SOURCE: RainStor


February 23, 2011 11:56 ET

RainStor Forms Big Data Retention Advisory Council

Industry Experts Form Council to Raise Awareness on Need for Dedicated Approach to Enterprise Data Retention

SAN FRANCISCO, CA--(Marketwire - February 23, 2011) - RainStor, an infrastructure software company specializing in online data retention and retrieval, today announced the formation and sponsorship of The Big Data Retention Advisory Council.

Comprised of industry veterans and former leaders of organizations including Credit Suisse First Boston (CSFB), AT&T, Microsoft, BT and others, the Council will raise overall market awareness around the need for best-of-breed, innovative technology approaches to help companies across multiple sectors, including financial services, communications, security, cyber-security, data warehousing and analytics to retain data in the most cost-efficient way.

"The Council brings together a talented group of business and technology leaders that collectively recognize the pain and challenges surrounding Big Data management and retention," said John Bantleman, CEO at RainStor. "Many industries' data growth rates have reached a point that requires a new technology approach to better manage and retain large volumes of data at a manageable price-point. Compounding the issue is the increasing stringent regulations that force organizations to keep data sets tamper-proof and online for query, which is critical for these organizations to stay compliant and in business."

Data growth and management has become both a business and IT problem. The business demands ongoing access to larger data sets for improved decision making while IT is required to support systems and infrastructure within the boundaries of a limited budget. As CIOs work to modernize their data infrastructures, the biggest challenges encountered are finding the most efficient and cost effective way to store data online while automatically purging data that is no longer required, which for many industries poses a liability if retained longer than expiration policies dictate.

"Retaining big data also requires unique technologies and solutions that can co-exist alongside traditional database management systems -- both transactional and analytical -- with a proven and standard way to access data across diverse systems," said Frank Fanzilli, chairman of RainStor's Advisory Council and former global CIO of Credit Suisse First Boston. "The Council's wide-ranging backgrounds and wealth of expertise will bring together great insights as market demands evolve today and in the future. The entire data management market is undergoing tremendous external pressure, which has given rise to new technology approaches such as cloud capabilities, in-memory and other more flexible, cost effective methods for managing complex data."

Founding council members include Frank Fanzilli, Stuart Frost, Dr. Hossein Eslambolchi, Al-Noor Ramji, and Greg Oslan. Council member bios are listed below.

Big Data Retention Advisory Council Members:

Frank Fanzilli, Advisory Council chairman, is a director at GFI Group, Correlix, Calyspso, Commvault and The Linux Foundation. The former Managing Director and Global CIO of Credit Suisse First Boston (CSFB), Frank retired from CSFB in 2002 to pursue a career in technology ventures. At CSFB, he presided over information technology at the global investment bank during the firm's most significant expansion, defining the bank's technology architecture and leading an IT organization of more than 4,000 people. Since 2002, Frank has served on the boards of a number of notable technology companies, including PeopleSoft, Avaya, and Interwoven, where he was also Chairman of the Board. 

Dr. Hossein Eslambolchi is the chairman and CEO of 2020 Venture Partner. He is recognized in the scientific community as one of the foremost thought leaders and technologies scientists of the high-tech age and 21st century. Dr. Eslambolchi joined AT&T Bell Laboratories in 1986 and became global CTO, global CIO, President and CEO of AT&T Labs, and President and CEO of AT&T Global Network Services. He also served as a critical member of AT&T's governing Executive Committee. As the Chief Transformation Officer at AT&T, he developed and executed a comprehensive four-stage strategy that included Enterprise Customer Service, Network Transformation, Service Transformation and Cultural Transformation; essentially, the overhaul and remodeling of the company that SBC dubbed the "new AT&T."

Stuart Frost is the chairman at Predixion Software, Inc. Previously, Stuart was the general manager of strategy at Database Systems Group at Microsoft. Additionally, Stuart co-founded DATAllegro, Inc. in 2003 and served as its CEO and was later acquired by Microsoft. He also served as the chairman of board and CEO of EnterpriseDNA. Stuart is a well-respected, high-tech entrepreneur with more than 20 years of experience in the technology market.

Masood Jabbar is a 30-year veteran of the technology industry and is currently a private investor in start-up companies and sits on the board of directors of Silicon Image Inc., JDS Uniphase, RF Micro Devices and Calypso Technology Inc.

Masood spent more than 16 years at Sun Microsystems before retiring in 2002 when he was serving as Executive Vice president of Global Sales Operations. Prior to heading Sun's sales organization, he was the president of Sun Microsystems' Computer Corporation, the multibillion dollar business unit that developed, manufactured and marketed desktop and server computing systems. Before joining Sun Microsystems, Masood spent 10 years with Xerox Corporation, in various planning and controllership positions. He worked at IBM Corporation for three years prior to joining Xerox.

Greg Oslan is the CEO of Narus, a wholly owned subsidiary of the Boeing Company. He also has a strong background in raising capital and consulting for growth companies. Prior to joining Narus, Greg was president and CEO for Wireless Online, a provider of smart antenna solutions to the wireless industry. Earlier, he served as president and COO for CNET, Inc., where he effectively executed a turnaround strategy and acquisition. During Greg's 10 years with Ameritech Corporation, he was the director of wireless data marketing and director of business development for Ameritech Mobile Communications. His career began at AT&T.

Al-Noor Ramji is the executive vice president and general manager of Misys International Banking Systems, Ltd. Previously, he served as the CIO of BT Group PLC from May 2004 to 2010. Additionally, Al-Noor served as CFO and Executive Vice President of Qwest Communications International Inc. from 2001 to 2004. Prior to joining Qwest, he was one of the best-known figures in information technology in the City of London and served as a Global Chief Information Officer at Dresdner Kleinwort Benson from 1996 to 2001, following a number of senior IT and business positions with Swiss Bank Corporation and Credit Suisse First Boston. He founded WebTek Software and served as its Group Chief Executive Officer. Al-Noor has also served as chief information officer at UBS (then called SBC) and as global head of operations at Credit Suisse First Boston.

About RainStor
RainStor is a technology pioneer in online information preservation. The company's specialized data repository significantly reduces the total cost of retaining data through extreme data reduction, simplified data management and near-perfect scalability on commodity hardware. RainStor solutions are deployed by technology partners across multiple industries and include HP Dragon, Teradata, Informatica, AdaptiveMobile and On Point Technology to reduce the cost and complexity of preserving information in the enterprise or the cloud. RainStor solutions include application and database archiving, application retirement, SaaS Data Escrow and data warehouse archiving.

RainStor is a privately held company with offices in San Francisco, USA and Gloucester, UK. For more information, visit Join the conversation at

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