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Palm Bay seeks enterprise zone

  • November 16, 2011 7:30 pm

PALM BAY — Fred Sutton remembers a time when it was relatively easy to fill his commercial property with businesses whose owners wanted to be in Florida?s sunshine and near its beaches.

But in today?s economy, developers such as Sutton have to be much more aggressive to catch the attention of the smaller number of companies that have the flexibility to move.

Economic initiatives, like the enterprise zone Palm Bay is seeking for a roughly square mile swath in the northeastern section of the city, boost those efforts.

?We?re doing now whatever it takes,? said Sutton, who owns about 500,000 square feet of space in the proposed enterprise zone. ?I think it would be another tool for us to use in attracting new business. We?re all in that game now.?

Palm Bay city leaders Thursday night voted to submit a state application to create an enterprise zone and approved a plan that outlines how it would achieve economic goals for the area.

If approved, the enterprise zone would include an area from Lipscomb Street to Florida East Coast Railway and Florida Avenue to Kirby Avenue.

Enterprise zones are districts created under Florida law to encourage private investment in distressed areas marked by high unemployment and poverty rates.

There are 59 enterprise zones in Florida. Cocoa has the only one in Brevard County.

Businesses that locate or expand within enterprise zones are eligible for sales tax refunds on building materials and business equipment as well as job tax credits for hiring employees from within the zone.

Palm Bay?s goals for the enterprise zone are to reduce the poverty and unemployment rates by boosting the jobs and tax base in the area. The city also hopes to increase the number of minority-owned businesses.

The strategic plan calls for the city to partner with Brevard Workforce and other community groups to offer job training programs for residents who live in the enterprise zone.

Florida lawmakers this year approved a bill that allows Palm Bay to apply to create the enterprise zone. But the final plan still needs to be approved by the Division of Strategic Business Development within the newly created Department of Economic Opportunity.

The application is due by the end of the year. Palm Bay should hear by the end of February if its proposed enterprise zone is approved.

The enterprise zone would not be an economic end-all for Palm Bay, but rather would bolster the incentives the city has to offer businesses looking to expand or relocate, Palm Bay Business Development Administrator Edyie McCall said.

Palm Bay has been successful over the past year in drawing high-tech businesses to the area slated for the enterprise zone.

AAR Airlift Group last year located its headquarters at 2301Commerce Park Drive.

Syncron EMS decided in September to move its operations from Melbourne to 2330 Commerce Park Drive and Escent Life Sciences announced in October it would be opening operations at 2350 Commerce Park Drive. It could open its doors as soon as next week.

All three businesses could tap into the enterprise zone incentives if they decided to expand in the future, McCall said.

Motorola announces ET1 Enterprise Tablet for businesses

  • November 15, 2011 8:07 am

Motorola introduced a new mobile slate Monday — the ET1 Enterprise Tablet.

But the ET1, as the enterprise in the name would suggest, wont be showing up for sale at Best Buy. The ET1 is built for businesses, specifically retail businesses. Rather than on the shelf at a consumer electronics store, Motorola wants the ET1 in the hands of retail employees.

It will be produced and marketed by Motorola Solutions, the business-focused half of Motorola.

Motorola Solutions is the half of Motorola that Google is not trying to buy. The half Google wants is Motorola Mobility, which makes consumer products such as the Droid Bionic phone and Xoom tablet.

The ET1 will also be very different from an average consumer-grade tablet and will be able to withstand multiple bumps and drops during a workday, Motorola said in a statement.

Featuring a 7-inch touch screen, the ET1 will be marketed not with Angry Birds in mind as much as for use in a business. It has options such as a bar-code scanner and magnetic stripe reader for swiping credit cards.

Unlike Apples iPad or Samsungs Galaxy Tab, the ET1 will feature removable battery packs and a memory backup battery that retains recently used data for up to 15 minutes after the devices battery pack is removed.

Front and rear cameras, Bluetooth technology, mobile-payment readers and mobile printers can also work with the ET1, as well as a hand strap for comfortable full-shift handling.

Intended for demanding day-long use, the Wi-Fi-enabled ET1 is password-protected so it can be easily shared and instantly provisioned for each employee according to his or her level of responsibility and access rights, Motorola Solutions said. Based on log-in information, managers can automatically control and monitor use of approved applications to help ensure on-the-job productivity is not compromised.

