Storage revs up in third quarter
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Unless you're HP The worldâs insatiable appetite for storing compliance data, viral emails and jpegs of Britney helped the external storage market boost revenues another 7 per cent in the third quarter.â¦
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The economy revved up its engine in the third quarter and advanced at an annual rate of 4 percent_ even faster than previously thought.
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Falling cost of PC parts gives computer maker's third quarter a boost.
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Enhanced midrange storage array, network hardware released.
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Decide to do something about portable data storage now rather than later. Let your auditors and risk management staff know that 4GB dip sticks are here, and 1.6TB gel disks are around the corner.
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The economy headed into the end of the year with good momentum, expanding at an annual rate of 4 percent in the third quarter, a faster clip than previously thought.
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Worldwide external disk storage systems factory revenues grew $239  million in the first quarter of 2007 (1Q07), posting 5.9% growth from a  year ago to $4.3 billion, according to the IDC Worldwide Quarterly Disk  Storage Systems Tracker.
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A new DVD-based storage appliance is aimed at making archiving data faster and retrieving it easier.
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Storage management offerings on tap from Microsoft Corp. and Veritas Software Corp. aim to extend data replication, archiving and indexing capabilities to accelerate backup and recovery operations.
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A look back at where hard drives have been--and where they're going.
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(InfoWorld) - While software vendor CA is pretty happy with theÂ financial performanceÂ of three-quarters of its business, its storage management operations are not up to par, according to executives. CA sees storage management as one of the company's four main business pillars, the other three being enterprise systems management, security, and business services optimization. All four form part of CA's Enterprise IT Management (EITM), the vendor's road map to both simplify and more tightly integrate all of its software products. CA is "not satisfied" with sales growth in its storage management business, John Swainson, the company's president and CEO, said Thursday during a conference call to discuss the vendor's third-quarter results for fiscal 2007. In particular, he blamed CA's indirect sales channel which the company is already taking steps to revise and rebuild, after bringing in new management last year. Swainson, who's very much a glass half-full kind of a guy, said he's optimistic that CA's storage business will turn around, perhaps before the close of fiscal 2007. He pointed to a string of purchases designed to fill in the spaces in CA's storage offerings, the most recent of which was theÂ July purchaseÂ of continuous data protection technology vendor XOsoft. CA's not the only one struggling with its storage business. Rival SymantecÂ recentlyÂ announced poor third-quarter fiscal resultsÂ in that sector of its business which it acquired through the 2005Â purchase of Veritas. As in previous financial quarters, CA's overall focus remains realignment of its sales force around the world, cost reduction and implementing new business processes, Swainson said. Nancy Cooper, chief financial officer at CA, gave an update on the vendor's implementation of SAP's enterprise applications which it sees as crucial in its ongoing transformation. CA went live with SAP's financial applications in April in the U.S. and at the end of October it got the U.S. services operation deployed on the ERP (enterprise resource planning) software. The process was "difficult both from the process and systems point of view," she said. Given the complexity of the implementation, that experience wasn't surprising, Cooper added. CA plans to roll out SAP's applications to the rest of its global operation in 2008. "We'll go step by step on this thing," she said. CA's troubled past continues to bubble up to the surface. Two more former executives wereÂ recently sentencedÂ in federal court in Brooklyn, New York, for their roles in a massive securities fraud which took place at the company several years ago. The fraud involved the false reporting of hundreds of millions of dollars in revenue before licensing agreements were finalized to bolster quarterly financial results. Earlier this week, U.S. District Court Judge I. Leo Glasser sentenced David Kaplan, CA's former senior vice president of finance and administration, to six months of home detention. Last week, the same judge sentenced Ira Zar, CA's former CFO, to seven months in prison and seven months of home detention. In November, Judge Glasser sentenced CA's former CEO Sanjay Kumar toÂ 12 years in prisonÂ and a $8 million fine, while codefendant Stephen Richards, the ex-head of worldwide sales at CA, later received a seven-year jail term. Â
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Well, it grew a bit, says IDC Research house IDC reckons the worldwide storage market reached $4.8bn last year - a six per cent growth on last year.â¦
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The worldwide demand for storage capacity continues to accelerate rapidly, with the latest research from analyst IDC showing a 41.
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Productivity grew at a slightly faster-than-expected annualized pace in the 2nd quarter, the highest since the 3rd quarter of 2005, government data showed.
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News and survey results from Computerworld's twice-annual storage conference.
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Seagate Technology (STX.N: Quote, Profile, Research) on Tuesday raised its quarterly revenue and profit forecasts for the December quarter on strong seasonal demand for newer products, surpassing analysts&#39; forecasts and sending its
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The hard drive maker on Tuesday raised its quarterly  revenue and profit forecasts for the December quarter on strong  seasonal demand for newer products, surpassing analysts'  forecasts.