Symantec 2007 Annual Report Download - page 48

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Data Center Management Segment
2007 2006 2005
Year Ended March 31,
($ in thousands)
Data Center Management revenues ........................ $1,369,287 $861,046 $—
Percentage of total net revenues ........................... 26% 21%
*
%
Period over period increase .............................. $ 508,241 $861,046
59%
*
%
*
Percentage not meaningful
The Data Center Management segment is comprised of storage and availability products. The increase in Data
Center Management revenue in fiscal 2007 as compared to fiscal 2006 was primarily due to the inclusion of storage
and availability products obtained through our acquisition of Veritas for the full twelve month period compared to
nine months in the fiscal 2006 period. These products contributed $339 million of Data Center Management
revenue in the June 2006 quarter for which there was no comparable revenue in the June 2005 quarter. The effect of
the purchase accounting adjustment discussed under “Total Net Revenues” above also contributed $173 million to
the increase in revenue in fiscal 2007. Excluding the effects of the aforementioned items, revenue in fiscal 2007 as
compared to fiscal 2006 was relatively flat due to the combination of the buying programs for all of our enterprise
offerings in the December 2006 quarter. This combination resulted in lower recognized revenue and increased
deferred revenue as discussed under “Total Net Revenues” above.
In fiscal 2006, the Data Center Management segment was solely comprised of the storage and availability
products obtained through our acquisition of Veritas. Revenue from our Data Center Management segment was
$861 million in fiscal 2006 and was comprised primarily of revenue related to Storage Foundation and Server
Foundation product families and NetBackup products of $501 million and $332 million, respectively.
Services Segment
2007 2006 2005
Year Ended March 31,
($ in thousands)
Services revenues .................................... $234,738 $152,091 $40,261
Percentage of total net revenues ......................... 5% 4% 2%
Period over period increase ............................ $ 82,647 $111,830
54%
*
%
*
Percentage not meaningful
Revenue from our Services segment increased in fiscal 2007 as compared to fiscal 2006 due to a $58 million
increase in security consulting services and the inclusion of the storage and availability services obtained through
our acquisition of Veritas for the full twelve months in the 2007 period compared to nine months in the 2006 period.
These acquired services offerings contributed $28 million of Services revenues in the June 2006 quarter for which
there was no comparable revenue in the June 2005 quarter.
The increase in revenue from our Services segment in fiscal 2006 as compared to fiscal 2005 was primarily due
to the inclusion of the storage and availability services obtained through our acquisition of Veritas. These services
contributed $94 million of services revenues during fiscal 2006 for which there was no comparable revenue in fiscal
2005. In addition, the increase was due to an increase in our security consulting services of $13 million in fiscal
2006 as compared to fiscal 2005.
Other segment
Our Other segment is comprised primarily of sunset products and products nearing the end of their life cycle.
Revenues from the Other segment during fiscal 2007, 2006, and 2005 were insignificant.
42