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archived news from MarketingViews

2002, November

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article:- What's a Good Click Rate for a Banner Ad?
Press Release FAQ's, High-Tech Marketing Agencies

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Top Three U.S. Web Sites Break Through 100 Million Visitors per Month Mark, Reports comScore Media Metrix

Reston, Va. - November 26, 2002 - comScore Media Metrix today announced its release of Media Metrix 2.0, a next-generation Internet audience ratings service that incorporates improved measurement technology, sample sizes and audience coverage. With this release, comScore reports that the top three Internet properties – AOL, MSN and Yahoo! – each attract more than 100 million U.S. visitors per month, far more than reported by other measurement services.

"Four months ago, comScore promised to deliver a new generation of online audience measurement based on uncompromising principles of quality and innovation," said Dr. Magid Abraham, president and CEO of comScore Networks. "Media Metrix 2.0 fulfills that promise, and becomes the new industry standard."

The Media Metrix 2.0 panel of 120,000 Internet users under measurement includes 35,000 at-work users – far more than any competing service – and 35,000 college/university users, a segment that only comScore measures. These complement 50,000 home users, recruited via an industry-endorsed Random Digit Dial (RDD) sampling methodology. All panelists are consistently measured via comScore's patent-pending technology, which captures the complete details of each panelist's online surfing and buying activity across all online entities, including proprietary content such as AOL.

"Other Internet ratings services measure just a few thousand workplace PC users and completely exclude college/university users," commented Dr. Abraham. "As a result, these services drastically understate the audiences of the total Internet and important online properties." ...comScore Media Metrix

More Users are Doing it for Themselves - Says Evans Web Services Survey

SANTA CRUZ, CA - November 26, 2002 - The latest Evans Data International Developers Survey, published today, finds that compared with six months ago 33% more Web Services development is for application integration inside enterprises. Web Services development in Europe is now split evenly between internal and external applications. The survey of 450 software developers, conducted in October 2002, outside North America shows the importance of the new technology, as 64% of developers stated they work with Web Services. Already applications are near completion as 51% expect deployment in the next six months.

"This latest survey confirms that Web Services are being proved inside business units rather than in B2B applications," said Albion Butters, an analyst for Evans Data Corp. "We also find that international developers are building and deploying both internal and external Web Services faster than their North American counterparts."

Other findings include:
  • Application security in Europe is a concern, with 58% of developers reporting a security breach compared with 43% of North American developers.
  • Linux continues to expand its user base. 59% of survey respondents expect to write Linux applications in the next year.
  • The demand for wireless applications grows, as over half of European developers expect to write wireless applications.
... Evans Data

Is it Time for Sun Users to Unplug their SPARC Servers?

November 22, 2002 - a leader article today in the SPARC Product Directory looks at the long term survival prospects for the SPARC server architecture and Solaris. Everyone's bashing Sun Microsystems nowadays, and the new edition of Business Week has joined the pack with a cover article which castigates Sun's management. So, should SPARC users unplug their systems? The SPARC Product Directory has been reporting on the Sun market for over 10 years, and looks at the worst case scenarios for Sun users. ...SPARC Product Directory

Coremetrics Unveils Marketing Management Center to Automatically Detect Measure and Compare Performance of All Online Marketing Programs

New York, NY - November 18, 2002 - Coremetrics, the leading web services provider of marketing analytics solutions, today unveiled the Marketing Management Center, the industry's first independent unified measurement solution that leverages auto-sensing technology to seamlessly detect, measure and compare the performance of all keywords, banners, affiliates, portals, and e-mails in a single, sortable interface. The Marketing Management Center provides marketing departments with unbiased success metrics for all online advertising channels, allowing them to adjust and renegotiate marketing expenditures and vendor deals based on real performance and actual revenue derived from each program. The Marketing Management Center requires no incremental setup and maintenance, and employs a company's own unique marketing hierarchy to expose poor placements, highlight under-performing keywords, and identify low-ROI portal deals to ensure that marketing expenditures are always allocated to achieve the highest possible return.

