EMC: Hitachi Turns Up the Heat in the Hight-End
"Hitachi reported June quarter results yesterday, with the figures once again showing strong momentum in networked storage. We cited Hitachi’s networked storage momentum as a key competitive concern for EMC in our downgrade in March of this year. It appears Hitachi’s momentum remains strong, and EMC appears to be having trouble maintaining its
growth in the high-end networked storage market." (01-Aug-2006)
EMC: Guidance Points to Increasing Competitive Pressures
"As we noted in our downgrade on March 23, we believe that EMC’s hardware business is experiencing heightened competitive pressures, most notably from Hitachi in the high-end and from Hewlett-Packard in the midrange. We still do not, however, believe EMC's shortfall
signals a broader enterprise storage slowdown." (17-Jul-2006)
IT Hardware at the JPM Technology Conference--Day 1
"Mr. Mikklesen noted that HDS has made some critical inroads in penetrating EMC-only shops in the past year, noting more than 40 such instances to date. Indeed, one of the reasons for our downgrade of EMC was the growing competitive
pressures from Hitachi in the high-end space." (23-May-2006)
EMC: Downgrading to Neutral, Lowering Estimates
"...HDS appears to be regaining momentum in the high-end array segment of the market, putting pressure on the ramp of EMC’s new DMX-3 systems. Indeed, Hitachi grew its networked storage business by 35% in the December quarter and by 18% in the September quarter, versus single digit
growth rates in prior quarters." (23-Mar-2006)
Storage Industry Update: HDS Launches New Products
"We believe HDS’ latest software rollout reflects the company's increasing push to drive a more service- and software-centric model...These products, coupled with HDS’ service solutions, should allow the company to match the business-specific needs of its customers with dynamic storage allocation and management...In addition, with its increasing focus on modular storage, software and services, HDS is quickly expanding
its total available market opportunity over the longer-term." (05-May-2004)
Symm6 Preview
According to these analysts, "HDS's Lightning 9900 V appears to be ahead of EMC on several technological fronts." (31-Jan-2003)
