EMC Banks On Emerging Storage To Drive Growth As Storage Systems Market Remains Suppressed

The company attributed the robust growth rate to a strong customer response for its new products. The company expects the growth in emerging storage to continue through 2015 and resulting revenues to rise by over 30% to $3 billion for the full year. This would translate to about 12-13% of the company?s expected net revenues of about $25 billion. Comparatively, emerging storage contributed to only about 6-7% of net revenues in 2013.