"Companies investing in online marketing today face a confusing mess of multiple advertising mediums that provide self-reported success metrics to analyze performance," said Scott Kauffman, president and CEO of Coremetrics. "These online marketers are faced with limited budgets and the expectation of high returns, but they have no ability to effectively manage their hundreds to thousands of simultaneous marketing programs. The conflicting metrics and tools available in the industry give them absolutely no idea as to how their campaigns are performing relative to each other. The Marketing Management Center is the first solution that enables online marketers to evaluate and compare every single marketing program they are running in a single intuitive interface, without spending countless hours on set-up and maintenance."

The Marketing Management Center is currently available and included in the Coremetrics Marketforce service offering. The pricing for Coremetrics Marketforce ranges from $8,000 to $30,000 per month depending on site volume and service functionality. ...Coremetrics

Editor's comments:- speaking from the other side of the fence, it's much better when advertisers can track where their leads come from because after any initial problems have been identified, it usually means they want to spend more money.

Firms Are Shifting Email Marketing In-House To Save Money Over ASPs, Says Arial Software

Cody, WY - November 15, 2002 - Alongside a recent study by the DMA showing strong growth in the use of email by brick-and-mortar direct marketers, a parallel trend shows a shift from outsourced email delivery services to in-house says Arial Software. Rather than hiring email ASPs to deliver their email on a pay-per-email basis, an increasing number of firms are bringing the process home - and saving a bundle in the meantime. Email marketing software developer Arial Software is experiencing the impact of the shift, posting a nearly 200% increase in sales for YTD 2002 over 2001.

"There's strong demand in professional email marketing software," explains Mike Adams, the firm's President and pioneer of its flagship product. "And much of that is related to cost savings."

When firms shift to in-house email marketing, they make one-time investments in software, equipment and network infrastructure, but they subsequently pay no per-email or per-campaign fees to deliver their messages. Even within the first year, the one-time investments pay off in cost savings, says Adams, and he has the data to prove it: a newly-published white paper at ArialSoftware.com compares first-year operating costs of in-house vs. outsourced solutions and shows in-house email delivery to come out ahead, even after considering infrastructure expenditures. ...Arial Software

Learn Lessons from SPARC Notebook Manufacturer's Clever Promotion

Editor:- November 14, 2002 - Marketers can learn some useful lessons from a clever promotion by Sun compatible notebook maker Tadpole which is ostensibly aimed at celebrating the 10th Anniversary of their original SPARCbook brand. Unlike most promotions which are brain dead at birth, the company is cleverly inviting customers who have been using their product for a long time, to write in and tell them how they still use it. The lucky winner with the oldest or most interesting anecdote will get a free top of the range SPARCbook. That's worth around $15k in real money.

You too can copy this promotion model. It's not only a good way to get market intelligence about why people use a very expensive product. That info might suggest other segments you can promote to later on. But anyone who has been using a computer product for upto 10 years is a potential source for a quirky story, maybe involving brand loyalty or an unusual application, which can be recycled in a future press release about the winners. Editorial about the promotion itself reinforces the idea that this brand has been around for a long time, which helps reinforce the brand even to those who don't take part in the promotion. ...Tadpole profile

See also:- article:- Return of the SPARCbook

New Advanced Digital Marketing Tools Enable Cost-Efficient Lead Generation Planning for Enterprises

