SOURCE: Solix Technologies

February 13, 2006 07:37 ET

Compliance Requirements Driving Data Storage Cost to Crisis Proportions According to Information Lifecycle Management Visionary

ILM Visionary Sai Gundavelli, Founder of Solix Technologies, Asserts That Organized Approaches to Data Archiving Are Now Called for to Dramatically Reduce Storage, Retrieval and Administration Costs

IRVINE, CA -- (MARKET WIRE) -- February 13, 2006 -- ILM Summit West 2006 -- Solix Technologies, a leading global provider of information lifecycle management (ILM) solutions, announced that ILM visionary Sai Gundavelli, the company's founder and CEO, will present "From Data Management to Information Lifecycle Management" at ILM Summit West 2006.

Gundavelli will present an in-depth analysis and perspective on the need for companies to move away from data lifecycle management and adopt Information Lifecycle Management (ILM), showing how the data storage driven by compliance and other user requirements are creating a crisis in data storage management. His presentation will take place at ILM Summit West on Tuesday, February 14.

"Driven by compliance requirements and other user needs, such as detailed business analytics, rich media types and online business operations, estimates are placing annual data storage growth as high as 125 percent," said Gundavelli. "This growth is creating an IT crisis as costs for data storage, retrieval and administration spiral out of control. Today, only an organized approach to data storage provides a remedy, particularly for IT initiatives related to application integration and consolidation, customer relationship management, eCommerce, Web services and other projects with intensive storage requirements."

Gundavelli will also speak as part of the ILM Summit West panel on Software & Customer Solution Considerations chaired by storage analyst Charlie Garry. ILM Summit is the first stand-alone conference in the United States dedicated entirely to Information Lifecycle Management (ILM), the management of data throughout its lifecycle. It will feature full-day tutorials on Sarbanes-Oxley compliance and introduction to ILM, panel sessions, keynotes, and table exhibits. For more information, visit www.ilmsummit.com.

"Through 2007, database archiving will increasingly be adopted as a best practice in managing existing legacy applications and as a main point of emphasis in new application development," said Charlie Garry, a former META Group analyst and well-known storage analyst. "With data volumes growing at 125 percent annually, the market for database archiving is poised to grow substantially."

Also at ILM Summit West, Solix Technologies will exhibit its new patent-pending technologies designed to redefine ILM through organized growth. Solix's flagship product ARCHIVEjinni™ is today's most comprehensive ILM solution. ARCHIVjinni's unified architecture manages all data from Oracle, SAP, Peoplesoft, custom applications, Email and documents. ARCHIVEjinni automates archiving for data, documents, Email and reports with powerful capabilities for compliance and storage management, data subsets, security and optimized performance. Solix will be exhibiting in Booth 10.

"More and more customers are recognizing data archiving as a key strategy to manage the data growth," said Raymond Paquet, Managing Vice President at Gartner. "Enterprises should look into archiving products that offer a single comprehensive solution for managing data across all data segments (applications, Email and documents), rather than buying a point solution for each of them. This would eliminate integrating multiple archiving solutions and eventually enable organizations to provide search capabilities across all segments of enterprise data."

About Solix Technologies

Solix Technologies, Inc., a leader in Information Lifecycle Management solutions, helps businesses improve application performance, reduce storage costs and meet their compliance requirements. As an ORACLE Certified Advantage Partner (CAP), SAP Complementary Software Provider (CSP) and being assessed as one of the CMM Level5 companies worldwide, Solix is dedicated to delivering world-class software with quality at its core. With an extensive global client base, including many Fortune 500 companies, Solix is considered a pioneer in providing a complete infrastructure platform to manage data across all segments (Application, Email and Documents) in an enterprise. For more information about Solix Technologies, visit: http://www.solix.com.

ARCHIVEjinni is a trademark of Solix Technologies. Other product and service names mentioned herein are the trademarks of their respective owners.

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