Cost-Effective Data Management Solution for PeopleSoft Users Addresses Availability and Business Management Needs.
Princeton Softech today announced its solution for the IBM TotalStorage Data Retention 450, designed to address the needs of PeopleSoft users for long-term management of their business-critical financial and enterprise data to help meet compliance and regulatory requirements. The Princeton Softech solution has been tested for interoperability with the IBM DR 450 and other IBM products through the IBM TotalStorage Proven Program and is designed to allow customers to archive PeopleSoft data to the IBM TotalStorage Data Retention 450, with the ability to retrieve subsets of archived data for PeopleSoft users to access via a variety of means. Princeton Softech is the first vendor to successfully complete testing with the IBM TotalStorage Data Retention 450 under the TotalStorage Proven program.
“Storage requirements for compliance data is expected to grow at a rate of 64 percent per year. This increase underscores the importance of comprehensive compliance solutions among leading vendors for managing large amounts of ERP data throughout its lifecycle,” said Alan Stuart, Chief Strategist and Business Line Executive, IBM Data Retention Solutions. “Maintaining access to information on-demand is the end objective, and the work done under programs, such as the TotalStorage Proven Program, is an important step in helping companies not only lower their total cost of ownership, but to also integrate their data and business processes.”
By integrating Princeton Softech’s Archive for Servers PeopleSoft Enterprise Edition database archiving software with the IBM TotalStorage Data Retention 450 and PeopleSoft application suites, Princeton Softech is enabling PeopleSoft customers to leverage a truly unique performance solution for storing ERP archived data for long term compliance and availability purposes at a competitive price. According to Gartner, by understanding the role of different technologies in business processes and where established or new technologies can aid compliance, enterprises can reduce the costs of regulatory compliance and derive long-term business value (Gartner — Sarbanes-Oxley: The Role of Technology, October 10, 2003).
“Data retention regulations require that different types of business-critical data remain accessible for many years, particularly financial information. As a result, PeopleSoft customers require a highly focused archival solution,” said Roy Satterthwaite, Vice President for tools and technology, PeopleSoft. “The integrated solutions will help our customers better manage their long-term data and business needs as well as make it easier to implement, personalize, use and upgrade their software.”
Given the needs of regulatory compliance, deleting valuable production information without providing for future access could put an organization at risk. Princeton Softech’s Active Archive Solutions address this issue and enable companies to manage database growth, improving the performance and availability of critical business applications and optimizing the customer ownership experience. Princeton Softech’s Archive for Servers platform directly integrates with the IBM Tivoli Storage Manager software, used to manage and enforce data retention policies for the IBM TotalStorage Data Retention 450.
“IBM and Princeton Softech provide PeopleSoft customers with powerful solutions that enable organizations to better address their increasing compliance requirements while optimizing their investment,” said Paul Winn, President and CEO of Princeton Softech. “True Information Lifecycle Management (ILM) requires alignment of people, processes and products, and we are helping customers move towards this model.”
The IBM TotalStorage Data Retention 450 stores, retrieves, and manages regulated and non-regulated data in a non-erasable and non-rewritable format and is designed to help customers protect the integrity of their data. These capabilities provide the foundation for managing growing compliance and data retention needs. In addition, this system can automatically enforce data retention policies while supporting on-demand availability of key data and applications in the event of hardware, software or network failures. As a result, companies have an essential component for ILM that can help reduce the cost of compliance associated with managing and storing relational data.
“Rapidly growing databases and the enforcement of regulatory standards represent a significant challenge for enterprises and are driving companies to purchase integrated data archiving solutions,” commented Peter Gerr of the Enterprise Strategy Group. “All three companies are addressing this need to help customers manage the entire information lifecycle and provide immediate improvements in managing database growth while still keeping archived data accessible.”
Princeton Softech’s Archive for Servers platform and IBM’s TotalStorage Data Retention 450 are available immediately to help customers address database compliance requirements.
ERP Update provides articles, insights and commentary on enterprise resource planning issues.
