Friday, May 15, 2015

HP RDX+ is Coming Your Way in June

HP RDX just got better! Starting in June 2015, HP RDX becomes HP RDX+
HP RDX+ will still have a lower cost of ownership than DAT, will still backup data at super fast speeds via USB 3.0, will still have a long usage life, and will still be portable, durable, static proof and shock proof. 
What’s better is that HP RDX+ doesn’t require a separate power source. It is USB-powered meaning it can be used anywhere. Is that a cheer we hear from businesses that require rugged products they can use in the field?

Monday, May 04, 2015

UK Firms Still Storing Data in Public Cloud - Few have exit strategy, should things go wrong.

Despite a pattern of losses by public cloud services providers, a survey commissioned by Connected Data, Inc., found UK firms are still storing data in the public cloud, and few have an exit strategy in place, should things go wrong.
 
Overview of survey findings:
  • One in five UK firms (19%) has no idea how long it would take them to get their data back if public cloud services went bust
  • Over a quarter (26%) has no idea how much it would cost them to get their data back
  • One in ten (12%) of businesses that were legally obliged to keep their data in the country the business resides in, didn't know where their data was
     
Public cloud model is unsustainable
The current business model for public cloud services is unprofitable. Companies build or rent expensive infrastructure and pay for massive amounts of bandwidth to transfer all user data, yet most users don't pay for the service meaning the providers are making a loss[1]. If these losses continue, it is likely that public cloud service providers could go bust. Despite these warnings, UK firms continue to put data on the public cloud and few understand the impact to their business, were this data to disappear.

Time to get the data back
The survey of 100 UK businesses revealed over two thirds (69%) put company data on public clouds but nearly a fifth (19%) admit that, if these services went bust, they have no idea how quickly they could get their data back or migrate it to another provider in such an event. 38% thought it would take a few days, nearly one in ten (9%) thought it might take weeks. Even a day or two without mission critical data could have a serious knock-on effect on an organisation.
 
Cost to get data back
Furthermore, over a quarter (26%) did not know what it would cost them to get their data back. Nearly a third (31%) estimated the cost to be over £10,000. 9% suspecting it would be between £26,000 and £50,000. A further 9% suspected it would be over £50,000.
 
Compliance concerns
Companies are even leaving compliance to chance. One in ten (12%) of businesses that were legally obliged to keep their data in the country the business resides in, didn't know where their data actually was. Failing to meet such requirements could lead to strict penalties and reputational damage.

Can private cloud solve the problem?
A private cloud appliance, such as the recently launched, Transporter, is a purchased appliance which uses existing infrastructure and avoids the backend costs that plague traditional cloud companies. This means it is highly profitable. For customers this means that the data is secure in every way. It's 100% private, no one can access or remove it and data is stored onsite only.

"Public cloud storage - offered by companies like Dropbox and Box - are really popular," comments Geoff Barrall, CEO, Transporter. "But, these firms are failing financially and that puts the data stored on them at risk. What is more worrying is that our survey shows UK firms have not fully considered this risk, partly because using the cloud is so easy, its hard to resist."

"That is why we developed Transporter," he added: "It gives users the same flexibility and experience as Dropbox and Box, but it gives CIOs that all important control over their data. No UK firm wants to be without its data for even a day, let alone weeks. They certainly don't want to be paying to get their data back. Having data on site gives companies peace of mind, whatever the future holds."

"With a private cloud appliance no exit strategy is required," Geoff concluded. "You have control of your data, always. You can access it at all times from anywhere, yet it remains onsite and under your control."

Survey Sample
A survey of 100 IT decision makers was commissioned by Connected Data and carried out by independent research company, Verve, in February 2015.

[1] Box's recent S-1 filing highlights a staggering $168 million loss on $124 million in revenue. And the current projections for Amazon Web Services show that Amazon is set to lose $410-810 million in Q4 (Source: Canalys, September 2014).

Friday, April 03, 2015

Imation Lock & Key to Safeguard Storage From Unauthorized Access

Imation Corp. introduced Lock & Key, a solution that adds an additional layer of security to storage environments and protects data files from internal and external threats.

It provides advanced two-factor authentication for storage administrators, ensuring lock-down access to storage systems and allowing organizations to enhance their security strategies. Lock & Key solutions will be made available for purchase in June 2015 for use with Nexsan Assureon secure archive solutions.

Lock & Key is a component of company's Secure Data Movement Architecture (SDMA). Through Lock & Key, organizations can enhance their security strategies by requiring a second factor of authentication for storage administrators to gain access to storage systems. No matter where they are, administrators will be able to access a secure management user interface for one or more of Nexsan storage systems using their access credentials and a paired, encrypted and tamper-resistant IronKey secure storage flash drive. Lock & Key solutions are deployed in plug-and-play fashion, and can be centrally controlled and administered by anyone in an organization's IT team who has the required access privileges.

