Two days into the SNW show here in San Diego and the message is clear: Software, more than hardware, is the future of storage.
It's a message that should surprise no one.
On EMC's first-quarter earnings call this morning, software was listed as the fastest-growing segment of the company's $2.975 billion quarterly revenues. (See EMC Announces Record Q1.) Software sales grew 29 percent year-over-year, while system sales grew 6 percent, and services revenue grew 21 percent.
Given these figures, CEO Joe Tucci stated the obvious when he listed software as a service (SAAS) as a key focal point for upcoming EMC announcements. Haven't companies like Arsenal Digital, AmeriVault, Evault, and Iron Mountain been boasting big growth in online backup and other SAAS offerings for months now? (See Arsenal Touts Rapid Restoral.)
Apparently, the big storage players are finally ready to jump aboard. Symantec also today announced that its own SAAS offering, Symantec Protection Network Online Backup Service, has gone into beta testing for release later this year. (See Symantec Intros SAAS Platform.)
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