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Symantec stumbles, drops further behind EMC

Shaky second quarter

Internet Security Threat Report 2014

The gap between EMC and Symantec storage software revenues is widening, according to IDC's worldwide quarterly Storage Software Tracker.

For the second quarter of this year, Symantec's revenues of $488m were 67.6 per cent of EMC's $722m. A year ago, at $524m they were 82.1 per cent of EMC's $638m. IDC says EMC and Symantec ranked first and second respectively in the market for storage software this quarter.

IBM was in third place with $410m revenues, up 10.6 per cent compared to the second quarter of 2009. Over the same period EMC's storage software revenues grew 13.3 per cent while Symantec's declined 6.9 per cent. At this rate IBM could overtake Symantec sometime in 2011.

NetApp holds the fourth position with revenues of $256m, up six per cent, while CA is a bit of a fading star in fifth place with revenues up two per cent to $108m, performing worse than the market as a whole, which grew 3.3 per cent to almost $3bn. However, HP recorded the worst performance of the top six vendors, with a 10.3 per cent fall in revenues to $97m.

Storage software revenues for the second quarter actually decreased by 2.3 per cent compared to the first quarter of the year. Laura DuBois, IDC's storage software program VP, said the growth compared to last year's second quarter came from EMC, IBM and NetApp. The market segments where spending rose were "data protection and recovery (up 4.9 per cent year over year), archiving (up 8.2 per cent), storage management (up 5.8 per cent), and storage infrastructure (up 12.7 per cent)". ®

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