An important element of this framework is the ability to ensure secure access to storage systems and keep data from being stolen, destroyed or illegally accessed. Lock & Key delivers the solution to these problems by adding extra layers of security to block unauthorized access and tampering of storage systems and their digital content.

SDMA gives organizations a holistic approach to actively manage their high-value data files and protect them from tampering, destruction, loss or leakage through their entire lifecycle. SDMA empowers end users to manage their own policy for protecting their high-value data in addition to enabling organizational control and management policies. It addresses the need to safeguard data files throughout the data lifecycle.

Lock & Key builds upon the core capabilities for SDMA and data protection found within Assureon Secure Archive and IronKey secure storage solutions that are in use today. Assureon provides a comprehensive secure archive solution that protects and preserves high-value data, and IronKey mobile storage solutions enable users to securely access their workspaces and files remotely while adhering to corporate IT standards.

Tuesday, February 10, 2015

ATTO Technology Expands Relationship with Quantum

Providing joint storage and connectivity solutions for today's high-performance environments

Today ATTO announced it has further expanded its long-standing relationship with Quantum by making Celerity Fibre Channel Host Bus Adapters (HBAs) with MultiPath Director, ExpressSAS HBAs and Thunderbolt 2 technology enabled ThunderLink Desklink Devices available directly through Quantum’s sales channels. These products are supported by extensive testing and complete certifications with Quantum’s StorNext Q-Series storage systems, StorNext AEL archives and Scalar tape libraries.

As the only manufacturer to allow direct connectivity of both servers and workstations to Enterprise-level storage, ATTO is uniquely positioned to provide a high-performance connectivity solution for Quantum’s scale-out storage, archiving and data protection solutions. In addition to managing multiple paths between Windows, Linux and Mac workstations, ATTO’s solutions for Quantum enable high throughput and uninterrupted access in a variety of environments including big data, data backup and recovery, archiving and virtualization.

“Quantum enables customers to capture, share and preserve their digital assets in the most demanding workflow environments, which requires high-performance connectivity for access to the data whenever and wherever it’s needed,” said Dave Frederick, Senior Director, Product Marketing at Quantum. “We’re pleased to be expanding our partnership with ATTO by offering their Fibre Channel and SAS HBAs and Thunderbolt Desklink Devices configurable on Quantum’s price list.”

ATTO’s Celerity Fibre Channel HBAs and Thunderbolt enabled Desklink Devices provide an ideal solution for users looking to achieve the highest I/O and data throughput for growing digital assets and heterogeneous application environments enabled by Quantum’s StorNext scale-out storage solutions. Both product lines feature ATTO’s proprietary Advanced Data Streaming Technology (ADS) and MultiPath Director Technology providing consistent and reliable data transfers protecting the users digital assets, while streamlining their workflow.

Quantum's Scalar intelligent tape libraries provide best-in-class performance, reliability, scalability and cost-effectiveness for long-term data protection and archive. When used in combination with ATTO's ExpressSAS HBAs, they benefit from low-latency and high-bandwidth connectivity to ensure consistent data transfers and protection.

“The technology based partnership between ATTO and Quantum is a key step as we ensure a validated storage solution for today’s complex enterprise environments and gives users the confidence that their storage infrastructure will have the highest performance and lowest latency,” said Wayne Arvidson, vice president of marketing and channels at ATTO Technology, Inc. “Today’s announcement is a key step as we continue to develop and release further solutions together throughout the year.”

Tuesday, November 18, 2014

Overland: Fiscal 1Q15 Financial Results More than doubling revenue with Tandberg

Overland Storage, Inc. reported financial results for its fiscal 2015 first quarter ended September 30, 2014.

Eric Kelly, president and CEO, said: "As we announced this week, the SEC has declared the Registration Statement on Form F-4/A filed by Sphere 3D Corporation regarding the proposed merger between Overland and Sphere 3D to be effective. We are asking shareholders to approve the merger, and to date, shareholders holding approximately 65% of our outstanding stock have agreed to vote their shares in favor of the merger, which is expected to close during the first week of December. Through our long-term partnership with Sphere 3D, we have been laying the groundwork to build a solid foundation for the combined company. We are excited to offer our customers a highly optimized and a comprehensive set of app and desktop virtualization solutions coupled with scalable, enterprise storage offerings to address these growing markets in the software-defined IT era."