Like products from Motorola Mobility, the ET1 will run a modified version of Googles Android operating system that runs Android apps as well as apps built specifically for business use, built in HTML5. Motorola Solutions has launched app development software called RhoElements that makes it easier for your associates to use the same applications regardless of device or operating systems.

Motorola didnt say how much the ET1 will cost, which will surely vary depending on the options a business chooses. But given that the ET1 is targeted toward businesses, one would hope there is a bulk rate.

RELATED:

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Google-Motorola Mobility deal: What do HTC, LG, Samsung think?

– Nathan Olivarez-Giles

twitter.com/nateog

Images: The Motorola Solutions ET1 Enterprise Tablet. Credit: Motorola Solutions

Enterprise Bancorp To Trade Ex-Dividend

  • November 12, 2011 10:23 am

Looking at the universe of stocks we cover at Dividend Channel, on 11/8/11, Enterprise Bancorp, Inc. (NASD: EBTC) will trade ex-dividend, for its quarterly dividend of $0.105, payable on 12/1/11. As a percentage of EBTCs recent stock price of $13.97, this dividend works out to approximately 0.75%.

Below is a dividend history chart for EBTC, showing historical dividends prior to the most recent $0.105 declared by Enterprise Bancorp, Inc. :

Paychex Honored for Excellence in Risk Management

  • November 9, 2011 7:12 pm

ROCHESTER, N.Y., Nov 04, 2011 (BUSINESS WIRE) –
Paychex, Inc., a leading provider of payroll,
human
resource, and benefits
outsourcing solutions for small- to medium-sized businesses, has
again earned national recognition for its superior performance in
enterprise risk management by receiving the first-ever Risk and
Insurance Management Society, Inc. (RIMS) Enterprise Risk Management
Award of Distinction and a silver Alexander Hamilton Award for
excellence in enterprise risk management (ERM).

The RIMS Enterprise Risk Management Award of Distinction was created to
honor organizations that have shown a tremendous commitment to their
enterprise risk management program. Based on the award judging criteria,
which is weighted for value creation as well as value protection, the
Paychex ERM program demonstrates a strong focus on the organization’s
strategy for achieving solid results. According to RIMS, the program
demonstrates how risk management can deliver innovation and tangible
value for an organization.

The Enterprise Risk Management program at Paychex was also recently
recognized with a silver Alexander Hamilton Award for excellence in
enterprise risk management. The awards are presented annually by Treasury
& Risk magazine, a national business publication. Now in
its 16th year, the awards recognize excellence and innovation in finance
and treasury management at corporations and organizations around the
world. The Mayo Clinic and Toyota Financial Services were the gold and
bronze winners in this category, respectfully. This marks the sixth
consecutive year Paychex has been recognized with an Alexander Hamilton
Award.

“It is a true honor for Paychex to be recognized by these two
organizations,” said Frank Fiorille, director of risk management for
Paychex. “It further validates how the discipline and stewardship of
risk management can not only preserve value, but at the same time, create
value for the company.”

The Paychex submissions for the awards detailed the ongoing execution of
value creation initiatives influenced or driven by the risk management
organization, as well as the development of a risk workshop to
disseminate risk management awareness across the organization. To date,
nearly 1,200 employees have participated in these workshops,
representing almost 10 percent of the company.

About the Risk and Insurance Management Society, Inc.

As the preeminent organization dedicated to advancing the practice of
risk management, RIMS (the Risk and Insurance Management Society, Inc.)
is a global not-for-profit organization representing more than 3,500
industrial, service, nonprofit, charitable and government entities
throughout the world. Founded in 1950, RIMS brings networking,
professional development and education opportunities to its membership
of more than 10,000 risk management professionals who operate in more
than 120 countries. For more information on RIMS, visit
www.RIMS.org .

About Treasury & Risk

Treasury & Risk magazine is a leading monthly business
publication for senior financial executives. Treasury & Risk’s Alexander
Hamilton Summit, now in its 16th year, recognizes excellence in treasury
management and finance at the nation’s top companies and multinationals,
and has served as a benchmarking standard for chronicling the best
practices and evolution of treasury and finance departments. Over the
years, the awards program has recognized flagship companies such as
Cisco, Google, Honeywell, McDonald’s, and Microsoft.

About Paychex

Paychex, Inc.

