HOPKINTON, Mass., May 17, 2012 /PRNewswire/ -- EMC Corporation (NYSE: EMC) today announced it has captured the #1 revenue market share position in Gartner's recent report: "Market Share: Network Attached Storage/Unified Storage Market, Worldwide, 2011*." According to Gartner's report, EMC revenue attributable to NAS/unified storage nearly doubled year-over-year to $2.8B, making it the fastest-growing NAS/unified storage vendor.
"We believe our diversified, best-in-class approach to information storage has helped catapult EMC to the top of the NAS/unified storage market," said Pat Gelsinger, President and Chief Operating Officer, EMC Information Infrastructure Products. "EMC has a long and proven track record of effectively adding new technologies to its product portfolio and nurturing them to outperform the market. EMC's industry-leading products from its Unified Storage, Isilon and Backup and Recovery divisions are stand-outs in this area. Our vision, customer centric focus and ability to execute are why we're outstripping the competition in this growing and highly competitive market. Our solid product strategy and vision for transforming and accelerating our customers' journey to the cloud is driving our leadership."
Overall, Gartner reports worldwide vendor revenues for the NAS /unified storage market increased 32.5% in 2011 compared with 2010, reaching $6.8 billion. The estimated pure NAS market grew 21.5% to $4.5 billion. The report also cites block storage vendors adding NAS capabilities to their SAN storage arrays with a unified management interface as a key growth driver for this market.
Additionally, the report discusses the hard-disk drive (HDD) shortage due to flooding in Thailand in October 2011. The report points to the significant impact on the low-end NAS market, noting that EMC is the only top-tier storage system vendor in the market. Other vendors were adversely affected due to their disk drive sales volumes being too low to form a strategic relationship with HDD suppliers, and low-end drives being more severely impacted by the flood than midrange or high-end drives.
EMC Corporation is a global leader in enabling businesses and service providers to transform their operations and deliver IT as a service. Fundamental to this transformation is cloud computing. Through innovative products and services, EMC accelerates the journey to cloud computing, helping IT departments to store, manage, protect and analyze their most valuable asset — information — in a more agile, trusted and cost-efficient way. Additional information about EMC can be found at www.EMC.com.
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Market Share Analysis: Network-Attached Storage/Unified Storage, Worldwide, 2011
Published: 22 March 2012, Analyst(s): Pushan Rinnen
SOURCE EMC Corporation