He further noted: "We are pleased to report that we exceeded internal revenue projections in the past quarter, and we have completed the third phase of our integration plan with Tandberg Data. The significant operational changes at Overland will result in cost-savings of 10% to 15% (or $2 million to $3 million) greater than our previously-announced target of $20 million. The final phase of the integration plan, which includes recent organizational reductions and changes to our manufacturing and supply chain operations, is expected to positively impact gross margins going forward. The Tandberg integration plan will be completed prior to the closing of the merger agreement with Sphere 3D and is expected to allow for a profitable run-rate exiting calendar year 2014, excluding one-time charges and stock compensation expense."

Recent Corporate Highlights:
  • Completed the third phase of the company's integration plan with Tandberg Data.
  • The Registration Statement on Form F-4/A filed by Sphere 3D Corporation has been declared effective by the SEC. Shareholders will be asked to approve the merger at a meeting of shareholders on November 28, 2014. Certain Overland Storage shareholders holding approximately 65% of the outstanding Overland shares have agreed, pursuant to voting agreements, to vote their shares in favor of the merger, and as a result Overland expects the merger to be approved at the shareholder meeting, and completed during the first week in December.
  • Secured $5.0 million of additional working capital in the form of debt financing from Cyrus Capital to support our transition plans.
  • Entered into a Memorandum of Understanding with the plaintiffs in the consolidated class action cases that would, subject to court approval and other standard conditions, provide for the settlement of all outstanding claims in regard to our proposed merger transaction with Sphere3D.
  • Litigation update: November 7, 2014, the United States Patent and Trademark Office issued a Final Written Decision finding claims 1-11 of U.S. Patent No. 6,328,766 to be unpatentable. Overland has the option to appeal the decision to the United States Court of Appeals for the Federal Circuit. Overland Storage has successfully settled its infringement litigation related to this patent with all other parties.
First Quarter Fiscal 2015 Financial Results:
The following financial highlights for the first fiscal quarter of 2015 reflect contribution from the Tandberg Data acquisition, which contribution is not reflected in the comparative results for the first fiscal quarter of 2014.

  • Net revenue was $22.9 million, compared to $10.6 million for the first quarter of fiscal 2014 and $24.2 million in the fourth quarter of fiscal 2014. Product revenue for the first quarter of fiscal 2015 was $19.3 million, compared to $6.1 million for the first quarter of fiscal 2014 and $19.8 million in the fourth quarter of fiscal 2014.
  • Gross margin was 27.8%, compared to 33.7% in the first quarter of fiscal 2014, and 26.9% in the fourth quarter of fiscal 2014.
  • Operating expenses were $13.3 million, compared to $7.7 million in the first quarter of fiscal 2014 and $15.0 million for the fourth quarter of fiscal 2014. One-time costs for the first quarter of fiscal 2015 were approximately $1.9 million.
  • Stock compensation expense was $0.8 million, compared to $0.9 million in the first quarter of fiscal 2014 and $1.2 million in the fourth quarter of fiscal 2014. Depreciation and amortization was $0.9 million in the first quarter of fiscal 2015, compared to $0.3 million in the first quarter of fiscal 2014 and $1.0 million in the fourth quarter of fiscal 2014.
  • Net loss was $7.3 million, or a loss of $0.42 per share, compared to a net loss of $4.6 million, or a loss of $0.75 per share, in the first quarter of fiscal 2014, and a net loss of $7.4 million, or a loss of $0.42 per share, in the fourth quarter of fiscal 2014.
  • Adjusted EBITDA was a loss of $3.8 million, compared to adjusted EBITDA of a loss of $3.0 million in the first quarter of fiscal 2014, and a loss of $6.3 million in the fourth quarter of fiscal 2014.
  • Cash and short-term investments at September 30, 2014 were $6.9 million, compared to cash and short-term investments of $12.1 million at June 30, 2014. As of September 30, 2014, the company had $5.1 million outstanding under its credit facilities and $17.3 million outstanding under its notes from related parties.
Recent Product Highlights:
  • V3 hyper-converged appliances designed to address the rapidly growing virtualization and cloud markets.
  • SnapServer XSD 40, powered by the new GuardianOS 7.6 software, is the simplest and most versatile NAS and iSCSI SAN storage system available for today's business needs--from virtualized server and Exchange environments, to backup and storage consolidation.
  • VMware-certified SnapScale clustered storage featuring RAINcloud OS 4.1, the next major software release with software-defined storage services for virtual infrastructures.
  • RDX integration with SnapServer provides SMBs customers with an affordable, integrated solution for backup and data exchange.
  • NEO XL-Series automated tape libraries, combining flexibility, density, performance and best value for backup, archive and DR.