Herndon, VA - November 13, 2002 - With new advances in marketing spurred on by IP technology, NeoMarketing Systems, a marketing automation applications provider, unveiled today a suite of free online digital marketing tools that are focused on driving lead generation efforts. With the company's inaugural launch today, NeoMarketing Systems announced immediate availability of the NeoMarketing Systems' Web Seminar Builder, Email Builder and NeoLeads Builder. There is no fee to use these tools.
  • NeoMarketing Systems' Web Seminar Builder allows customers to customize a web seminar event, guiding the user through each step behind the process of planning, promoting and producing a highly effective lead generation web-based seminar.
  • NeoMarketing Systems' Email Builder provides a blueprint for customers to quickly build and price their proposed email campaign.
  • NeoMarketing Systems' NeoLeads Builder is an online tool that, based on a company's sales and marketing benchmarks, delivers a leads blueprint delineating the number of leads an organization needs to generate each month as well as monthly sales pipeline objectives.
Marketing is the last frontier for technology advances," states Joseph Rizzo, President/CEO of NeoMarketing Systems. "However, the emergence of advanced digital marketing tools now bring capabilities and budget accountability into the marketing department that were once unattainable with spreadsheets and paper-based systems. We're pleased to be able to package and provide these tools to our clients so that they may be able to wring greater productivity from their financial and human resources." ...NeoMarketing Systems

Inceptor® Acquires Word of Net Online Visibility Analysis Technology

Maynard, Massachusetts - November 12, 2002 - Inceptor, Inc., the pioneer in conversion marketing, announced today that it has acquired online visibility technology from the former owners of Word of Net, an online marketing measurement company. The acquisition gives Inceptor exclusive ownership of the Visibility Index and Analysis reporting products. Strategically, the deal helps strengthen Inceptor's industry-leading position in the conversion marketing sector by enhancing customers' understanding of their online presence within a detailed competitive landscape. The reporting tools will enable Inceptor to focus the resources of their Excedia conversion marketing suite on specific areas for improving their customers' online visibility.

The Visibility Analysis Reports compare a company's online visibility against that of its competitors, tracking search engines, directories, referring links, and keywords. Each URL is awarded a score, so customers can see instantly how they stack up against their competition in terms of visibility to prospective customers searching for products or services online. The reports also identify where a site should be visible for the greatest impact within a particular market, and details the specific keywords, links, and directories that will effectively do the job. ...Inceptor

Online demonstrations prove more effective for software vendor

OTTAWA, CANADA - November 11, 2002 - Runaware Incorporated, the world leader in online software evaluation and demonstration, and Universal Tax Systems Inc., the fifth largest software provider for tax preparation professionals in its USA market, today announced the results of using Runaware's "Runademo" online demonstration service to promote UTS Inc's range of TaxWise software products.

"Tailoring software presentations and being able to point out important details according to each prospect's individual needs, in a one-on-one situation, is a crucial part in the sales process for many software companies with comprehensive (and complex) products and UTS is no exception," says Tom Hughes, Vice President Sales, at Universal Tax Systems. "In the past, UTS would follow up on generated leads by calling up the prospect, presenting the software features and benefits, and offering to mail a demo CD. The sales rep would then call back a week or two later to continue the sales process with a suggestion to walk through the demo with the prospect...

"...Often, the prospect would not yet have installed the software, either because of other priorities, unwillingness to make that time investment, or because there were just too many other competing software offers. The sales rep then had to call back at a time when the prospect believed the installation would be anticipated. Naturally, all those delays contributed to prolonging the sales cycle. Since we opted for demonstrating TaxWise online through Runademo, we are now able to demonstrate the software on the web instantly, securely, and personally without the need of any downloads or having to mail out a CD...

"...Using Runademo has speeded up and simplified the sales process. The sales representative can walk through the software with the customer directly during the first sales call and average sales cycle has been shortened by an average of 30% and this means we can sell more product more effectively, and in less time. Runademo enables us to be more efficient in how we sell. It certainly gives us an edge. We can qualify the leads more quickly. And that's an important advantage. Because if we can spend more of our time speaking to people whom we may be able to sell the program, that's better use of our time. With better and faster qualification, UTS Inc. also sends out fewer CDs to those who aren't likely to buy the software and we have reduced the number of CD-mailings by 20%, providing further cost savings in administration and postage."

