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EMC remains top dog for external disk storage solutions

by | Mar 6, 2012

For the 15th consecutive year, EMC was the top external disk storage vendor in the world in 2011, according to market research firm IDC.  The company said it achieved twice the revenue and market share of the second-place business last year.

In the fourth quarter, EMC said its industry revenue increased by more than 22 percent, while its market share increased by 3.5 percentage points compared to the previous year’s fourth quarter

EMC announced that its line of storage solutions, including its cloud computing, big data and virtualization applications, all helped drive its success in the external disk storage market.

“EMC continues to invest, innovate and deliver technologies that help customers store, manage, protect, analyze and secure their information,” said EMC president and COO Pat Gelsinger. “We’re committed to helping customers improve business agility, lower costs and enhance their competitive advantage.”

Overall, 2011 was a successful year for EMC. The company announced in January that its fourth quarter profits increased by 14 percent from the previous year, reaching $5.6 billion, while its total revenue grew to $20 billion.