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PRNewswire: WR Hambrecht + Co Issues Open Source Industry Report

Aug 02, 2000, 21:14 (0 Talkback[s])

"WR Hambrecht + Co today issued a comprehensive report on the rapidly growing storage market. The report focuses on two major players in this industry: Cobalt Networks and VA Linux Systems. WR Hambrecht + Co Open Source and Pervasive Computing analyst Prakesh Patel believes that as the use of computer applications and databases to store valuable customer and product data explodes, the need for corporations to store their data across networks will be critical. The Storage Boom: Cobalt Networks and VA Linux Systems Ride the Wave can be found at www.wrhambrecht.com."

"We believe that the winners in the storage boom will be companies that offer 'plug and play' server and storage systems for service providers," Patel said. "The current evolution of the storage industry should result in the continued sales of high-end storage solutions from companies such as Sun Microsystems, EMC Corporation, Compaq, Hewlett-Packard, IBM, and Network Appliance. However, the largest growth in the storage market should be in turn-key server appliances and storage systems driven by demand from service providers -- ISPs, ASPs and SSPs."

Press Release