Tuesday, October 21, 2014

Overland On Track for Completion of Transformation

Overland Storage, Inc. reported progress on the third phase of the company's transformation and its achievements for operational efficiencies intended to deliver a profitable run-rate exiting calendar year 2014, excluding stock-based compensation and one-time charges related to the Sphere3D merger and the Tandberg acquisition.

"We are pleased to report that the expected operational changes will exceed our previously-announced annual cost savings target of $20 million by 10% to 15%. As a result, we are on track to execute on our overall transformation strategy to build a strong foundation for our core business, increase global scale, and enter new and innovative markets," said Eric Kelly, president and CEO, Overland.

Sphere3D Merger Update:

  • Sphere3D has filed with the SEC Amendment No. 2 to its Registration Statement on Form F-4/A covering the shares of Sphere 3D's common stock to be issued in connection with the proposed merger with Sphere 3D.
  • The proposed merger with Sphere3D continues to be on track to close this fiscal quarter, subject to the effectiveness of the registration statement described above.
  • Overland have entered into a memorandum of understanding with the plaintiffs in the consolidated class action cases referred to as In re Overland Storage Inc., Shareholders Litigation that would, subject to court approval and other standard conditions, provide for the settlement of all outstanding claims in regard to our proposed merger transaction with Sphere3D.

Financing Update:
Overland has secured $5.0 million of working capital in the form of debt financing from Cyrus Capital to support restructuring and transition plans.


Restructuring Update:
  • Between the closing of our acquisition of Tandberg Data and the end of this quarter, the company reduced headcount by over 100 people, constituting approximately 30% of our workforce excluding personnel in our Chinese manufacturing facility.
  • It in the process of completing the transition of manufacturing from our San Diego facility to China facility and contract manufacturers.
  • Relationship with BDT Media Automation GmbH has progressed with the expansion of the company's tape automation product offerings and previously announced patent cross license agreement.
Overland broadens its product portfolio with following products:
  • V3 hyper-converged appliances designed to address the growing virtualization and cloud markets.
  • SnapServer XSD 40, powered by the new GuardianOS 7.6 software, is a simple NAS and iSCSI SAN storage available for business needs - from virtualized server and Exchange environments, to backup and storage consolidation.
  • SnapScale clustered storage with the new version of our RAINcloud OS optimized for virtual infrastructures without adding management complexity.
  • RDX integration with SnapServer provides small-medium business customers with an affordable integrated solution for backup and data exchange.
  • NEO tape automation product line addresses a larger segment of the market, and provide our customers with a broader set of archive options.

Monday, October 13, 2014

IBM TS1150 Model E08 Tape Drives With Record 10TB Native Capacity and 360MB/s …

IBM TS1150 Model E08 (3592-E08) is the fifth generation of the IBM 3592 enterprise tape drive and is designed to provide higher levels of performance, reliability, and cartridge capacity than the TS1140 Model E07 tape drive.

The TS1150 has a 32-channel GMR head design to deliver a native data rate performance of up to 360MB/s versus the 250MB/s data rate of the TS1140. TS1150 tape drives have dual-port 8Gb FC interfaces for FC attachment to host systems or a switched fabric environment.

The TS1150 Model EH8 (3592-EH8) tape drive is the HD2-compatible model of the TS1150 for installation in HD2 frames of the TS4500 tape library.

Model conversions are also supported to allow TS1150 model E08 to be moved from TS3500 tape library to the HD2 frames of a TS4500.

With the use of the Tape Cartridge 3592 Advanced Data (Type D), TS1150 can format a cartridge uncompressed up to 10TB. TS1150 is designed for automation and uses a tape cartridge with a form factor similar to other 3592 tape cartridges, allowing it to be used in the TS4500 tape library.
The TS1150 also supports drive-based data encryption to help protect data. The TS1140-based encryption and associated IBM Security Key Lifecycle Manager components are supported in a variety of OS environments, including Power, System i, System x, System p, Oracle, Linux, and Windows.

Application, system, or library managed encryption management methods are supported.
The encryption capability is supported when the TS1150 tape drive is integrated with or attached to select IBM supported tape libraries.

Key prerequisites
The TS1150 tape drive is supported in environments including select Power Systems, System i, System p, System x, and other servers running AIX, Linux, Oracle Solaris, and Windows OS environments.

Planned availability date
  • October 24, 2014: Model E08 and its feature numbers; feature number 9699 and model conversion for model E07 to model E08
  • November 21, 2014: Feature numbers 1628, 1629, and model EH8; model conversions for model EH7 to EH8 and model E08 to model EH8