META Group and Princeton Softech Seminar Defines Cost-Saving Strategy for Managing The Data Explosion Tuesday 10 July 2001 PDF Print Organisations storing data on Windows platforms will see data storage requirements grow at a rate of 200 – 500 percent annually and storage costs will outweigh people costs within three years, predicted META Group at a recent seminar with Princeton Softech, ‘Surviving the Global Data Explosion.’ META Group (Nasdaq: METG) is a leading IT research and consulting firm. Princeton Softech is a subsidiary of Computer Horizons Corp. (Nasdaq: CHRZ). Explosive database growth continues at an unprecedented rate, degrading performance and limiting availability, while increasing the need for costly capacity upgrades. Global companies that want to remain competitive can no longer ignore the impact that this exponential growth has on mission-critical applications that manage and support core business initiatives. More companies are evaluating the impact of database growth and actively searching for effective strategies that solve the problem and provide a return on investment. This joint seminar series focused on active archiving as the most promising strategy emerging into a demanding market. Princeton Softech introduced the active archiving as a way to optimise database performance and improve availability by safely removing infrequently used data from production databases and saving it in an ‘active’ archive. This ‘active reference data’ is easy to research and restore when needed. Princeton Softech’s breakthrough technology can solve application performance problems across the enterprise. “Sacrificing system reliability for speed is the fastest way to kill business in an e-world. In dealing with the exponential growth in the amount of data that companies need to manage, data archiving is a key process,” said Rakesh Kumar, keynote speaker and programme director of international enterprise data centre strategies at META Group. “One of the key issues is for organisations to understand exactly what needs to be archived, before using the tools available. This is where an active archiving strategy helps users understand the concepts of smart archiving and how to increase database performance while controlling database maintenance and capacity costs.” Princeton Softech is the global leader in helping companies store data smarter through active archiving, viewed as the key to solving the problem of explosive database growth, with the potential to save millions in hardware and software upgrades. Rich Parente, vice president international operations at Princeton Softech, pointed to hardware upgrades as the weakest link in today’s data management strategies. “You can continue to add MIPS and servers, but the time between upgrades gets shorter and shorter as your data continues to grow. Inevitably, you reach a ‘performance wall,’ where upgrades become unaffordable, or it becomes impossible to meet service level requirements using capacity increases alone.” “With Princeton Softech’s Active Archive Solutions™, companies can selectively remove data and store it on a more cost-effective medium, where it is easy to research and restore if necessary – with 100 percent accuracy,” continued Parente. “In addition to improving performance and availability, this innovative approach frees processing power to implement new applications without adding hardware.” -ends- For additional information please contact: Jennifer Reese Princeton Softech Tel: +1 609 627 5500 email@example.com Press contact: Catherine Eyres/Mary Brain Strategic Relations Tel: +44 (0) 1494 434434 firstname.lastname@example.org About META Group META Group is a leading research and consulting firm, focusing on information technology and business transformation strategies. Delivering objective, consistent, and actionable guidance, META Group enables organisations to innovate more rapidly and effectively. Our unique collaborative models help clients succeed by building speed, agility, and value into their IT and business systems and processes. Connect with http://www.metagroup.com for more details. About Princeton Softech Princeton Softech, a wholly owned subsidiary of Computer Horizons Corp. (Nasdaq: CHRZ), is a software products and services company that helps enterprises enhance the performance of their systems by managing data smarter. The company allows enterprises to manage their mission-critical applications more efficiently through "active archiving." By using Princeton Softech's suite of Active Archive Solutions, companies can identify and move complete sets of infrequently used data to an active archive, while maintaining accuracy, integrity, and business context. Princeton Softech is a leader in enterprise-scale data management solutions, with over 2,000 of the world's largest companies in more than 30 countries using Princeton Softech's products. Further information is available at http://www.princetonsoftech.com About Computer Horizons Corp. Computer Horizons Corp. (Nasdaq: CHRZ) is a strategic e-Business solutions and professional services company that is powering a new breed of rapid growth Web developers. With thirty years of experience, CHC is a global leader in systems integration, migration and innovation, enabling companies to stay ahead of the technological curve. By leveraging its core business in IT services, CHC is offering a new breed of professional services through its E-Solutions Group, including its Princeton Softech and Chimes subsidiaries, to enable its Global 1000 customer base to compete in this new digital business environment. For more information on Computer Horizons, please visit our Web site at http://www.computerhorizons.com. Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are ``forward-looking statements'' (within the meaning of the Private Securities Litigation Reform Act of 1995) that involve a number of risks and uncertainties. It is possible that the assumptions made by management--including, but not limited to, those relating to contract awards, service offerings, market opportunities, results, performance expectations, expectations of cost savings, or proceeds from sale of certain operations--may not materialize. Actual results may differ materially from those projected or implied in any forward-looking statements. In addition to the above factors, other important factors include the risks associated with unforeseen technical difficulties, the ability to meet customer requirements, market acceptance of service offerings, changes in technology and standards, the ability to complete cost-reduction initiatives, the ability to execute the sale of certain operations or other initiatives, dependencies on key employees, customer satisfaction, availability of technical talent, dependencies on certain technologies, delays, market acceptance and competition, as well as other risks described from time to time in the filings of Computer Horizons Corp with the Securities Exchange Commission, press releases, and other communications. 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