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Beyond Mere Storage, EMC Manages Data's Life.(INTERNET & TECHNOLOGY)(Q & A)
Byline: BRIAN DEAGON
EMC Corp. has spent $3.5 billion in the last five months buying three software companies. This month, it launched a wave of new data storage systems.
The company will tell you the acquisitions and products are all about information life cycle management, the newest buzzword in the $50 billion storage industry. ILM is hard to do, but the idea is simple. It's all about doing more with less.
In the past, technology was largely based on proprietary computer platforms. That created islands of data that grew increasingly difficult and costly for companies to manage. ILM aims to solve that problem.
Howard Elias, EMC executive vice president, talked with IBD about trends in the storage industry.
IBD: What is the biggest challenge facing businesses in managing information?
Elias: We've seen phenomenal growth in the creation of information, along with the proliferation of many different computer applications. Businesses must figure out ways to be more efficient, reduce costs and have a more measurable return on investment. All that information must also be protected and always available.
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- Magazine article from: Investor's Business Daily September 17, 2002 700+ words
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- Magazine article from: Investor's Business Daily Bonasia, J. June 27, 2003 700+ words
...recently took a break from client meetings at the Paris Air Show to chat with IBD about product life-cycle management. IBD: How would you define product life-cycle management? Charles: PLM is a suite of software applications that allow any...
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- Magazine article from: Investor's Business Daily October 2, 2003 700+ words
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