We expect the SAN market will remain competitive, Canova said, on a conference call with investors. But were committed to maintaining our leadership position, capitalizing on our installed base, and gaining market share.
Brocade said it shipped more switches than in the previous quarter, including 80 12000s. However, its 11 percent increase in number of ports shipped from the third quarter only translated to a 3 percent increase in revenue, which implies Brocade was hurt by falling prices.
The overriding issue for Brocade is pricing pressure, wrote Lazard analyst Cliff Su, who downgraded Brocades stock from to Sell from Hold. Competition in the switch market will only become fiercer as the system vendors lean on the switch players to reduce pricing, and upstarts like QLogic enter the market.
But Brocades Reyes said he doesnt expect pricing pressure to affect his company as much as it has McData. Brocades OEM business is more diversified, with Hewlett-Packard Co. (NYSE: HPQ), EMC, and IBM Corp. (NYSE: IBM) making up 67 percent of its business. Most of McDatas business comes from EMC.
We have traditionally provided our OEMS with quarter-over-quarter price declines, Reyes told analysts on the conference call. My sense is what you saw with one of the competitors may have been more indicative of relationship issues than a specific economic action. But Im just speculating.
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By combining resources and expertise, the AI-Enabled ICT Workforce Consortium will offer a blueprint for how industries can adapt to an AI-dominated future.
IT leaders should heed the guidance of cybersecurity insurance providers who think businesses should prioritize security education, incident preparedness, regular internal audits, and ongoing vulnerability scanning and patching.
