Its revenue totalled $5.1bn in the third quarter of 2011
According to Gartner, worldwide external controller-based (ECB) disk storage revenue totalled $5.1bn in the third quarter of 2011, an increase of 10.4% from $4.6 billion year over year.
Gartner research vice president Roger Cox said the third-quarter, year-over-year worldwide growth rate was the smallest percentage increase in the past seven quarters. "The North American region, which grew 6.7 percent in the third quarter, appears to be finally laboring under the weight of an extremely sluggish economy. Moreover, the prolonged debate and uncertainty around the debt ceiling as the quarter came to an end also had a negative influence on third-quarter revenue," Cox stated.
Although the APAC and Latin American regions produced the largest year-over-year revenue gains at 23% and 15% respectively, the EMEA region continued to show strong growth despite the economic problems it is beset with.
EMC, IBM, HP and Hitachi/Hitachi Data Systems, the top four vendors, gained market share in the third quarter of 2011. EMC’s strength remained its broad ECB market coverage. EMC was the leading vendor in the block-access and Special Purpose Disk Active Archiving System (PDAAS) segments. Powered by acquisition of the Isilon and the new VNX series, EMC took for the first time the top position in the network-attached storage (NAS) segment.