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Article: Storage Networks Predicts Boom in Outsourced Storage,.
- Article from:
- Computergram International
- Article date:
- April 29, 1999
CopyrightCOPYRIGHT 1999 Datamonitor. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Boston, Massachusetts-based start up Storage Networks Inc launched itself on the market this week offering enterprise storage consultancy and outsourcing services. The company, which was formed in August 1998 and opened for business in December last year, says it is going all out for the outsourced storage market, which it predicts will experience a massive boom over the next couple of years. "At the moment, everyone is managing their own storage but we believe that model will change," said Tom Lahive, Storage Networks' director of marketing. The company received $10m in its first round of funding and says it will generate revenues this year of somewhere between ...