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Securities Firm Boosts Data Center Performance with Solutions from HP

April 26, 2011 by · Comments Off on Securities Firm Boosts Data Center Performance with Solutions from HP 

Webmaster ToolboxPALO ALTO, CA – HP (NYSE: HPQ) today announced that Samuel A. Ramirez & Co Inc., a New York-based full-service securities firm, has chosen HP 3PAR Utility Storage, a key element of the HP Converged Infrastructure strategy, to improve customer responsiveness and lower costs.

Samuel A. Ramirez & Co., which manages more than $2 billion in customer assets, needed to improve customer response time to support future growth objectives. Due to its aging storage infrastructure, the firm continuously encountered access issues when searching the database on its storage area network (SAN). This resulted in delays of several minutes, which can lead to lost revenue in the securities business. Additionally, storage administration tasks and manual data backup activities required up to four hours a day to complete. Read more

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