Hitachi announces new USP V platform
"Last week, Hitachi Data Storage (HDS) refreshed its high-end Universal Storage
Platform (USP) offering with increased performance and capacity (+40% and
+500%, respectively, vs. prior generation Tagmastore USP). In addition, the new
USP V offers thin provisioning for high-end platforms in production environments.
We expect HDS's new offering to place incremental pressure on EMC's DMX-3
Symmetrix revenue, as EMC does not offer heterogeneous virtualization or thinprovisioning
technology. Given HDS's technological leadership we expect the
high-end storage market to become increasingly competitive. At the same time,
we believe recent software acquisitions / growth are supporting EMC's companywide
margins offsetting underlying pressure in EMC's storage business. We
expect earnings from EMC's hardware business to remain under pressure and
maintain a Hold rating on the shares." (14-May-2007)
Enterprise Edge: EE#68 Storage Share Trends
"Our checks and analysis suggest Hitachi Data Systems (HDS) is taking market share in high-end storage from EMC and IBM largely due to the virtualization capability of its TagmaStore product." (07-Aug-2006)
EMC: Sales Cycles Extends; Cutting Again
"In addition, we believe the competitive environment has intensified, with Hitachi, NetApp and a healthier HP zeroing in on storage. As discussed in past research, our checks show both Hitachi and NetApp are gaining share." (14-Jul-2006)
EMC: A Big Price
Deustche Bank notes: "We believe EMC’s acquisition of RSA Security, as well as its overall acquisition strategy suggest that EMC is focused on buying growth to offset slowing growth in Symmetrix and CLARiiON. In addition, we believe EMC’s acquisition strategy creates additional integration / execution risks for investors which could act as an overhang to EMC’s multiple. We rate EMC’s shares Hold."
(29-Jun-2006)
Hitachi Introduces New Storage Product
"Yesterday, Hitachi Data Systems (HDS) introduced its new high-end storage offering named TagmaStore at an analyst and media presentation in New York City. As expected, the company built on its reputation for large scalable systems by announcing an array scalable to 332TB with 2M I/O processes/sec and 68GB/s internal cached bandwidth." (08-Sep-2004)
