mandatory ID slurp
Mountain View distances itself from lame 'network thingy'
Apple flops out 2FA for iCloud in bid to stop future nude selfie leaks
Millions of 4chan users howl with laughter as Cupertino slams stable door
Students playing with impressive racks? Yes, it's cluster comp time
The most comprehensive coverage the world has ever seen. Ever
Run little spreadsheet, run! IBM's Watson is coming to gobble you up
Big Blue's big super's big appetite for big data in big clouds for big analytics
Seagate's triple-headed Cerberus could SAVE the DISK WORLD
... and possibly bring us even more HAMR time. Yay!
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.