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Technology Stocks : Disk Drive Sector Discussion Forum
WDC 163.00-0.4%Nov 7 9:30 AM EST
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To: LK2 who wrote (8922)12/6/2000 8:56:25 PM
From: Yogi - Paul  Read Replies (3) of 9256
 
LK,
Fascinating e-commerce/storage/san confidence builder... I just love this kind of stuff:

<<Traditionally, the process of analyzing seismic data in the petroleum industry has been slowed by the lack of timely delivery, mostly due to the challenge of managing massive volumes of information and insufficient computing power. The promise of the SAN -- the ability to offload data traffic from a companies local area network and servers onto a dedicated storage network, thus improving performance and availability of data across the enterprise -- can allow Seitel to network its one petabyte of seismic data. That data can be licensed and shared by over 800 major and independent oil and gas companies worldwide.

"The combination of IBM's storage solutions capability and Seitel's content including our seismic data library, create a leading-edge solution to oil and gas exploration that has never been offered to the industry before," said Paul Frame, Chief Executive Officer, Seitel Inc. "We chose IBM as our technology partner because we are taking Seitel into the next generation of oil and gas exploration, an e-business infrastructure. >> www2.marketwatch.com

This is the kind of stuff that reminds me why I invest in technology.... taking 1,150,000 linear miles of 2D and 16,000 square miles of 3D seismic data, licensing it and making it available instantly over the net. Gotta love it.

Paul
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