According to Peter Eriksson, Co-Founder of Runaware, "We are delighted with the results so far achieved for UTS using our services. This is yet more proof that the days of demo CDs and ineffective downloads are coming to an end and we are seeing amazing results like these being repeated by many of our customers." ...Runaware

Gartner Dataquest Says Worldwide Workstation Shipments Experienced 7% Growth in Third Quarter of 2002

SAN JOSE, Calif. - November 11, 2002 - For the second consecutive quarter, worldwide workstation shipments experienced an increase of shipments, according to preliminary third quarter results from Dataquest Inc., a unit of Gartner, Inc..

Worldwide workstation shipments totaled 367,710 units in the third quarter of 2002, a 6.5% increase from the same period last year and 1.8% from the second quarter of this year. The industry also experienced a growth increase in the second quarter of this year. Before then, the market suffered five quarters of year-over-year declines.

"The third quarter shipments bring us nowhere near the record year 2000 shipments, but any sign of growth is a welcome change," said Pia Rieppo, principal analyst covering workstations for Gartner Dataquest's Computing Platform Worldwide group. "Given that this is only the second consecutive quarter of modest growth, we're hesitant to say the workstation market is completely out of the woods. The economy is still under performing, IT executives are reserved in their purchasing and there are still no new compelling technologies in the workstation market." Dell extended its lead as the No. 1 workstation vendor worldwide with its market share surpassing 40% (see Table). IBM moved past Sun Microsystems to take the No. 3 position.
Company 3Q02
Shipments
3Q02
Market Share (%)
3Q01
Shipments
3Q01
Market Share (%)
Growth (%)
Dell Computer 149,004 40.5 115,241 33.4 29.3
Hewlett-Packard 81,125 22.1 90,356 26.2 -10.2
IBM 56,442 15.3 46,117 13.4 22.4
Sun Microsystems 52,774 14.4 58,788 17.0 -10.2
Fujitsu Siemens 11,782 3.2 5,895 1.7 99.9
Others 16,583 4.5 28,759 8.3 -42.3
Total Market 367,710 100.0 345,156 100.0 6.5
"Many look for growth within the new mobile workstation platform while others face big strategy decisions," Rieppo said. "For example, Sun Microsystems, which for years was focused on Sparc-Solaris strategy, recently announced it would provide PCs for its customers. These moves may help preserve market share but, ultimately, the market lacks strong growth drivers, and the vendors will simply have to wait for replacement cycles to kick in." ...Gartner Dataquest profile

Sun Grapples to Find a Credible New Positioning Statement

Editor:- November 7, 2002 - since the eclipse of the Sun last year, analysts and the stock market have discovered that they can now look at Sun Microsystems without being dazzled by its marketing hype. When you've got a company whose outlook has changed from being an $18 Billion revenue with double digit growth, sliding towards a $10 Billion company with the prospect of double digit shrinkage, and a share price which has fared worse than many of its main competitors people are bound to ask questions. Increasingly they're getting less impressed by the lack of vision coming out from the company.

In an effort to meet some of that criticism, Sun's CEO - Scott McNealy - appears to be testing out a new positioning statement, when he was quoted in several articles in the Mercury News as saying "...we dominate 64-bit computing".

Sun uses positioning statements in its ads and in its press releases. Positioning statements are important because they give you a simple mental picture of how the company wants to be perceived by potential customers, partners and stakeholders. Although positioning statements are always intended by their authors to be positive, they can, sometimes be negative. That happens when the reader doesn't believe the statement, which then casts doubt on the brand behind the claim.

So, for example:- for many years Tatung claimed to be "the leading SPARC compatible manufacturer". I argued with them in vain that the claim was ridiculous, because Sun Microsystems is in fact the the leading SPARC compatible manufacturer by a huge margin. It was interesting that Sun never contested Tatung's widely advertised claims in the heyday of the workstation market. Sun didn't need to. That positioning claim from Tatung cast a doubt on everything that the company said, and Tatung has nearly disappeared from view as an active supplier in the market.

