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Storage: Storage Sales Buck the Bad Economy

By Dick Weisinger

While sales of anything are almost universally down, storage sales were up in 2008 and expected to continue to grow. Gartner reports that storage sales in 2008 grew from $16.2 billion to $18 billion, or about 11.3 percent.

The top seven storage companies are (in order of sales):
EMC
IBM
HP
Hitachi Data
Dell
Network Appliances
Sun Microsystems

ZD quotes Freeform Dynamics Jon Collins as saying “Storage just continues to beat the market and will continue to grow. There is no recession in storage for many reasons, but the two main ones are: the continuing growth of rich media, and compliance. As long as we need to keep records of everything, the need for more storage will always be with us.”

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