This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

SageCloud And Avnet’s Rorke Global Solutions Sign OEM Agreement

SageCloudTM, Inc., a leader in ultra-reliable storage systems at disruptive price points for archival, backup and big data, and Rorke Global Solutions™ a business unit of Avnet Embedded, a division of Avnet Electronics Marketing Americas, a business region of Avnet, Inc. (NYSE: AVT), today announced a strategic relationship to jointly bring to market new, petabyte-scale storage solutions for cold data. Rorke Global Solutions will deliver these storage system solutions, which integrate SageCloud’s powerful system software with open standards-based hardware and complimentary support services to custom-tailor solutions for specific data center environments.

Click to Tweet: Rorke Global Solutions and @SageCloudBoston team to deliver cold data storage solutions http://bit.ly/16JReZ0

Data storage is growing at 60 percent per year and consuming an increasing portion of constrained IT budgets. Industry experts believe that as much as 80 percent of that data qualifies as cold data - data that does not require active storage because it is written once and accessed infrequently. Large data consumers and industry groups, like the Open Compute Project (OCP), are promoting energy-efficient, open standards computing and hardware approaches that lower costs, reduce energy consumption and support scalability of cold data storage.

Rorke Global Solutions (RGS), together with SageCloud, will leverage OCP, field-tested open source software and open hardware standards to deliver a highly reliable cold data storage system - on disk - that approaches the cost of storage on tape. The combined solution will be offered as an on-premise solution for IT storage professionals who are operating their own data centers or for ISP's seeking to improve the cost efficiencies of their cold storage service offerings.

The solution is specifically designed for market segments that generate greater than one petabyte of cold data, and that require backup, archiving and easy scale-out of their environments. Target groups include financial services, media and entertainment, and healthcare firms.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,113.54 +61.81 0.36%
S&P 500 1,983.53 +9.90 0.50%
NASDAQ 4,456.0160 +31.3120 0.71%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs