StorageNetworks Delivers Data Storage Management Services and Technology to Ford Motor Company
WALTHAM, Mass.--May 2, 2001--StorageNetworks' Services Unlock Significant Value In Ford's Existing
Assets And Improve Service Levels
StorageNetworks , the world's leading provider of data storage management services, today announced that it is delivering a suite of data storage services to Ford Motor Company . StorageNetworks(SM) services measurably increase the control that large customers have across their data storage environments, while significantly driving costs down. The specific services that Ford is implementing include StorageNetworks STORmanage(SM) services to unlock value on existing and new data storage assets; DataPACS(SM) services to convert the current environment and deploy new SAN technology and professional services to re-architect elements of its storage environment.
StorageNetworks' suite of services provide the software, storage management best practices and operational expertise to manage, monitor and operate Ford's existing and new data storage assets.
"Our experience is that we can further reduce the storage budgets of well-run enterprise environments by 25-30%," said Peter Bell, chairman and CEO of StorageNetworks. "STORmanage services enable Ford to more efficiently utilize its existing storage assets and reduce new storage deployments."
"Under-utilization of storage assets can occur even within companies that have large state-of-the-art data centers," said John McArthur, vice president of storage research for IDC. "This is due in part to inadequate storage management tools in the industry today, but is also the result of the complexity and high cost of selecting and implementing the storage management tools that do exist. Companies like StorageNetworks are providing a balanced combination of services and software to enable companies such as Ford to more efficiently manage their environments, while improving asset utilization and ultimately reducing costs."
As part of the company's data storage management services, StorageNetworks provides its industry leading storage software technologies. This software includes StorageNetworks STORos(SM) operating system, which integrates and centralizes the distributed and heterogeneous management elements of the complete storage network. The STORos operating system provides a common structure that unifies storage resources through defined interfaces for information exchange, control and management. More importantly, the STORos operating system enables global asset management, which provides great benefits across a corporation's vast enterprise. STORos is the underlying operating system that supports StorageNetworks innovative Storage Service Management applications such as the Virtual Storage Portal(SM) (VSP(SM)) software.
StorageNetworks Virtual Storage Portal software enables a company to closely analyze and monitor its storage environment, as well as manage its data storage services. The VSP software provides current and historical information pertaining to availability, usage, capacity, performance, charge-backs and service-level metrics. The VSP software also provides the ability to simultaneously manage and monitor their SAN environments independent of the underlying devices, across geographically dispersed business sites.
About StorageNetworks
StorageNetworks, Inc. is the world's leading provider of data storage management services, and an innovator of storage management software. Our technology, software and services enable enterprises to easily and cost-effectively store rapidly growing volumes of business-critical information. We simplify data storage management and empower our customers with increased control and optimal utilization of their complex storage environments. StorageNetworks, headquartered in Waltham, Massachusetts, has offices worldwide. For further information, visit our Web site at http://www.StorageNetworks.com, email info@StorageNetworks.com, or call 1-800-463-7105.
Except for the historical information contained in this announcement, the matters discussed in this announcement are or may contain "forward-looking statements" (as that term is used in the Private Securities Litigation Reform Act of 1995) that involve risks and uncertainties as detailed from time to time in StorageNetworks' filings with the Securities and Exchange Commission ("SEC"). StorageNetworks draws the reader's attention to the factors described in its Annual Report on Form 10-K for the year ended December 31, 2000 under the heading, "Certain Factors That May Affect Future Operating Results."
StorageNetworks, STORmanage, DataPACS, STORos, Virtual Storage Portal and VSP are servicemarks of StorageNetworks, Inc. All other brand and product names contained in this release may be trademarks or registered trademarks of their respective holders.