Storage Technology Corporation
One StorageTek Drive
Louisville, CO 80028-4130
STORAGETEK UNVEILS NEW STORAGE APPRAISAL SERVICES
Storage Appraisal Services to Enhance Storage Resource Optimization and Information Lifecycle Management for Customers
LOUISVILLE, Colo.- March 9, 2005 - An enterprise storage infrastructure is only as strong as its weakest components. Identifying those components, however, isn't always easy.
StorageTek(R) (Storage Technology Corporation, NYSE:STK), the leading provider of enterprise information lifecycle management, today announced its Storage Appraisal service program designed to help customers gain a clear view into their end-to-end storage infrastructure, identify and solve problems before they arise, minimize the risks of system downtime and data loss, and maximize overall resource utilization to secure the greatest possible return on their storage investments.
"A targeted, onsite storage infrastructure appraisal is the first step toward realizing the full benefits of information lifecycle management," said Eula Adams, StorageTek vice president, Global Services. "By helping our customers better understand their storage resources and usage patterns and helping them classify their information for better management, we can enable them to proactively improve their primary storage productivity, simplify backup and recovery, and enable flexible compliance and archiving architectures into the future."
With StorageTek's Storage Appraisal services, customers can gain the following benefits:
Improve management: Obtain detailed analyses of multiple aspects of their storage environments in a consolidated, actionable format without putting extra burdens on IT staff. Storage Appraisals provide customers with an analysis of their information based on data type and aging patterns, enabling them to optimize the storage of data based on its value to their business throughout the information lifecycle and reduce their total cost of storage.
Recapture resources and minimize waste: Identify resource underutilization and opportunities to optimize resource utilization with existing IT assets and staff. Having this data also enables customers to focus their future storage investments on areas where there are critical needs.
Reduce risk: Identify and minimize business continuity exposure and compliance lapses caused by mismanagement of information and failing backups. By minimizing system downtime and data loss, IT managers can directly impact their businesses' bottom lines and help to preclude sanctions associated with regulatory compliance failures.
Enhance decision-making: Make decisions based on facts, not assumptions, about their storage infrastructure and management policies. With StorageTek's Storage Appraisal services, customers can base their planning on real data to avoid misguided allocations of their limited IT budgets.
With StorageTek's Storage Appraisal services, areas of analysis include backup and recovery operations, file-level storage resource management, database resource management, file system resource management, switch port utilization, data duplication and throughput, and more. Information is gathered via advanced data collection tools as well as interviews with key staff members and is later captured in an executive presentation of findings, conclusions and recommendations based on the formal assessment.
"StorageTek's rich storage expertise and 30+ year heritage of providing advanced storage solutions and services have distinguished the company as a reliable, trusted consultant to customers worldwide," said Peter Gerr, senior analyst, Enterprise Strategy Group (ESG). "With its Storage Appraisal services, StorageTek is helping its customers gain a greater understanding of their storage infrastructures so as to improve control over their storage resources even while they cut costs. The value proposition of this service program is significant, and should appeal to any IT professional who is chartered to 'do more for their business with fewer resources'".
For more information about StorageTek's Storage Appraisal services, visit:
StorageTek is a $2 billion global company that enables businesses, through its information lifecycle management strategy, to align the cost of storage with the value of information. The company's innovative storage solutions manage the complexity and growth of information, lower costs, improve efficiency and protect investments. For more information, see www.storagetek.com, or call 1.800.877.9220 or 303.673.5151.
TRADEMARKS: StorageTek and the StorageTek logo are registered trademarks of Storage Technology Corporation. Other names mentioned may be trademarks of Storage Technology Corporation or other vendors/manufacturers.
Forward Looking Statements
This press release contains certain statements, projections and forecasts regarding StorageTek's future business plans, financial results, products and performance that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by the use of words such as "may," "will," "should," "expects," "plans," "anticipates," and "believes." There are a number of risks and uncertainties that could cause the company's actual results to differ materially.
Some of these risks and uncertainties include, but are not limited to, StorageTek's ability to develop, manufacture and market new products and services successfully; the effect of product mix and distribution channel mix on our gross margins; our ability to execute our Information Lifecycle Management(TM) strategy; competitive pricing pressures; rapid technological changes in the markets in which we compete; our ability to attract and retain highly skilled employees; changes in our management; our ability to protect and develop intellectual property rights; our reliance on certain sole source suppliers; our ability to obtain quality parts and components in a timely manner; general economic conditions in the United States and globally; and other risks described in StorageTek's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K that are filed with the Securities and Exchange Commission and which are available on the SEC's website.