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Growing data laws increase storage needs

www.whatpc.co.uk

EMC’s record-breaking profits are proof of organisations’ growing need for capacity, security and storage management systems to handle proliferating data-retention regulations.

Last week, the storage giant reported annual revenue of $13.2bn (£6.7bn), up 19 per cent from last year, and profit up 43 per cent to $1.7bn (£900m). Fourth-quarter figures were also impressive, with sales up 19 per cent to $3.8bn (£1.9bn) and income up 33 per cent to $526m (£265m).

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