Strong Demand for Storage Software Drives Third Quarter Revenues to Second Largest Quarterly Total on Record, According to IDC




IDC Press Release 

FRAMINGHAM, Mass. — Storage software revenues reached nearly $3.5 billion in the third quarter of 2011 (3Q11), a 9.7% increase over the same quarter in 2010. This makes 3Q11 the second largest revenue-generating quarter in the nine years that International Data Corporation (IDC) has been tracking the market. Over the past nine years, only the first quarter of 2011 has generated more revenue than during 3Q11, according to IDC’s Worldwide Storage Software QView.

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