Apr, 2001 : Cisco introduces Internet information storage router
📅 - Leading Internet networking equipment manufacturer, Cisco Systems Inc. (cisco.com) made an announcement on Monday that it is introducing a new storage router. The company claims the new equipment will make information on the Internet faster and easier to access and cut costs for large businesses.
The SN 5420 Storage Router is based on a standard developed along with IBM, and uses Internet Protocol. According to the company, the router is Cisco's first storage networking product.
Cisco says the router, to be shown at a networking conference in California, will be available in April, and will sell for $27,000. With the new product, Cisco says it intends to capture 30 to 50 per cent of an emerging market. Two years ago, the storage networking market was $200 million and some analysts predict that by 2003, it will be between $4 billion and $5 billion.
According to Cisco, the advantage of the router is that it will help companies save money by reducing the number of places they need to store information. Users of the router will be able to consolidate data stored in five locations, for example, to one location, says Cisco. This will allow companies to dramatically reduce costs by removing the need for duplicate IT staffs.
Rather than compete directly with the storage products of manufacturing giants such as EMC Corp. and Brocade Communications Systems Inc., Cisco's new product will make the other companies? devices more accessible, says Cisco.
And while many high-end storage networks use the incompatible fiber channel protocol, some companies are working to make the two protocols compatible, and Cisco says 250 networking and storage companies have committed to developing products based on the standard.
The SN 5420 Storage Router is based on a standard developed along with IBM, and uses Internet Protocol. According to the company, the router is Cisco's first storage networking product.
Cisco says the router, to be shown at a networking conference in California, will be available in April, and will sell for $27,000. With the new product, Cisco says it intends to capture 30 to 50 per cent of an emerging market. Two years ago, the storage networking market was $200 million and some analysts predict that by 2003, it will be between $4 billion and $5 billion.
According to Cisco, the advantage of the router is that it will help companies save money by reducing the number of places they need to store information. Users of the router will be able to consolidate data stored in five locations, for example, to one location, says Cisco. This will allow companies to dramatically reduce costs by removing the need for duplicate IT staffs.
Rather than compete directly with the storage products of manufacturing giants such as EMC Corp. and Brocade Communications Systems Inc., Cisco's new product will make the other companies? devices more accessible, says Cisco.
And while many high-end storage networks use the incompatible fiber channel protocol, some companies are working to make the two protocols compatible, and Cisco says 250 networking and storage companies have committed to developing products based on the standard.
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