HAVANT, England, Dec. 21, 2010 /PRNewswire/ -- Xyratex Ltd (Nasdaq : XRTX ), a leading provider of enterprise-class data storage subsystems and storage process technology, today announced that IDC recognized Xyratex as the world's largest supplier of disk storage systems to the original equipment manufacturer (OEM) market in 2009. The supplier ranking was based on 2009 revenue and highlighted that Xyratex accomplished this while increasing its market share from 25% to nearly 30%.
In the report issued by IDC, "Worldwide Disk Storage Systems 2009 Vendor Shares: Year in Review," (IDC #225847, December 2010), Xyratex was recognized as the world's largest OEM supplier. In this comprehensive independent review of the worldwide disk storage market, IDC analyzed the market share data of the top 32 disk storage system vendors as well as major storage system OEM suppliers. In IDC's assessment of OEM revenues for selected suppliers, Xyratex ranked first in 2009, capturing 29.8% of the OEM disk storage systems market. Xyratex supplied four of the top five storage systems vendors in 2009, shipping over 1.5 exabytes of storage through its customer base.
"Xyratex's business model and commitment to its customers provides a compelling solution to OEM suppliers. OEMs are able to focus on their core competencies while relying on Xyratex's expertise in delivering hardware platform for their storage solutions," said Natalya Yezhkova, Research Director, Storage Systems, IDC. "Storage capacity is forecasted to grow at 50% CAGR through 2014 driven by demand for enterprise storage systems. This demand will create steady opportunity for Xyratex to grow its business with OEM customers and to increase its footprint in the industry."
"I am delighted to see Xyratex listed in IDC's report as the world's largest OEM supplier despite the economic factors that affected the industry in 2009," said Steve Barber, Chief Executive Officer, Xyratex. "This recognition by IDC validates the significant role Xyratex plays in the data storage market place. Our strong customer base and success in supplying our customers with a quality product portfolio contributed to our achievement of increasing our share in the OEM provider market space. The insatiable need to create and store data, along with our focus on our customers' data storage needs, will enable Xyratex to capitalize on the growth projected in the enterprise storage market."
Xyratex is a leading provider of enterprise-class data storage subsystems and storage process technology. The company designs and manufactures enabling technology that provides OEM and disk drive manufacturers with data storage products to support high-performance storage and data communication networks. Xyratex has over 25 years of experience in research and development relating to disk drives, storage systems, and high-speed communication protocols.
Founded in 1994 in a management buy-out from IBM, and with headquarters in the UK, Xyratex has an established global base with R&D and operational facilities in Europe, the United States, and Southeast Asia.
SOURCE Xyratex Ltd