Storage Web Digest: Financial Firms Seek Revisions to WORM Archiving Rule

By eweek  |  Posted 2003-04-09 Print this article Print

HP Makes Array Moves in the Midrange ... Financial Firms Seek Revisions to WORM Archiving Rule ... Sony Shows New Blue-Laser Drive and Media ... Continued Asia-Pacific Storage Sales Recovery

Enterprise Storage

HP Makes Array Moves in the Midrange

Hewlett-Packard this week introduced a new storage array for the midrange storage market. The new system is the StorageWorks Enterprise Virtual Array (EVA) 3000 (EVA3000) and will be the "little brother" to HPs existing EVA5000 systems, said Pete Korce, director of HPs enterprise storage array business. The EVA3000 will feature 56 drives, totaling 8TB of capacity—significantly smaller than the EVA5000, which comes standard with 290 drives and provides up to 35TB of capacity. Korce said the two systems will sport the same features, such as a continuous access capability.

Read the full story on: InfoWorld


Financial Firms Seek Revisions to WORM Archiving Rule

Brokerages are lining up against a 12-year-old regulation that requires them to store electronic documents on WORM devices. The write-once, read-many optical storage technology lets users write data to a disk or tape only once in order to create a permanent, unalterable set of records. But Scott Kursman, associate general counsel at the SIA, said the use of WORM devices doesnt prevent brokers from changing documents before they get archived. "If you have controls and procedures around things like access and the archiving environment, that gets you to a place that would result in a more robust rule than what we have today," he said. Kursman added that brokerages would rather use technology such as EMC Corp.s Centera fixed-data disk array or inexpensive, high-capacity magnetic tapes.

Read the full story on:Computerworld


Personal Storage

Sony Shows New Blue-Laser Drive and Media

Sony this week announced a new internal blue laser optical disc drive and media that enable the recording of 23.3GB of data per disc and providing a data transfer rate of 9 MB per sec. Slated for the high-end business and consumer market by summer, the 5.25-inch drives will carry a price tag of around $3,000 each. The drive and media will feature a durable, airtight structure to prevent dust particles from coming in contact with the drive mechanism and disc surface, the company said. Rewritable media and write-once read many (WORM) media for regulatory and secure storage requirements will be supported.

Read the full story


Storage Business

Continued Asia-Pacific Storage Sales Recovery

The storage market in the Asia-Pacific (excluding Japan) grew 13.2 percent in the fourth quarter of 2002 in terms of the total number of terabytes shipped, and 5.1 percent in terms of revenue earned, showing a recovery from the climate in 2001 and early 2002, according to figures released by IDC. The proportionately greater rise of terabytes shipped reflects the steady decline in storage systems prices, IDC said. Fourth-quarter storage systems revenue reached $619.1 million compared to the third-quarter figure of $589.4 million. Sales growth was strong in Australia, New Zealand, India and Malaysia, offsetting flat or negative growth in other countries in the region, IDC said.

Read the full story on:IT World


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