IBM Storage Holds Steady

A look at IBM's latest quarterly report shows that the growth of storage revenue exceeded overall growth.

IBM Corp.s financial results released last week showed growth in storage revenues a bit ahead of overall growth. Storage hardware revenues increased 16 percent year-over-year on the strength of midrange disk and tape.

IBM Tivoli storage software revenues grew 18 percent from last year, with Tivoli Storage Manager growing 35 percent. According to Joyce, IBM Tivoli sales reflected an expansion of SAN technical support.

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