FileTek Launches Cost-to-Value Modeling Tool for Big Data Storage Solutions

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FileTek, Inc., a leading global provider of large-scale data management, storage virtualization, and active archive solutions, today announced the general availability of its Value Realization Modeler, a cost benefit analysis tool. The modeler – available with associated professional services – validates the annual cost savings achieved by implementing a new generation storage approach that intelligently blends existing SSD, RAID, SAN, disk, and tape-based storage to deliver a cost-performance optimized storage environment. The CFO-quality Value Realization Modeler focuses on “hard dollar” justification and future cost avoidance over a 3-year deployment window of budgetary line items such as new hardware acquisitions, software license fees, on-going maintenance expenses, personnel savings, and environmental/facility overhead. Moreover, it delivers easy-to-interpret results in a measurable format that includes net present value (NPV), internal rate of return (IRR), profitability index, payback (in months) and return on investment (ROI). As part of this new offering, FileTek will provide the tools and expertise needed to deliver a detailed report on the quantifiable benefits of the alternative and proven Big Data storage management approach enabled by the company’s StorHouse software platform.

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FileTek, Inc., a leading global provider of large-scale data management, storage virtualization, and active archive solutions, today announced the general availability of its Value Realization Modeler, a cost benefit analysis tool. The modeler – available with associated professional services – validates the annual cost savings achieved by implementing a new generation storage approach that intelligently blends existing SSD, RAID, SAN, disk, and tape-based storage to deliver a cost-performance optimized storage environment. The CFO-quality Value Realization Modeler focuses on “hard dollar” justification and future cost avoidance over a 3-year deployment window of budgetary line items such as new hardware acquisitions, software license fees, on-going maintenance expenses, personnel savings, and environmental/facility overhead. Moreover, it delivers easy-to-interpret results in a measurable format that includes net present value (NPV), internal rate of return (IRR), profitability index, payback (in months) and return on investment (ROI). As part of this new offering, FileTek will provide the tools and expertise needed to deliver a detailed report on the quantifiable benefits of the alternative and proven Big Data storage management approach enabled by the company’s StorHouse software platform.
Because data is growing at exponential rates, all organizations will ultimately spend money this year to acquire more storage. While simply adding more disk was once the perceived “no hassle” approach to storage growth, the sheer volume of data to be retained makes it operationally and fiscally challenging to continue down that path.
With the announcement of StorHouse/Trusted Edge intelligent content analysis and migration management software in April 2012, FileTek introduced a user-friendly holistic storage management approach that provides intelligent options for storing data beyond simply “adding more disk.” The Trusted Edge comprehensive approach incorporates content analysis, policy-driven data migration, and an automated storage management solution with the analytical tools to determine exactly which data is best matched to the cost and performance attributes of each storage class managed by the software. Now, FileTek’s Value Realization Modeler builds on the advanced technical capabilities of Trusted Edge and offers organizations a data driven way to ascertain the precise annual cost savings and benefits resulting from deploying a StorHouse platform as part of the pre-purchase evaluation/discovery process.
“FileTek’s primary goal is to ensure customers achieve data assurance and access at the lowest possible cost per petabyte of storage,” remarked William P. Loomis, CEO of FileTek. “To further emphasize our commitment to this objective, organizations can use our Value Realization Modeler and consulting services to determine the immediate cost benefits gained by implementing a StorHouse system. Current FileTek customers such as the Carnegie Institution for Science and the Wistar Institute have already demonstrated a high return on investment and a quick payback period of 781% (three months) and 239% (16 months) respectively over traditional storage alternatives – proof that StorHouse innovation outshines traditional storage management approaches. We encourage other organizations to leverage the FileTek Modeler to discover how StorHouse can revolutionize the way they manage Big Data storage. For more information, contact FileTek at info(at)filetek(dot)com.”

About StorHouse
StorHouse is a hardware-independent, multi-functional software platform that automatically stores, validates, retrieves, backs up, archives, and manages terabytes to zettabytes of file-based and relational information on a single, easy-to-access system. Because StorHouse abstracts hardware, users see a single unified global namespace rather than specific device types so that SSD, JBOD, RAID, MAID, and tape all look like one unlimited storage pool. In addition, by storing data in native rather than proprietary file format, StorHouse eliminates the need for formal restore procedures. Instead, users have self-service access to StorHouse-managed data at any time without IT intervention. No application interfaces or changes to existing applications are required.
About FileTek
FileTek, Inc. is a premier provider of large-scale data management, storage virtualization, and active archive solutions, enabling organizations, worldwide and across multiple industry segments, to efficiently manage, rapidly access, and effectively govern their ever-growing volume of enterprise data. Since 1984, FileTek has provided comprehensive, award-winning solutions to companies, prestigious educational institutions, scientific and government agencies worldwide. With our patented and innovative StorHouse high-volume data management solutions, FileTek maintains a steady focus: providing unmatched levels of information access, data assurance, and lowest cost per petabyte of storage for all categories and volumes of data.
FileTek is headquartered at 9400 Key West Avenue, Rockville, MD 20850. Telephone: 301-251-0600. Fax: 301-251-1990. The FileTek international headquarters, FileTek Ltd, is located at One Northumberland Ave., London WC2N 5BW. Telephone: +44 (0) 207 872 5583. Fax: +44 (0) 207 753 2829. The company also has offices across North America. Please visit us at: http://www.filetek.com

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