To: StockDung who wrote (24557 ) 10/28/1999 9:54:00 PM From: trendmastr Respond to of 29386
EMC CEO Says Storage Is Key To Dot-Com Uptime By Mitch Wagner, InternetWeek Oct 27, 1999 (3:46 PM) URL: techweb.com EMC's president and CEO has a warning for Internet companies. "Within the next year, a major dot-com corporation will fail as a consequence of extended downtime or major data loss caused by an inadequate information infrastructure," said EMC's Michael Ruettgers. The dire prediction was made at a press briefing to unveil a storage management product from EMC. Dot-coms double storage every four months, compared with Global 2,000 companies, which double storage every two years, Ruettgers said. Justin Anderson, chief information officer of iCelebrate.com, which uses 600 gigabytes of EMC storage and sells party supplies over the Internet, said managing storage is important to his company. "Critical to our success is being able to pinpoint bottlenecks and eliminate them," Anderson said. EMC on Tuesday introduced Web-based storage management software designed to answer the needs of iCelebrate.com and users like them. EMC ControlCenter will let users manage storage networks from a single console. The software is designed to automate common storage management tasks. "The software addresses a major issue with high-end storage, which is difficulty of management," said Roger Cox, an analyst at GartnerGroup. EMC ControlCenter is part of the company's overall strategy designed to provide scalability and reliability for storage. Also, a critical part of that strategy is the acquisition of Data General, which EMC agreed to buy in August for about $1.1 billion in stock. EMC specializes in high-end, multi-terabyte storage; the acquisition will extend the product offering into the midrange. That's especially important for large companies with many replicated small installations, such as retail chains. "That's why we bought [Data General]," Ruettgers said. The management software ranges from $100,000 to $200,000. Most of the components are available.