/quotes/zigman/76829/quotes/nls/payx PAYX
-3.25%


is a leading provider of payroll, human resource, and benefits
outsourcing solutions for small- to medium-sized businesses. The company
offers comprehensive payroll services, including payroll processing,
payroll tax administration, and employee pay services, including direct
deposit, check signing, and Readychex(R). Human resource
services include 401(k) plan recordkeeping, section 125 plans, a
professional employer organization, time and attendance solutions, and
other administrative services for business. A variety of business
insurance products, including group health and workers’ compensation,
are made available through Paychex Insurance Agency, Inc. Paychex was
founded in 1971. With headquarters in Rochester, New York, the company
has more than 100 offices serving approximately 564,000 payroll clients
nationwide as of May 31, 2011. For more information about Paychex and
our products, visit
www.paychex.com .

Stay Connected with Paychex

Twitter:
www.twitter.com/paychex

Facebook:
www.facebook.com/paychex

LinkedIn:

http://www.linkedin.com/company/paychex/products

SOURCE: Paychex, Inc.

Paychex, Inc.
Lisa Fleming, 585-387-6402
Public Relations Program Manager
lfleming@paychex.com
Twitter: @PaychexNews

Copyright Business Wire 2011

/quotes/zigman/76829/quotes/nls/payx

Add PAYX to portfolio

PAYX

Paychex Inc.


$
28.62

-0.96
-3.25%

Volume: 1.11M
Nov. 9, 2011 2:11p

Oracle Learning Made Easy: Oracle PeopleSoft Enterprise Financial Management …

  • November 8, 2011 12:12 pm

Packt Publishing is pleased to herald the arrival of another book in its ever expanding Oracle book catalog: Oracle PeopleSoft Enterprise Financial Management 9.1 Implementation. This book and eBook is an exhaustive resource for PeopleSoft Financials application practitioners who wish to understand core concepts, configurations, and business processes.

UK (PRWEB) November 05, 2011

Birmingham: Packt Publishing is pleased to herald the arrival of another book in its ever expanding Oracle book catalog: Oracle PeopleSoft Enterprise Financial Management 9.1 Implementation. This book and eBook is an exhaustive resource for PeopleSoft Financials application practitioners who wish to understand core concepts, configurations, and business processes.

Oracle PeopleSoft Enterprise Financial Management 9.1 Implementation begins with the fundamentals of a generic financial ERP system. It then moves on to basic PeopleSoft concepts, where individual modules are discussed in detail. This book will help readers understand the philosophy of a financial ERP system and PeopleSofts particular approach. It not only teaches how to control access to system features, but also explores the customer invoicing process along with configuring the Billing module. Readers will be able to explore how organizations perform budgeting activities through commitment control and perform implementation activities using the Setup Manager. More details can be found on the Packt website.

Functional implementation analysts, business analysts, and business users will find this book to be a valuable addition to their Oracle libraries. The book is available from Packt and other leading retailers in print, eBook, Kindle and online library formats.

About Packt.

Packt Publishing is one of the worlds leading Publishers of Oracle titles. To date it has published more than 50 Oracle books across a wide variety of topics. Recent publications have included:

  • Getting Started with Oracle Hyperion Planning 11
  • Oracle WebCenter 11g PS3 Administration Cookbook
  • Oracle 11g R1/R2 Real Application Clusters Essentials
  • Oracle Enterprise Manager Grid Control 11g R1: Business Service Management

Packt has a full title pipeline for the remainder of 2011 and into 2012. Future (announced) titles include:

  • Oracle Hyperion Interactive Reporting 11 Expert Guide
  • OCA Oracle Database 11g: SQL Fundamentals I: A Real World Certification Guide
  • Oracle JD Edwards EnterpriseOne 9.0: Supply Chain Management Cookbook
  • Oracle BI Publisher 11g: A Practical Guide to Enterprise Reporting

Packts stated aim is to become the number one resource for Oracle Learning in book, eBook and new technology formats. What is Oracle? Packt hopes to have the answer.

###

For the original version on PRWeb visit: www.prweb.com/releases/prweb2011/11/prweb8927115.htm

Enterprise seeks dismissal of ETP’s pipeline lawsuit

  • October 27, 2011 10:32 am

Houston-based Enterprise Products Partners LP has asked a Dallas County court to throw out a lawsuit filed last week by Dallas-based Energy Transfer Partners LP over a proposed pipeline joint venture that never came to fruition.

Energy Transfer (NYSE: ETP) alleged in the lawsuit that Enterprise (NYSE: EDP) backed out of a deal to build a pipeline that would have run from Cushing, Okla, to the Gulf Coast so that it could pursue a similar venture with Enbridge Inc.

