The NAS sector is another space Cisco plans to steer clear of. Network Appliance Inc. [Nasdaq: NTAP] and EMC Corp. [NYSE: EMC] have done a good job," Cree concedes, "And theres usually a Cisco box attached to these devices anyway."
Overall, Cisco has calculated that IP storage networking will be a $16 billion market opportunity by 2005. According to Cree, the company will aim for at least 20 percent of this market, as it does with any new market it enters, which would represent approximately $3.2 billion in revenue for the company by 2005.
Great. But its not going to get there via this little storage router alone, says Dan Tanner, analyst with the Aberdeen Group. "It still has a long way to go to hit these kinds of revenue numbers."
Jo Maitland, Senior Editor, Byte and Switch
http://www.byteandswitch.com
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