State Street Corporation, the provider of financial services to institutional investors, 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. SNWs 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 IDGs Computerworld and the Storage Networking Industry Association.
We are delighted to be recognized for State Streets 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, says Madge Meyer, executive vice president, Global Infrastructure Services at State Street. State Streets 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 Streets Storage Networking solutions called SAVE Storage, which was implemented by State Streets Global Infrastructure Services team. SAVE supports State Streets continued data growth in a cost-effective way while seamlessly executing major datacenter migrations and improving manageability with increased productivity.
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