Enbridge Inc.
Latest from The Business Journals
Energy Transfer Partners suit should be thrown out, Houston firm saysEnterprise seeks dismissal of ETPs pipeline lawsuitETP sues Enterprise over scrapped pipeline project

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(TSX: ENB) of Canada.

A hearing on Enterprises motion has been set for 10:30 am, Dec. 9, in the 298th District Court in Dallas.

In its lawsuit, ETP said it formed a joint venture in April with Enterprise called Double E Crude Pipeline LLC to build the pipeline.

Energy Transfer alleged that Enterprise later claimed the pipeline was not economically viable and broke the terms of the joint venture by sending out a news release without ETP’s consent saying the Double E joint venture was terminated.

On Thursday last week, Enterprise announced a deal with Enbridge to build a crude oil pipeline, called the Wrangler Pipeline, from Cushing to the Gulf Coast.

ETP claims in the lawsuit that Enbridge and Enterprise discussed the new pipeline before Enterprise terminated its joint venture with ETP. The lawsuit alleged breach of contract, breach of fiduciary duty and breach of a confidentiality agreement.

In a motion filed Friday afternoon, Enterprise said that there never was a formal agreement with ETP to build the Double E Crude Pipeline and therefore no agreement could have been broken.

Enterprise said that a letter of agreement was signed between it an ETP in April on the proposed venture that stated the agreement would not become binding unless and until the parties have received their respective board approvals and definitive agreements memorializing the terms and conditions of the transaction have been negotiated, executed and delivered by both parties.

Enterprise said none of those things happened and, therefore, no binding agreement existed.

Lance Murray can be reached at 214-706-7106

CIO Executive Leadership Summit Focuses on Driving Value, Transformational …

  • October 26, 2011 2:31 am

WESTPORT, Conn., Oct. 10, 2011 /PRNewswire via COMTEX/ –
Transformational CIOs leverage new technologies to drive real business growth and create new efficiencies across the modern enterprise. That’s the prime message of the 2011 CIO Executive Leadership Summit, Oct. 24, 2011, from 7 a.m. to 6 p.m. at The Hyatt Regency Greenwich, Greenwich, Connecticut.

HMG Strategy and The Fairfield/Westchester Chapter of the Society for Information Management present the annual summit, which attracts CIO/IT leaders and C-level executives from the greater New York Metro area. The summit delivers world-class thought leadership in a club-like setting, enabling attendees to gain unique insights into best practices and hear success stories from top industry experts and senior technology executives.

Keynote speakers include Jeanette Horan, VP & CIO, IBM Corporation; Ramon Baez, VP & CIO, Kimberly-Clark Corporation; Whitney Tidmarsh Bouck, General Manager, Box Enterprise, Box; Dick Escue, CIO Advisor, Salesforce.com; Donagh Herlihy, SVP & CIO, Avon Products; and Carol Zierhoffer, VP & Global CIO, ITT Corporation.

Additional presenters and panelists include Shawn Banerji, Managing Director, Russell Reynolds; Mike Blake, CIO, Hyatt; Larry Bonfante, CIO, US Tennis Association; Nicholas Colisto, VP & CIO, Hovnanian Enterprises, Inc.; David Colville, CIO, Nestle Waters North America; Cara Dailey, Global Business Intelligence Program Manager, GE Capital; Michael Del Priore, VP, Global CIO, Church & Dwight; Anurag Dubey, Head, BIPM Services – Mfg ISU, Tata Consultancy Services; Greg Fell, CIO, Terex Corporation; Thomas Fountain, Global CIO, Bunge, Ltd.; Michael Gabriel, EVP & CIO, Home Box Office, Stephen Gold, SVP & CIO, Avaya, Inc.; John Hill, former CTO, Siemens IT Solutions and Services, Inc.; Lisa Hoffmann, CIO, Marsh & McLennan Agency; Bill Krivoshik, SVP & CIO, Time Warner, Inc.; Beverly Lieberman, President, Halbrecht Lieberman Associates; Michael Pellegrino, CIO, The Sun Products Corporation; Steve Phillips, SVP & CIO, Avnet, Inc.; Mark Polansky, Sr. Client Partner & Managing Director IT Officers Practice, Korn/Ferry International; Joseph Puglisi, President, FWSIM, former CIO, EMCOR Group, Inc.; Phil Schneidermeyer, Partner, Heidrick & Struggles; Sigal Zarmi, CIO, GE Capital Americas; Ken Zimmerman, Founder & President, Chateaux Software and Hank Zupnick, CIO, GE Real Estate.

