IBM (NYSE: IBM) today unveiled a portfolio of software defined storage products that deliver improved economics at the same time they enable organizations to access and process any type of data, on any type of storage device, anywhere in the world.
One technology in the portfolio, codenamed “Elastic Storage,” offers unprecedented performance, infinite scale, and is capable of reducing storage costs up to 90 percent by automatically moving data onto the most economical storage device.
Born in IBM Research Labs, this new breakthrough technology allows enterprises to exploit – not just manage – the exploding growth of data in a variety of forms generated by countless devices, sensors, business processes, and social networks. The new storage software is ideally suited for the most data-intensive applications, which require high-speed access to massive volumes of information – from seismic data processing, risk management and financial analysis, weather modeling, and scientific research, to determining the next best action in real-time retail situations.
“Digital information is growing at such a rapid rate and in such dramatic volumes that traditional storage systems used to house and manage it will eventually run out of runway,” said Sandeep Dutta, Associate Director – IBM Storage Systems, India/South Asia, “Our technology offers the advances in speed, scalability and cost savings that clients require to operate in a world where data is the basis of competitive advantage.”