To compound Tatung's problems, they also came up with the statement "The Intelligent Choice in SPARC COMPuting Solutions". I'm sure that sounds good if you're selling Tatung. But if you were an existing Sun user, and looking at Tatung as an alternative choice, this statement suggested that Sun was not the intelligent choice, and by inference you were not an intelligent buyer. Well, no-one wants to buy stuff from a company that insults them. So that wasn't such a good idea either.

Getting back to Sun.

The classic example of a tarnished positioning statement was Sun's "We're the dot in dotcom" - which worked fine during the dotcom boom but which backfired when it became associated with the failures of the dot-crash.

Since the crash, Sun has been using wording in its news stories about market share along the lines that "Sun is the #1 Unix server company". However, this year independent data showed that HP had in fact overtaken Sun as the #1 Unix server company in Europe, so that became a dodgy claim which Sun could no longer use with impunity. I wondered if Sun would change that to "#1 Unix RISC server company" - but that's starting to look a little bit contrived. So in the short term - it's likely you're going to see a lot more of the "64 bit computing leader" phrase emerging in Sun ads and press releases.

Now this question may sound silly - but why can't Sun just say it's the leading SPARC compatible server company?
  1. that claim, while true, was hijacked by Tatung and it's too late for Sun to erase that positioning from all our brains.
    .
  2. Sun underinvested in promoting the "SPARC" brand, in an effort to kill off all its workstation rivals in the late 1990's. Choosing instead to invest in promoting the Sun brand, SPARC became orphaned and is little known in the wider computer market.
It's unfortunate that, for technical reasons, many 32 bit computers clock about twice as fast as 64 bit processors. Also the fastest 32 bit servers from HP, IBM, Unisys etc run many applications much faster than Sun's 64 bit servers. That means that being the leader in 64 bit computing will not be perceived with the same rosy glow that McNealy might wish. Changing the reality might work better than just changing the words. ...Sun Microsystems profile, ...Tatung profile, SPARC manufacturers

Another editor's comment:- I've just finished reading "Managing Brand Equity", a book by David A. Aaker. Although published in 1991 and pre internet marketing, it's an excellent read and the ideas in it are just as relevant today as when they were first written. It's being offered by Amazon at a discount if you buy a bunch of other branding related books which is how I got to see it.

advancis.com Announces Online Advantage 3.0: A Web-Based eLearning Resource Designed to Help Companies Achieve Profitability on the Internet

DALLAS, TX and NICE, FRANCE - November 5, 2002 - advancis introduced today the latest version of its corporate eLearning resource, Online Advantage. Online Advantage is a collection of 8 web modules and supporting tools (worksheets, online surveys, expert advice features) designed to give executives and their staff quick and easy access to the content (70+ topics) and tools they need to create and execute Internet initiatives that deliver strong results and meet financial targets.

Adopted by large multinational corporations and eBusiness consultants, Online Advantage is becoming an essential resource for companies that want to provide their employees the framework, knowledge, expertise, and tools they need to start building a sustainable online competitive advantage and to achieve profitability. Right at their desktops.

The Online Advantage 3.0 pricing structure starts at $1,295 for a 12-month single user license. Site licenses and volume discounts are also available. ...advancis

Editor's comments:- there's a strong need for business and marketing related courses which feature internet marketing at more than a superficial level. Most books and web sites barely scratch the surface.

HRDQ Introduces a Unique Training Resource to Help Salespeople Overcome Obstacles to Successful Selling

KING OF PRUSSIA, Pa. - November 1, 2002 - HRDQ announces the release of its latest training resource, "101 Objections: Overcoming Obstacles to Successful Selling". This highly flexible learning tool offers effective techniques and provides a proven model for managing the most challenging aspect of the sales cycle - handling objections.

