VERITAS Software Corporation continues to lead the backup and recovery software market and the storage management market for volume management/virtualisation software.
According to a new Gartner report, VERITAS Software led the market for Unix and Windows server backup products with 48.4% share, representing market share growth of 30% year over year. In the volume management and virtualisation market, VERITAS was also ranked number one with 79.9% share in 2001 based on revenue.
"VERITAS Software`s leadership within all major storage software markets is a testament to the strength of our technology, services and support," said Gary Bloom, chairman, president and CEO, VERITAS Software. "We will continue to innovate and deliver products and services that will help our customers better manage, access and utilise their business-critical information."
Overall storage management market
VERITAS Software is the non-array-based storage software leader with 30% market share - a 12% lead over the nearest competitor. According to Gartner Dataquest, VERITAS Software`s 2001 new licence sales increased by 13.7% over 2000, while the worldwide storage software market grew at only 3%. (See press release dated 25 March: http://www.veritas.com/news/press/PressReleaseDetail.jhtml?NewsId=9497)
Backup and recovery software
When all platforms are included, VERITAS Software is the 2001 market share leader in the worldwide backup and recovery software market based on revenue with 40.8% market share and 25% growth over 2000, the strongest growth of the top 10 vendors.
VERITAS Software is also recognized as a leader in the Gartner Enterprise Backup Magic Quadrant. (See press release dated 25 March: http://www.veritas.com/news/press/PressReleaseDetail.jhtml?NewsId=9495)
Volume management/virtualisation
VERITAS Software continues to lead the market with 79.9% market share.
SAN management
VERITAS Software was recognised as a leader in the Gartner SAN Management Magic Quadrant. (See press release dated 25 March: http://www.veritas.com/news/press/PressReleaseDetail.jhtml?NewsId=9495)
Availability software and clustering
According to Dan Kusnetzky, IDC`s vice president of system software research, VERITAS Software is expected to be the leader in clustering and availability software for 2001. From 1999 to 2000, VERITAS Software had the strongest growth of the top five vendors at 121%.
Share
VERITAS Software Corporation (Nasdaq: VRTS) is the leading provider of storage management software for data protection, disaster recovery, storage virtualisation, storage area networks and application availability. More than 86% of Fortune 500 companies rely on VERITAS Software`s solutions for interoperability across diverse applications, servers, hardware, and storage appliances. With 5 700 employees in 36 countries and revenues of $1.5 billion in 2001, VERITAS Software ranks among the top 10 software companies in the world. The company`s corporate headquarters is located at 350 Ellis Street, Mountain View, CA 94043. (650) 527-8000, fax: (650) 527-8050, e-mail: vx-sales@veritas.com, Web site: www.veritas.com.
Sources:
Gartner "2001 Storage Management Software Market Share," Gartner, C DiCenzo, March 27, 2002 Gartner "Enterprise Backup/Restore Market: Magic Quadrant," S Zaffos, C DiCenzo, R Paquet, March 2002.
Gartner "Preliminary SAN Management Software Magic Quadrant," N Allen, C DiCenzo, RP Passmore, January 2002.
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