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(From Network Computing Asian Edition)
Byline: Oo Gin Lee
While storage is getting cheaper by the day, owning and maintaining the storage is not. And software that helps companies to manage their storage will increasingly become more important (which translates to more sales) in the near future, predicted IDC market analyst Grace Lai. Termed as storage resource management (SRM), these include software that handle device discovery, topology mapping, monitoring, reporting, configuration management, SAN management and media management.
Traditionally, storage software that deals with backing-up and archiving data are the best-sellers, but Lai expected SRM to quickly catch-up over the next few years. Backup and archive software currently makes up the biggest slice in the Asia-Pacific (excluding Japan) pie for storage software revenues and about twice the size of the SRM market now. But that will change soon, said Lai, who covers Asia-Pacific Infrastructure Software.
While backup and archive will continue to grow at a CAGR of 10.1% (between 2001 and 2006), SRM will double the growth rate at 20.9% CAGR over the same period, Lai predicted. ?Although different countries will grow differently, generally the adoption of SRM will be quite quick and by 2006 it will be equal with backup and archive software,? said Lai.