IBM Unveils New Storage Offerings - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
News

IBM Unveils New Storage Offerings

IBM unveils new storage products.

Bolstering its assault on the $7.5 billion storage infrastructure market, IBM Tuesday unveiled new products that it says will let companies access crucial business data faster than ever.

IBM's mainframe customers will soon be able to connect their systems to IBM's Shark enterprise storage device using a high-speed Fibre Channel connection. IBM says the link transfers data up to six times faster than systems that use the industry standard Enterprise Systems Connection.

At the same time, the company introduced two new versions of its TotalStorage Virtual Tape Server--the first to be powered by IBM's high-speed copper chip technology, providing a 100% speed increase over older models. The new tape server will be available at the end of August, while the Fibre Channel Shark upgrade will ship at the end of September. IBM also introduced a number of other storage related products, including a new disk controller that facilitates Fibre Channel connections to servers made by Sun Microsystems and Hewlett-Packard, as well IBM's own servers.

IBM's emphasis on storage isn't surprising. Research firm Gartner currently values the market at $7.5 billion and expects it to grow to $14.7 billion by 2004. Storage is also one of IBM's fastest growing businesses. In the second quarter, sales of the company's Shark enterprise storage system grew 55 % to about $350 million. Meanwhile, market leader EMC Corp. reported that sales of storage systems fell 19% in the second quarter to $1.22 billion.

Helping to boost IBM's fortunes in the hotly competitive storage market, analysts say, is the fact that IBM has been undercutting EMC on price. Says David Hill, an analyst with the Aberdeen Group, "But eventually you'll probably see EMC respond in kind."

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
State of the Cloud
State of the Cloud
Cloud has drastically changed how IT organizations consume and deploy services in the digital age. This research report will delve into public, private and hybrid cloud adoption trends, with a special focus on infrastructure as a service and its role in the enterprise. Find out the challenges organizations are experiencing, and the technologies and strategies they are using to manage and mitigate those challenges today.
Commentary
IT Salary Report 2020: Get Paid What You Are Worth
Jessica Davis, Senior Editor, Enterprise Apps,  2/12/2020
Slideshows
10 Analytics and AI Startups You Should Know About
Cynthia Harvey, Freelance Journalist, InformationWeek,  2/19/2020
News
Fighting the Coronavirus with Analytics and GIS
Jessica Davis, Senior Editor, Enterprise Apps,  2/3/2020
Register for InformationWeek Newsletters
Video
Current Issue
IT Careers: Tech Drives Constant Change
Advances in information technology and management concepts mean that IT professionals must update their skill sets, even their career goals on an almost yearly basis. In this IT Trend Report, experts share advice on how IT pros can keep up with this every-changing job market. Read it today!
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll