StoredIQ
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Industry | Information lifecycle management |
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Founded | 2001 |
Fate | Acquired by IBM in 2012 |
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
- ^ "Deepfile Comes to the Surface". Network Computing.
- ^ "Enterprise file management made easy". Network World.
- ^ "Deep file Becomes StoredIQ". Network Computing.
- ^ "IBM Extends ILG Suite and Big Data Governance with StoredIQ Acquisition" (PDF). IBM.
- ^ "StoredIQ is now an IBM Company". IBM.
- ^ "Method and apparatus for managing file systems and file-based data storage". JUSTIA Patents.
- ^ "Patents by Assignee Storediq, Inc". JUSTIA Patents.
- ^ "StoredIQ Wins Network Products Guide Award For Best In Compliance". Data Storage Connection.
- ^ "StoredIQ Recognized With "Top 5 Provider" Rating In Socha-Gelbmann eDiscovery Survey". Data Storage Connection.
- ^ "EMC Acquires Kazeon, Stiffs StoredIQ". Information Week. 3 September 2009.
- ^ Butta, Tom (2012-12-31). "The Truth Behind IBM's Plans to Acquire Big Data Company, StoredIQ". Huffington Post.