NEW YORK, Sept. 20--Total data storage-related industry revenues are expected to increase approximately 5% for full-year 2004, says Standard & Poor's Equity Research in a new, semiannual study of the industry.
Since data storage has become a high priority for corporations, the sector is expected to grab an increasingly larger share of corporate IT budgets, which themselves are rising along with the expanding economy. The study, Industry Survey on Computers: Storage and Peripherals, will be published twice yearly by Standard & Poor's, the leading provider of independent investment research, ratings and indices. It joins the Industry Survey series of reports covering 51 other industries.
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