EMC Symmetrix/DMX High-End Networked Storage Residual Value Forecast, October 2009

IDC
October 25, 2009
13 Pages - SKU: IDC2496070
License type:

This IDC study provides residual value forecasts for EMC's enterprise Symmetrix storage products. The study explains the current market conditions that are affecting the value of used hardware on the secondary market and future technological changes that will further impact these values. This information helps those who invest in hardware assess their risk and provides guidance on the amount of residual value that is expected to be realized at the end of lease term.

"During the current economic downturn, EMC has made a series of strategic acquisitions and unveiled its new V-Max product. We believe these strategies will pay off for EMC as the economy improves. However, the storage market, like other aspects of the IT industry, is preparing for a "new market reality" as IT customers begin to evaluate the savings that can be gained by storage virtualization and cloud computing. For financing companies, this means that there will be changes in how IT managers acquire storage." — Susan G. Middleton, research director, Technology Financing Strategies