Highly interactive sessions provide numerous opportunities for attendees, speakers and panelists to engage in learning, networking and career building. Key topics and areas of focus include: Strategy, Process Improvement and Alignment; Innovation and Technology; Career Management and Leadership Development; Transformational Leadership; Innovation and Growth Strategies; Creating and Maintaining Trust and Relationships with CXOs; Cloud Computing; Social Enterprise; Mobile Workforce; Security; Strategic Sourcing; and Business Analytics.

“The summit is a truly unique opportunity to learn about transformational strategies, share knowledge and engage with top executives in a relaxed atmosphere,” said Hunter Muller, President and CEO of HMG Strategy. “This is an exceptionally high-value executive-level summit that highlights the key issues confronting transformational leaders seeking optimal strategies for leveraging new technologies to drive innovation and business growth in today’s ultra-competitive markets.”

About HMG Strategy

HMG Strategy, LLC is the leading provider of innovative IT leadership, management and technology support to CIO/Senior IT executives by focusing on the 360-degree needs of the CIO/IT Leader. Our events and services raise thought leadership, knowledge sharing and networking to the highest level. HMG Strategy provides access to an international network of more than 16,000 global CIO/Senior IT executives, industry experts and world-class thought leaders.

Our CIO Executive Leadership Series offers unique event experiences to build relationships with peers and gain the latest insights and best practices for driving increased business value through the use of information technology. Additionally, our partnership with the world’s leading search firms provides you with invaluable insights into the changing role of the CIO.

For more information please visit our website at
www.hmgstrategy.com .

SOURCE HMG Strategy, LLC

Copyright (C) 2011 PR Newswire. All rights reserved

Apple in the enterprise: The road forward

  • October 24, 2011 4:57 am

Apple in the enterprise: The road forward

By Jason Perlow | October 10, 2011, 7:56pm PDT

Summary: Now that the final page in the Steve Jobs chapter of Apple, Inc. has turned, will the company finally embrace the enterprise?

Rimage acquires enterprise video communications startup Qumu for $52M

  • October 21, 2011 10:21 am

Moving into enterprise video communications, on-demand disk publisher Rimage has agreed to acquire Qumu for $52 million in cash and stock.

The deal gives publicly traded Rimage a foothold in the fast-growing video communications market for enterprises. In the deal, Rimage will pick up more than 100 companies as clients in the ranks of the Global 1,000. The deal is expected to close in the next day.

Rimage distributes on-demand media on Blu-ray disks, CDs and DVDs. With Qumu, it can also distribute that on-demand content to any mobile or desktop device. For example, Rimage takes video taken by surveillance cameras and publishes it to discs. With this new acquisition, it can publish that video to smartphones or the web as needed.

Sherman Black, chief executive of Rimage in Minneapolis, said in an interview the Qumu acquisition is a cornerstone deal for his company as video communicaitons and social applications become more popular in businesses.

We started an organic effort in this space but found a way to accelerate that with Qumu, Black said. We now have a publishing platform that is bigger than any others out there.

Qumu helps corporations create, manage, and securely distribute video and related content. Its customers are in the banking, technology, telecommunications, university, and government markets. It sells its products direct to companies as well as through partners Sony and ATamp;T.

Qumus revenue has increased more than 45 percent a year for the past three years. In 2010, it generated $10.3 million in revenue and it is on track to hit $15 million in 2011. The company is targeting $21 million in revenue in 2012. Rimage hopes to take Qumu into new markets faster than Qumu could do on its own. Ray Hood, chief executive of Qumu in San Bruno, Calif., will remain the leader of the Qumu team and become a senior vice president at Rimage. In an interview, Hood said the company operates a federated content delivery network and competes with Cisco, Polycom, Vbrick, Sonic Foundry and others.

Were like Netflix, Hulu and YouTube for the enterprise, Hood said. We make the video secure and targetable to the right employees.

Rimage said it will increase its cash dividend in the fourth quarter to 17 cents a share, which is up 70 percent. Rimage expects to increase revenues by double digits in 2012. For 2011, Rimage expects revenues of $86 million to $88 million and earnings per share of 42 cents to 45 cents.

Black said the company is launching its own push-based delivery platform in the future. That is equivalent to iTunes for enterprises. Rimage was founded in 1978 and went public years ago. It has 180 employees. Qumu was originally started as eScene Networks. It was acquired by Inktomi, which was then bought by Yahoo. Qumus current founders bought the company back from Yahoo and it now has 55 employees.

