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The people in charge of computers at U.S. firms are scrambling to comply with Section 404 of the Sarbanes-Oxley act, passed by Congress to force companies into better corporate governance. It requires meticulous documentation of accounting and other processes, amounting to terabytes of electronic da...

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Detalles Bibliográficos
Publicado en:Economist Vol. 370; no. 8365; pp. 58 - 60
Formato: Artículo
Publicado: Economist Newspaper Limited 3/6/2004
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Acceso en línea:Ver este registro en EBSCOhost
Descripción
Sumario:The people in charge of computers at U.S. firms are scrambling to comply with Section 404 of the Sarbanes-Oxley act, passed by Congress to force companies into better corporate governance. It requires meticulous documentation of accounting and other processes, amounting to terabytes of electronic data. Yet only one in five large companies surveyed by Gartner, a consultancy, is ready. Data-storage industry leader EMC reckons that the surge in demand is so huge that the situation calls for one of the industry's periodic technological revolutions. Technology buyers, with today's tight budgets, want systems that do not overcharge for storing all the junk. EMC's answer is "Information Lifecycle Management", or ILM. Servers are attached not only to one cluster of arrays, but to several different classes of storage devices, and special software moves data between these devices. ILM explains why EMC has bought Legato, Documentum, VMware, and several other firms over the past year. All have technologies that EMC needs to deliver this new way of storing data.