State Street Wins Top Honors for Approach to Storage Technology at Storage Networking World Awards
October 30 2009 - 10:00AM
Business Wire
State Street Corporation (NYSE: STT), one of the world's leading
providers of financial services to institutional investors, today
announced that it was selected by Storage Networking World (SNW) as
one of the top honorees for the Fall 2009 “Best Practices in
Storage” Awards Program and received the “Technology Innovation and
Promise” award for its Standardized Accelerated Virtualized
Eco-Friendly (SAVE) Storage initiative. SNW’s twice annual “Best
Practices in Storage” Awards Program identifies and acknowledges
excellence among users of storage technology. The award winners
were selected by a panel of judges based on detailed case studies
of the IT challenges and solutions implemented at each company.
State Street was presented with the award this month at a ceremony
hosted by SNW, in conjunction with IDG’s Computerworld and the
Storage Networking Industry Association.
“We are delighted to be recognized for State Street’s innovative
approach to storage technology. Our efforts to minimize our
technology footprint through our SAVE initiative provided a
strategic advantage to the business by creating a more efficient
infrastructure,” said Madge Meyer, executive vice president, Global
Infrastructure Services at State Street. “State Street’s ability to
anticipate and accommodate the deployment of future storage
solutions allows us to support continued data growth in a
cost-effective way while executing major migrations globally.”
State Street was awarded for its overall performance excellence
and quality achievement with its storage capabilities. The SNW
award highlighted one of State Street’s Storage Networking
solutions called SAVE Storage, which was implemented by State
Street’s Global Infrastructure Services team. SAVE supports State
Street’s continued data growth in a cost-effective way while
seamlessly executing major datacenter migrations and improving
manageability with increased productivity.
"The organizations and professionals judged to be finalists in
SNW Fall 2009 “Best Practices in Storage” Awards Program have
unlocked the true value of managing today’s storage technology,”
said Ellen Daly, senior vice president, events, IDG Enterprise.
“Storage management is at the center of IT infrastructure and IT
management and these finalists have shown they are on the leading
edge of innovative technologies.”
State Street Corporation (NYSE: STT) is one of the world's
leading providers of financial services to institutional investors
including investment servicing, investment management and
investment research and trading. With $17.9 trillion in assets
under custody and administration and $1.7 trillion in assets under
management at September 30, 2009, State Street operates in 27
countries and more than 100 geographic markets worldwide. For more
information, visit State Street’s web site at
www.statestreet.com.
About
Computerworld
For 40 years, Computerworld has been the leading source of
technology news and information for IT influencers worldwide.
Computerworld's award-winning Web site (Computerworld.com), weekly
publication, focused conference series and custom research form the
hub of the world's largest global IT media network.
Computerworld's Web site and print publication have won more
than 100 awards in the past five years alone. Computerworld leads
the industry with an online audience of over 2 million unique
monthly visitors and a print audience of more than 1.2 million
readers each week.
Computerworld's conferences, with their focus on technologies
and solutions, provide a rare opportunity for attendees to gain
insight into the way user companies execute their strategies in the
enterprise. Whether it's the prestigious Computerworld Honors
Program, Computerworld's exclusive Premier 100 IT Leaders
Conference or vertical industry events such as SNW, Business
Intelligence Perspectives, or SaaScon, Computerworld's conferences
provide the best environment for idea exchange among IT executives
and IT solutions providers.
About International Data Group
(IDG)
International Data Group (IDG) is the world's leading technology
media, events and research company. Since its founding in 1964, IDG
has been committed to helping people acquire and use technology
successfully. As a result, IDG’s global brands have become the
trusted source for insight into the technology industry and its
products around the world. Over the past 45 years, IDG has grown
into a multi-billion dollar company reaching technology audiences
in more than 100 countries worldwide. In 2008, IDG had revenues of
$3.2 billion and more than 13,000 employees worldwide.
IDG's diverse products and services portfolio spans six key
areas: online media, events and conferences, print publishing, lead
generation services, global marketing solutions and market
research. Additional information about IDG, a privately held
company, is available at www.idg.com. Note: All product and company
names are trademarks of their respective companies.
About the SNIA
The Storage Networking Industry Association (SNIA) is a
not–for–profit global organization, made up of some 400 member
companies spanning virtually the entire storage industry. SNIA’s
mission is to lead the storage industry worldwide in developing and
promoting standards, technologies, and educational services to
empower organizations in the management of information. To this
end, the SNIA is uniquely committed to delivering standards,
education, and services that will propel open storage networking
solutions into the broader market. For additional information,
visit the SNIA web site at www.snia.org.
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