Company:StoredIQ

From HandWiki
StoredIQ
IndustryInformation lifecycle management
FateAcquired by IBM in 2012
Founded2001

StoredIQ was a company founded for information lifecycle management (ILM) of unstructured data. Founded in 2001 as Deepfile[1] in Austin, Texas by Jeff Erramouspe, Jeff Bone, Russell Turpin, Rudy Rouhana, Laura Arbilla and Brett Funderburg,[2] the company changed its name in 2005 to StoredIQ.[3] It continued to operate successfully for over a decade until it was acquired in 2012 by IBM.[4] It now serves as a platform for IBM's information life cycle governance, big data governance and enterprise content management technologies.[5]

StoredIQ was awarded five patents by the USPTO. The first, originally filed in 2003, enabled unstructured data in file systems to be manipulated in a similar way to information stored in databases.[6] Subsequent patents only added to StoredIQ's market dominance[weasel words] by building upon the patented actionable file system with further enhancements specific to Enterprise Policy Management and expanding the reach of StoredIQ's management capability all the way to individual desktops.[7]

In 2008 StoredIQ was recognized as "Best in Compliance" by Network Products Guide.[8] At the same time, StoredIQ was being recognized as a "Top 5 Provider" by the prestigious Socha-Gelbmann eDiscovery survey.[9] This incredible breadth[weasel words] of information governance capability is what originally drew the attention of EMC Corporation, StoredIQ's first potential acquirer. Initially a strategic investor in StoredIQ, many experts[who?] predicted an inevitable acquisition. However, the company shunned their first suitor, leaving EMC to acquire a competitor.[10]

The company published a whitepaper titled The Truth About Big Data. This promotion combined with StoredIQ's patented technology led to IBM selecting StoredIQ as the basis for some products.[11]

References

  1. "Deepfile Comes to the Surface". Network Computing. http://www.networkcomputing.com/storage/deepfile-comes-surface/865316998. 
  2. "Enterprise file management made easy". Network World. http://www.networkworld.com/article/2332452/wireless/deepfile.html. 
  3. "Deep file Becomes StoredIQ". Network Computing. http://www.networkcomputing.com/storage/deepfile-becomes-storediq/1788209585. 
  4. "IBM Extends ILG Suite and Big Data Governance with StoredIQ Acquisition". http://public.dhe.ibm.com/software/data/sw-library/ecm-programs/Parity_Research_StoredIQ_Whitepaper.pdf. 
  5. "StoredIQ is now an IBM Company". https://www-01.ibm.com/software/info/storediq/. 
  6. "Method and apparatus for managing file systems and file-based data storage". http://patents.justia.com/assignee/storediq-inc. 
  7. "Patents by Assignee Storediq, Inc.". http://patents.justia.com/assignee/storediq-inc. 
  8. "StoredIQ Wins Network Products Guide Award For Best In Compliance". Data Storage Connection. http://www.datastorageconnection.com/doc/storediq-network-products-best-in-compliance-0001. 
  9. "StoredIQ Recognized With "Top 5 Provider" Rating In Socha-Gelbmann eDiscovery Survey". Data Storage Connection. http://www.datastorageconnection.com/doc/torediq-ediscovery-survey-storage-0001. 
  10. "EMC Acquires Kazeon, Stiffs StoredIQ". Information Week. http://www.informationweek.com/software/information-management/emc-acquires-kazeon-stiffs-storediq/d/d-id/1082836?. 
  11. Butta, Tom (2012-12-31). "The Truth Behind IBM's Plans to Acquire Big Data Company, StoredIQ". Huffington Post. http://www.huffingtonpost.com/entry/ibm-storediq_b_2377339.