Today's complex sales environment often requires a sales person to work with multiple decision makers at various organizational levels throughout the sales process. According to 101 Objections author Amy Judith Tananbaum, "Addressing sales objections effectively throughout this cycle can either make or break the sale." Regardless of sales experience, the art of handling objections requires continuous development and practice. Tananbaum believes that, "Even the most seasoned sales people must prepare for unanticipated challenges in the sales cycle. 101 Objections provides the model and skill practice to cultivate this core skill."

Using a reliable four-step model, 101 Objections activities enable participants to understand how purchasing decisions are made, identify four categories of objections, practice responding to potential sales objections, and apply the skills to real-life sales situations. This interactive sales training resource may be used in a variety of one-on-one or group sales training situations. Skill development activities may be used individually or together in a sales coaching session, or as part of a sales training program. ...HRDQ

Editor's comment:- unfortunately you may have to use modern methods like those above, because Captain Feary's classic proven sales close is no longer legal in all jurisdictions. According to Feary - "When I wanted clients to tell me where they had hidden the loot I had a simple method which never failed. I escorted them to the end of the gang plank at the point of my cutlass, and waved to make sure they could see our giant pet shark waiting below. That quickly removed all objections, even for those who pretended they couldn't speak English."

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Other news on this page

Top Three U.S. Web Sites Break Through 100 Million Visitors per Month Mark, Reports comScore Media Metrix

More Users are Doing it for Themselves - Says Evans Web Services Survey

Is it Time for Sun Users to Unplug their SPARC Servers?

Coremetrics Unveils Marketing Management Center to Automatically Detect Measure and Compare Performance of All Online Marketing Programs

Firms Are Shifting Email Marketing In-House To Save Money Over ASPs, Says Arial Software

Learn Lessons from SPARC Notebook Manufacturer's Clever Promotion

New Advanced Digital Marketing Tools Enable Cost-Efficient Lead Generation Planning for Enterprises

Inceptor® Acquires Word of Net Online Visibility Analysis Technology

Online demonstrations prove more effective for software vendor than trial CDs

Gartner Dataquest Says Worldwide Workstation Shipments Experienced 7% Growth in Third Quarter of 2002

Sun Grapples to Find a Credible New Positioning Statement

advancis.com Announces Online Advantage 3.0: A Web-Based eLearning Resource Designed to Help Companies Achieve Profitability on the Internet

HRDQ Introduces a Unique Training Resource to Help Salespeople Overcome Obstacles to Successful Selling

earlier news (archive)

Spellabyte's software factory
Software
on STORAGEsearch.com
Spellabyte couldn't afford to hire real programmers until his venture capital check came in. So he was making do with retired hedgehogs.

View from the Hill

STORAGEsearch looks back on 2002

D
uring the worst days of the US IT recession in 2001, most optimistists were looking forward to a recovery in 2002 which would solve all their business problems...

Well, the recovery came, if you believe the economic data, but this didn't mark the end of storage company woes. When I looked at the financial results of the top 1,000 storage companies for my May article the fastest growing profitable STORAGE companies in the US - I found it difficult to find many companies which were actually making money, so the choice was limited. And I concluded that because of competitive pressure, storage prices in most cases were reflecting the aspirations of companies to grow market share rather than achieve profitability. I commented that for many vendors in the storage industry the recovery could be as bad as the recession.

If we needed any clearer confirmation of this, it came loud and clear from a series of financial results from EMC, the darling of the dotcom boom era, which showed that the company was reporting quarterly revenues at a run rate less than half its $9 Billion FY 2000 peak. So in 2002, EMC lost its leadership role as the model of a successful storage company. But was the recession the sole cause? Or were there underlying changes in the way that buyers were viewing storage vendors? My interpretation was that many of EMC's problems could be traced to the hundreds of other storage companies which were nibbling away at its target markets, and that it would never recover its once pre-eminent market share unless it could become the lowest cost supplier.

Still in the land of the giants, the month of May saw the merging of HP and Compaq into the world's largest storage company. By year end the only positives which had come out of the merger were the optimistic sounding aspirational pronouncements in HP press releases. But these sentiments belied the economic data coming out of the company and its partners. If shareholders and users were going to see benefits arising from the merger, they would have to wait another year to find out.