NEC Delivers Faster Enterprise-Grade Storage for SME Market and New High …

  • October 19, 2011 11:58 am

IRVING, Texas, Oct 10, 2011 (BUSINESS WIRE) –
NEC Corporation of America (NEC),
a leading provider and integrator of advanced communication and IT
solutions, has upgraded its HYDRAstor HS3 (mini-HYDRA) to deliver 60
percent higher throughput with 45 percent lower power usage compared to
the previous mini-HYDRA generation. The new HS3-310 targets SME and
remote enterprise offices to provide enterprise-class performance at a
significantly lower investment. In addition, NEC is also introducing an
enhancement for its OpenStorage Suite for Symantec NetBakcup, delivering
from 15 percent to 40 percent higher data throughput than standard CIFS
or NFS protocols.

The mini-HYDRA is a single-node system that is fully compatible with the
larger scale-out grid-based HYDRAstor system allowing an easy,
cost-effective transition when capacity needs exceed 12TB. Once
transitioned into a grid environment, HYDRAstor allows for global
deduplication and scalability, which prevents silos of deduped data and
efficiency loss, all on one single management system.

The new generation HYDRAstor HS3-310 maintains the same advanced
functionality of the HYDRAstor product line, including high performance
inline deduplication and compression at 2.1 TB/hr for standard I/O, as
well as advanced erasure-coded data resiliency which is typically only
available on larger multi-node enterprise grid systems. HYDRAstor’s
Distributed Resilient Data (DRD)(TM) erasure-coding delivers better data
resiliency and faster data rebuild with less capacity or processing
overhead, compared to traditional RAID 5 or RAID 6. The new mini-HYDRA
also maintains investment protection, enabling expansion to a multi-node
HYDRAstor HS8-3000 grid system starting with a single node HS3-310.

Highlights of the HS3-310 mini-HYDRA include:


Single-node system with highest performance in its class


6 x 1GbE connections to support higher connectivity and throughput


Option for 10GbE connectivity

“The new mini-HYDRA offers SMEs advanced enterprise-class functionality
and performance without locking customers into a physically bound system
that won’t grow with the organization,” said John Webster, Senior
Partner, Evaluator Group analyst firm. “The mini-HYDRA’s full
compatibility with the multi-node HYDRAstor grid system enables users to
integrate remote offices, as well as maximize investment protection with
upgrade path to a full grid as data needs grow.”

With this release, NEC also enhances HYDRAstor’s OpenStorage Suite for
Symantec NetBackup with the introduction of Express I/O purpose-built
optimized I/O protocol, increasing performance for Symantec OpenStorage
(OST) I/O by 15 to 40 percent or more when compared to standard CIFS or
NFS protocols. Express I/O further enhances HYDRAstor’s OpenStorage
Suite, which already includes Dynamic I/O for distributed front-end load
balancing for maximum efficiency, as well as Optimized Copy services for
leveraging HYDRAstor’s WAN-optimized RepliGrid technology for copying
backup images to DR sites.

“The introduction of Express I/O further solidifies HYDRAstor’s
performance leadership,” said Gideon Senderov, Director, Advanced
Storage Products, NEC Corporation of America. “With the introduction of
the new high-performance HS3-310 and Express I/O option for even higher
performance across the entire product line, HYDRAstor continues to
enhance its offering and deliver greater value to our customers.”

Dynamic data shredding is also available on the mini-HYDRA and in
grid-based systems, allowing for mixed classified and unclassified data
environments. This capability allows the administrator to shred deleted
data, making it unrecoverable or readable. This is important for
confidential data stored in an unsecured storage system with open user
access.

“We know our customers’ data needs are not static and we work with them
to seamlessly meet those demands while working with existing storage
investments,” said Senderov. “NEC continuously invests in its HYDRAstor
product line and continues to develop innovative advanced functionality
to meet customers’ growing data needs.”

The new HYDRAstor HS3-310 with 1GbE connectivity, Express I/O option,
and Dynamic Data Shredding functionality, are all available immediately.
For additional availability and pricing, contact
NEC.

More information on NEC can be found here:

http://www.necam.com/hydrastor

www.NECToday.com Twitter
at
www.twitter.com/NEC Facebook
fan page:
www.necam.com/facebook

SOURCE: NEC Corporation of America

NEC Corporation of America
John Wise, 214-262-6384
john.wise@necam.com

Copyright Business Wire 2011