Information technology executives and storage administrators who say they're dealing with an explosion of data continue to buy cheap disk storage to deal with the overload. Problem is, that approach will force IT managers to hire additional staffers and spend more than they need to manage their organizations' data effectively.
Thomson Financial/First Call is in the midst of rolling out XML tagging software that will automate the indexing of investment analyst reports as part of an effort aimed at giving customers greater data search capabilities.
Less than a year after it spent about US$10 million to consolidate its storage-area network infrastructure, one of the nation's largest Medicare carriers says that it's beginning to reap a full return on its investment and has saved an additional 40 per cent on its hardware costs.
The most effective way to deal with the twin threats posed by hackers and cyberterrorists is to create a central communications platform to alert and disseminate information about such attacks using a private Web site, say many Wall Street IT executives.