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Spotlight: Sales of Storage Software Expected to Soar

June 09, 1998

Worldwide sales of storage management software, the sophisticated programs that big companies use to squirrel away data in huge computers, will soar to $4.8 billion by 2002, from about $2 billion in 1997, San Jose market researcher Dataquest said. The increasing importance of databases to manufacturing and marketing operations is creating a boom for software that automatically backs up data and maintains file systems. Sales of such software rose 46% in 1997 to $1.33 billion. It's expected to rise 21% each year through 2002.

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