EMC named leader in Storage Software for Eighth Consecutive Year
HOPKINTON, Mass. - March 10, 2008

EMC Corporation (NYSE: EMC), the world leader in information infrastructure solutions, was the market share leader in storage software for the eight consecutive year in 2007 and led the worldwide storage software market in total revenue for the 20th consecutive quarter, according to the latest IDC Worldwide Quarterly Storage Software Tracker, March 2008. [a]

 

For both the full year and the fourth quarter of 2007, EMC led in four storage software categories, including storage replication, storage device management, storage infrastructure and storage management. In the storage device management software segment in 2007, EMC grew revenue to almost six times the revenue share of its closest competitor.  In addition, EMC grew revenue by almost 19%, year-on-year, in the data protection and recovery software segment for the full year, outpacing the market and grabbing share from the market leader.

 

According to EMC, the company achieved 20% annual growth in software license and maintenance revenue during 2007, when combining its storage software market leadership and other areas of software leadership like virtualization, enterprise content management and archive, resource management and information security.  Software made up approximately 40% of EMC’s overall revenue for 2007.

 

“EMC has never been better positioned to provide customers with the most complete portfolio of information infrastructure solutions,” said BJ Jenkins, EMC’s Senior Vice President, Global Marketing.  “By combining innovation with execution and integrating game-changing technologies – like data de-duplication, security and continuous data protection – EMC continues to make it easier for customers to digest new technologies.  Together, our market leading storage systems and services portfolio with our wide range of software technologies helps customers of all sizes store, protect, add intelligence to, virtualize and automate their information infrastructures.”

 

Additionally, EMC announced on March 6, 2008 that it was the #1 provider of external disk storage systems for the tenth consecutive year in 2007, according to the latest IDC Worldwide Quarterly Disk Storage Systems Tracker, March 2008. [b]

[a] Source: IDC, March 7, 2008
[b] Source: IDC, March 6, 2008

 

About EMC

EMC Corporation is the world's leading developer and provider of information infrastructure technology and solutions that enable organizations of all sizes to transform the way they compete and create value from their information. Information about EMC's products and services can be found at www.EMC.co.uk.

 

EMC is a registered trademark of EMC Corporation. VMware is a registered trademark of VMware, Inc.  All other trademarks are the property of their respective owners.

 

This release contains "forward-looking statements" as defined under the Federal Securities Laws.  Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to: (i) adverse changes in general economic or market conditions; (ii) delays or reductions in information technology spending; (iii) our ability to protect our proprietary technology; (iv) risks associated with managing the growth of our business, including risks associated with acquisitions and investments and the challenges and costs of integration, restructuring and achieving anticipated synergies; (v) fluctuations in VMware, Inc.'s operating results and risks associated with trading of VMware stock; (vi) competitive factors, including but not limited to pricing pressures and new product introductions; (vii) the relative and varying rates of product price and component cost declines and the volume and mixture of product and services revenues; (viii) component and product quality and availability; (ix) the transition to new products, the uncertainty of customer acceptance of new product offerings and rapid technological and market change; (x) insufficient, excess or obsolete inventory; (xi) war or acts of terrorism; (xii) the ability to attract and retain highly qualified employees; (xiii) fluctuating currency exchange rates; and (xiv) other one-time events and other important factors disclosed previously and from time to time in EMC's filings with the U.S. Securities and Exchange Commission.  EMC disclaims any obligation to update any such forward-looking statements after the date of this release.

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