Storage management software revenue 'up by an eighth'
19 Jun 2008
Expenditure on storage management software has increased by around an eighth in the past year, according to new figures from Gartner.
The research organisation has detected a 12.2 per cent growth in revenues derived from the sale of such software during 2007.
Within the sector, the five leading vendors provide almost three-quarters (74 per cent) of all storage management software and, Gartner reports, are providing an ever-greater variety of software for emerging technologies such as virtualisation and deduplication.
Alan Dayley, research director at Gartner, says: "As companies continue to be pressured by the move to virtualisation and the need to make data more easily recoverable and accessible, they have increased spending for updated backup, recovery and data replication software."
Sales of software for backup and recovery increased by 11.4 per cent compared with 2006 figures, while Gartner adds that replication software was also a driving force behind the success of the market as a whole.
Other recent findings from the firm indicate that security software, such as that used to prevent data leakage and to meet with compliance requirements, achieved sales growth of about a fifth over the same 12-month period..
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