StoredIQ + IBM = Strong Information Lifecycle Governance

As most of you know by now, on December 19th IBM announced its intent to acquire StoredIQ. This acquisition represents an exciting new chapter for StoredIQ and marks a major milestone in our company history, one that recognizes our collective strength and achievements. Our team’s dedication, talent and hard work through the years have been integral to building StoredIQ into an industry leader, and we’re excited about the future for our employees, customers, and partners!

As part of the IBM Information Lifecycle Governance business, StoredIQ will advance IBM’s efforts to help clients derive value from big data and respond more efficiently to litigation and regulations, dispose of information that has outlived its purpose and lower data storage costs. We firmly believe that StoredIQ’s ability to lead and innovate in this space will be significantly stronger as part of the IBM team. Together, IBM and StoredIQ can empower organizations to more efficiently use and govern their unstructured data to increase its value and eliminate unnecessary cost and risk.

In the press release, Deidre Paknad, vice president of Information Lifecycle Governance at IBM commented:

“CIOs and general counsels are overwhelmed by volumes of information that exceed their budgets and their capacity to meet legal requirements. With this acquisition, IBM adds to its unique strengths as a provider able to help CIOs and attorneys rapidly drive out excess information cost and mitigate legal risks while improving information utility for the business.”

Managing Data In Place

One of the benefits StoredIQ brings to the IBM product suite is our ability to manage data where it natively resides. The StoredIQ Platform was designed as a smart, strategic weapon to help corporations discover, analyze, and act on terabytes to petabytes of data, in-place, including data classification, records management, compliance, eDiscovery, and storage optimization. In a recent analyst note, Gary MacFadden with Parity Research discusses the acquisition and wrote:

“One of the key differentiators for StoredIQ has been its philosophy of leaving unstructured data such as documents, emails, images, and other text-based files where they reside rather than moving data to a central repository in order to index and manage it. For large organizations trying to manage petabytes of unstructured digital content contained in hundreds or perhaps even thousands of local and geographically dispersed locations across their enterprise, attempting to consolidate data to a few physical or logical locations is time consuming, expensive and often counterproductive – assuming data aggregation is even a viable option.”

One Platform, Countless Benefits
Built on a powerful, unified platform that dynamically manages data in place, StoredIQ dramatically improve the speed and reliability of information management, lowering eDiscovery costs and compliance risks while meeting the stringent requirements that IT departments demand.  With StoredIQ, you can take Big Data head on to:

• Find information relevant in critical litigation matters
• Know what information is no longer needed, and could be deleted with confidence
• Better respond to regulatory and other inquiries
• Solve big data problems and manage information more efficiently to reduce cost and risk

With StoredIQ, companies gain a comprehensive, unified solution to minimize the cost and risk of managing the ever increasing amount of unstructured data stored across the enterprise in file shares, email, content management systems, SharePoint, laptops, or in the cloud. The capabilities within StoredIQ’s solutions allow organizations to break down litigation preparedness, defensible records deletion, compliance adherence and storage optimization initiatives into targeted, practical projects that deliver improved efficiencies and rapid ROI. Gary concludes in his Parity Research blog post:

“With the addition of StoredIQ, IBM has an additional solution set to provide its clients with both tactical and strategic benefits. Given, the momentum of IBM’s ILG solutions group and the fact that StoredIQ has already been an ILG partner for several years, the integration should be relatively seamless, and StoredIQ should be a much-valued addition to the ILG portfolio.” 

Consistent with IBM strategy, IBM will continue to support and enhance StoredIQ’s clients and technologies while allowing them to take advantage of the broader IBM portfolio. IBM intends to incorporate StoredIQ into its Software Group and its Information Lifecycle Governance business. StoredIQ’s goal with this acquisition is to deliver even more value to our customers going forward, as the StoredIQ software is more deeply integrated with IBM Information Lifecycle Governance solutions. Driven by a firm belief that StoredIQ will enjoy even greater success as part of the IBM Company, we look forward to StoredIQ and IBM’s future together with great enthusiasm! 

