European Monetary Union will mean a massive increase in corporate spend on storage, EMC claimed at the launch of its Symmetrix range yesterday. The company also claimed it had drawn ahead of the IBM-Storage Technologies alliance in the number of subsystems shipped.
Mike Ruettgers, chief executive and president of EMC, said that the introduction of dual currencies means that large European corporations will have to buy more storage to run their systems as records will have to be duplicated. Retailers and banks will have to prepare these types of systems in advance, regardless of whether or not countries in the EU adopt the Euro, he said.
?BZW puts the cost of monetary union at $23.5 billion in Europe. This will involve massive storage,? he said. ?In 1997 our principal goal is to dominate the enterprise storage market. We?re clearly the market leader and may be the only company in the area. EMC is selling into a $10 billion marketplace,? Ruettgers added. ?IBM stayed with old systems for too long and the train has left without them.?
Ray Fortune, senior vice president of sales at EMC, said: ?Nobody predicted that we would ever be a leader in this field. IDC recently declared that our share grew and IBM's declined despite the fact that it sold Storage Technology products.? That gave IBM 31.5 per cent market share to EMC?s 41 per cent in terms of gigabytes shipped, he claimed.
The IDC figures tell one story for gigabytes and another for revenues, according to the analysts themselves. In sales terms, IBM has 42.1 per cent, EMC 33.2, Hitachi 16.1, Amdahl 2.7 and Storagetek 5.5 per cent.
Fortune said that the Symmetrix range of storage devices, which use Seagate drives and EMC software, allow corporate users to connect any server while IBM?s storage subsystems in the AS/400, RS/6000 and S/390 ranges could not interconnect.
?Our customers are looking at consolidating their data across the enterprise. The traditional segmentation by CPU or by operating system is losing its relevance,? Fortune said. He said the product introductions, which offer access speed of 5-6ms and include 9Gbytes and 23Gbytes drives, were already being adopted by a number of the largest European corporations including BT, Mercury, France Telecom, BMW, Peugeot, Natwest and Abbey National.
Delays to the roll-out of age verification for adult websites hasn't stopped government from considering extending them to more websites
Bluehole confirms rumours that Playstation 4 port is coming on 7 December
Atmospheric iodine works as a significant sink of tropospheric ozone, nullifying the harmful pollutant
A temperature rise of just 1.8° C would melt major ice sheets