In an effort to become the storage solution of choice by offering “best of breed, ready for business and easy to manage” applications to its customers, Oracle (NASDAQ: ORCL) aims to double the data storage efficiency rates of its clients, and ensure that power, cooling and space are appropriately utilized. Inquirer reports that Andrew Lim, Vice President for System Sales for the Asia Pacific Division of Oracle Corporation claims Oracle can meet the changing needs of storage through its multi-tiered pyramid storage design that may use flash storage, performance disk, capacity disk and tape storage.
“’The re-use of data is shrinking. Eighty percent of data (stored) is never used after 90 days. Storage management (for these data) costs more,’ said Lim, pegging the expenditure for data storage to up to 30 percent of the total IT expenses of a company. ‘Data storage also consumes a lot of power,’ he stated, adding that Oracle’s storage solutions were designed to save energy.”