For more information about the StoredIQ acquisition, please read the press release and the FAQ document. Or, email us at info@storediq.com.

StoredIQ Garners KMWorld Trend-Setting Product Award for Fourth Consecutive Year

We’re happy to announce that the StoredIQ Platform was named as a KMWorld Trend-Setting Product of 2012. This is the fourth year in a row that StoredIQ has been honored with this annual and prestigious award, which highlights products that demonstrate clearly identifiable technology breakthroughs that serve the vendors’ full spectrum of constituencies, especially their customers. This year, more than 700 products were assessed by KMWorld’s judging panel, which consisted of editorial staff, analysts, system integrators, vendors, line-of-business managers and users.

Providing a powerful, infinitely scalable platform for Big Data management, the StoredIQ Platform enables organizations to gain visibility and control over unstructured data to meet their eDiscovery, records management, governance, compliance and storage requirements. The StoredIQ difference is our ability to dynamically index and analyze data in-place. It’s a practical approach that dramatically improves the speed and reliability of information management. The StoredIQ Platform was chosen for this unique approach to managing Big Data.

StoredIQ continues to extend its Platform solution to provide customers with deep intelligence and understanding into business critical data. This is why StoredIQ is again on our list of Trend-Setting Products. – Hugh McKellar, editor in chief of KMWorld

We are very pleased that KMWorld has recognized StoredIQ for our market-leading active information management solution. To be recognized a fourth time by KMWorld and its judges as a Trend-Setting Product of the Year is a testament to our commitment to help organizations manage their information according to its business value while reduce cost and risk.

StoredIQ Introduces DataIQ – a New Data Intelligence Application for Answering Big Data Questions

Utilize intelligent overlays to spot potential issues.

As we worked with customers over the years on information management initiatives from eDiscovery, information governance, storage, and records retention, one common theme bubbled up over and over…customers needed a simple tool to give them a comprehensive understanding of their unstructured data.

To meet those needs, today StoredIQ introduced DataIQ, an innovative application designed on the StoredIQ Plaform that reduces the complexity of understanding and analyzing Big Data. DataIQ was designed as a quick start data intelligence application that empowers customers with knowledge about their data to better plan and prepare for any information management project.

“Every company has more data than it can manage. But few can precisely locate it, assess the value of it, or make much sense out of it when they need to. Information management projects can be very intimidating.  To set a course for success, organizations need to build insight regarding the whereabouts, meaning, and usage of their data.” –Ted Friedman, VP and distinguished analyst, Gartner

DataIQ gives organizations a simple, low-cost, visualization solution to understand their unstructured data — without first moving it to a repository — to help answer questions such as:

• How much data do you have across your enterprise?
• What are your largest repositories?
• How much old, un-used data do you have and where is it?
• Who owns data that is violating corporate policies?
• Which data is relevant to your business and which is just taking up space?

DataIQ scales from terabytes to petabytes, from single corporate offices to global enterprises, and provides a single, holistic view across a multitude of enterprise data sources and hundreds of file types — without moving any data from its native location. DataIQ gives companies the ability to:

• Identify – interesting subsets of information without moving any data across the corporate network
• Analyze –  data using advanced visualizations to spot compliance violations, get out in front of the eDiscovery process, make infrastructure planning decisions, jump start records initiatives, etc.
• Act – copy, collect, move data that requires further processing or retention; defensibly delete data that provides negative value to the company

Pricing and Availability

DataIQ is currently in Beta and will be generally available in August 2012. DataIQ is priced as a subscription model based on TB or PB of data under management. For additional pricing information, contact StoredIQ for a DataIQ quote.

Learn more about DataIQ today!

• DataIQ Web Page
• DataIQ Datasheet
• Request a DataIQ Demo
• Sign Up for the DataIQ Webinar on August 2nd