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Moneycontrol India :: News :: IBM leads external storage in 2Q07 with 23.7% mkt share :: :: Press- News :: IBM India,external storage , IDC Asia/Pacific,revenue,revenue,disk storage ,Sanjit Sinha,IDC,Shailesh Agarwal,software, hardware
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IBM leads external storage in 2Q07 with 23.7% mkt share
2007-10-15 18:52:36 Source : Moneycontrol.com
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IBM India today announced that it continues to lead the external storage market in India as per the IDC Asia/Pacific Quarterly Storage Tracker, 2Q 2007, September 2007. In terms of Factory Revenue, IBM India recorded a market share of 23.7% in the external storage segment with a revenue growth of 20.8% YOY (2Q 2007 over 2Q 2006) and maintained the #1 position on a rolling four quarters (RFQ, 3Q 2006 to 2Q 2007) basis with 22.2% market share as per the aforementioned IDC tracker.

 

In addition, in the same quarter, IBM also retained the #1 position in the high end external storage market ending the quarter with 58.5% share, in terms of factory revenue (gaining 11.5% YOY). This market segment brought in nearly half of IBM’s external disk storage revenues. IBM India has been experiencing a steady growth in the external storage space in the last one year (Q3 2006 - Q2 2007).

 

Sanjit Sinha, Research Lead - Hardware Research, IDC (India) Limited said, “IBM continues to reach new heights in India and dominance in the external storage space is just the beginning. IBM’s comprehensive product portfolio for companies of all sizes, continued development of Express Advantage storage offerings for medium businesses, and a concentrated focus on expanding SMB operations have all been significant contributors to IBM’s success in this market.”

 

“IBM stands strong as one of the most trusted IT vendors in India today, and our ability to deliver first-class solutions and services tailored to fit organizations of all sizes and sectors proves our commitment to the growth of the Indian economy. We have a long heritage of transforming business, offering solutions for clients of all sizes,” said Shailesh Agarwal, Country Manager- Storage, IBM India/South Asia.

 

He further added, “We have introduced a significant number of new technologies including the DS3000, as well as enhancements with virtualization and grid computing capabilities that have all been on track and well received by our new and existing customers. However, in addition to these offerings, IBM works closely across all divisions of the Systems and Technology Group alongside IBM Global Services to provide customers with an unmatched value proposition that is in a league of its own.”

 

IBM provides innovative technology, open standards, excellent performance, and a broad portfolio of storage proven software, hardware and solutions offerings. Thus far 2007 has been a rock solid year for the IBM storage portfolio and it is expected to continue strong in all areas moving forward. 

 

Sourced From: Vox Public Relations

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