2002 was also the year in which we discovered that the number one emerging technology of 2001, iSCSI, was still mostly vaporware. Although dozens of companies announced their plans for TCP/IP Offload Accelerators, FCIP and iSCSI accelerators during the course of 2002, there was very little shipment of real tangible hardware products to users, something which we discovered when our advertising sales person knocked on the doors of the companies in the industry in the summer. As several distributors neatly summarised:- "If we can't ship it, because the manufacturer hasn't made it, then there's no point in us advertising these products." Manufacturers who were shipping products were shipping so few that they mostly reported they had little or no marketing funds to do any advertising at this stage in the market cycle.

However, the software side of the internet storage market continued growing apace. iSCSI and related software became the fuel for the holy grail of real-time offsite backup and data replication. RAID manufacturers found that by partnering with the right software company, they could find a new theoretical need for their boxes as disk to disk backup systems. The D2d niche originally pioneered by Nexsan Technologies was joined by a growing pack of other companies including Globalstor Data and ASACA. I wasn't sure whether users really would adopt the D2d network backup paradigm in large numbers until StorageTek announced its BladeStore disk subsystem in October. StorageTek, founded in 1969, has been around long enough to see many passing fads and in recent years the company has not the fastest off the starting block. So I reckon that their market research must have confirmed that disk to disk backup really is something that big storage users want to do.

There are no doubts about the #1 emerging storage technology in 2002. It was Serial ATA. We first started running news stories about Serial ATA in February 2001, and created a special directory page, featuring Megabyte's Auntie Wanda in November that year. But interest in Serial ATA remained low. As with most new emerging technologies, it's mainly marketers and systems developers who are interested until there's an imminent prospect of real products appearing. In July, it entered the top 10 directory subjects on STORAGEsearch, and in August hit #1, where it has been parked ever since.

The companies of the year in 2002, measured by STORAGEsearch reader pageviews on their company profile pages, were LSI Logic in the #1 slot, followed closely by Maxtor, IBM, Adaptec and Sony respectively.

That was the upside. On the downside the number of top 1,000 storage companies which had been acquired or gone bust since the millenium passed the 130 mark. Despite that venture capitalists continued to pour funds into even more storage start ups.

Surprisingly this year the number of storage related events didn't seem to drop off. Our events archive for 2002 looks just as packed as it did the year before. I can only assume that in a market where everything seems to be changing so fast, a lot of people value the insights they get from talking to other people in the same predicament and being able to touch and feel products to get an idea how real they are. As a leading publication in the industry this year we were proud to have sponsored the following storage expos and conferences:- IDC Storage Forum , Network Storage 2002, Storage World Conference 2002, Storage Expo 2002, Storage Visions 2003 and Server I/O 2003 (the latter two events take place next month in January 2003).

2002 was also the year when the rest of the IT publishing market finally caught onto the importance of the storage paradigm, and you could say it was the year of the storage portal bubble. The number of significant web based storage publications carrying advertising grew from a few dozen in 2001, to more than a hundred in 2002. It's hard to believe that there will be enough advertising dollars to sustain all this frantic activity, but it's going to be a big market, so there are many hopefuls out there.

And how did this affect the mouse site? It was hard to notice any significant change as our readership patterns as our readership once again doubled compared to the year before. And as we ended our 11th year as an IT directory publisher and 7th year as a dotcom, we were pleasantly surprised to see that once again we had achieved double digit revenue growth and were still profitable. Of course, we couldn't do this without the help of the thousands of you readers who contribute articles, ideas and raw content to the site, and without the help of our loyal and growing base of advertisers who have stuck with us in good times and in bad.

To all of you, thanks for taking the time to read STORAGEsearch. We hope you find it useful and will bookmark this web site so you can rejoin us after the holiday in the new year ahead. When, who know? The recovery might be for real.

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