Iron Mountain Abandons the Cloud

Posted on Apr 13, 2011 in Records Management News

Iron Moun­tain aban­dons the cloud

Com­pany with­draws its low-cost pub­lic cloud offer­ings to focus on more spe­cial­ized services.

By Dan Hatch, 12 Apr 2011 at 15:22
Cloud computing

When peo­ple every­where are talking-up the ben­e­fits of the cloud, it seems almost bizarre to learn one com­pany is aban­don­ing some of its cloud stor­age services.

It has been reported this week Iron Moun­tain Dig­i­tal, a com­pany which has been in the cloud for lit­tle more than a year, is plan­ning to com­pletely phase out its online stor­age busi­ness by 2013.

No other major cloud stor­age player has ever pulled-out of the sector.

But it’s not a com­plete retreat. Iron Moun­tain has report­edly noti­fied its cus­tomers it is only with­draw­ing its Vir­tual File Store and Archive Ser­vice Plat­form com­mod­ity cloud stor­age solutions.

That means the com­pany isn’t com­pet­ing with the mas­sive play­ers like Ama­zon and Google for a share of the low-cost pub­lic cloud stor­age mar­ket, and instead allows it to focus on more spe­cialised services.

Iron Moun­tain is a provider of records man­age­ment and stor­age, includ­ing paper doc­u­ments, scan­ning and dig­i­tiz­ing ser­vices, shred­ding and media destruc­tion and intel­lec­tual prop­erty man­age­ment, among other services.

The com­pany even stores some of the world’s most valu­able his­tor­i­cal arti­facts and cul­tural treasures.

For fur­ther cov­er­age of cloud com­put­ing visit our sis­ter site Cloud Pro

Read More here: http://www.itpro.co.uk/632746/iron-mountain-abandons-the-cloud

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Kodak sells microfilm business

Posted on Apr 8, 2011 in Records Management News

Image and Data Man­ager
04.07.11

Con­tin­u­ing its migra­tion to dig­i­tal, East­man Kodak Com­pany has com­pleted the sale of cer­tain assets of its micro­film prod­ucts and equip­ment busi­ness to East­man Park Micro­graph­ics, Inc.

East­man Park Micro­graph­ics pro­vides prod­ucts and ser­vices related to archival stor­age, retrieval, restora­tion and preser­va­tion of his­tor­i­cal doc­u­ments and records in county recorder offices through­out the US.

The sale includes agree­ments for Kodak to con­tinue sup­ply­ing cur­rent micro­films, as well as to pro­vide ser­vice and sup­port for micro­film equip­ment. It also includes Kodak’s US data con­ver­sion ser­vices busi­ness, which con­verts data between ana­log and dig­i­tal formats.

The sale does not include Kodak’s Doc­u­ment Imag­ing busi­ness,
doc­u­ment scan­ners, cap­ture soft­ware, infor­ma­tion cap­ture solu­tions, and services.

Tony Bar­beau, Kodak’s Gen­eral Man­ager, Doc­u­ment Imag­ing, said micro­film remains unri­valed for long-term archival stor­age of vital records.

“Kodak is the long­time leader in this busi­ness, and we will con­tinue to sup­ply the same micro­film prod­ucts, made in the same man­u­fac­tur­ing facil­i­ties, and to the same high qual­ity stan­dards to which the indus­try has been accus­tomed,” he said.

“East­man Park Micro­graph­ics is strongly com­mit­ted to this micro­film busi­ness,” said William (Sonny) Oates, Chief Exec­u­tive Offi­cer of East­man Park Micro­graph­ics. “We see excel­lent prospects for long-term growth. East­man Park Micro­graph­ics is com­mit­ted to invest­ing in the busi­ness to sup­port its fur­ther devel­op­ment. We are look­ing for­ward to the oppor­tu­nity to con­tinue pro­vid­ing cus­tomers with the high lev­els of qual­ity and sat­is­fac­tion estab­lished by Kodak.”

Kodak has pre­vi­ously com­mu­ni­cated that it would be sell­ing non-core assets to gen­er­ate cash to fund the com­ple­tion of its trans­for­ma­tion to a dig­i­tal company.

Read more here: http://idm.net.au/article/008344-kodak-sells-microfilm-business

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Iron Mountain offers Three WhitePapers

Posted on Apr 5, 2011 in Records Management News

Not long ago, we con­ducted a sur­vey that showed the top infor­ma­tion man­age­ment trends and con­cerns among pro­fes­sion­als like you. These include the costs asso­ci­ated with man­ag­ing infor­ma­tion, locat­ing and retriev­ing infor­ma­tion, and run­ning out of stor­age space. So, to help you address these issues while sav­ing time and money, we’re offer­ing valu­able insights from indus­try lead­ers such as Frost & Sul­li­van and the Taneja Group.

Down­load the white papers below and fol­low us on Twit­ter to adopt best prac­tices related to infor­ma­tion risks, stream­lin­ing phys­i­cal doc­u­ment man­age­ment, email and eDiscovery.

CONTROLLING COST AND RISK THROUGH OUTSOURCED DOCUMENT MANAGEMENT

You’ll learn:
• Four meth­ods to han­dle cor­po­rate busi­ness risks
• Three top risks com­pa­nies face with doc­u­ment man­age­ment
• How other com­pa­nies adopted doc­u­ment man­age­ment solutions

DOCUMENT CONVERSION: A BETTER WAY TO MANAGE DOCUMENT ARCHIVING

Find out how to:
• Uti­lize a low-cost approach to phys­i­cal doc­u­ment man­age­ment
• Mit­i­gate costly busi­ness issues with intel­li­gent doc­u­ment con­ver­sion
• Man­age infor­ma­tion cost-effectively

EFFECTIVE EDISCOVERY STRATEGIES FOR LEGAL AND I.T.

Dis­cover how to:
• Over­come com­mon objec­tions for updat­ing your eDis­cov­ery process
• Build a solid eDis­cov­ery frame­work in five steps
• Stream­line your infor­ma­tion man­age­ment process

http://img.en25.com/Web/IronMountain/WP_ControllingCostRiskOutsourcedDocumentMgmt.pdf?imdl=WP_ControllingCostRiskOutsourcedDocumentMgmt

http://img.en25.com/Web/IronMountain/WP_IntelligentDocConversionBetterWay.pdf?imdl=WP_IntelligentDocConversionBetterWay

http://img.en25.com/Web/IronMountain/WP_EffectiveEDiscoveryStrategiesLegalIT.pdf?imdl=WP_EffectiveEDiscoveryStrategiesLegalIT

for more infor­ma­tion
Con­tact Iron Moun­tain or call 800–899-IRON (4766).
www.ironmountain.com

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About Cornerstone

Posted on Mar 31, 2011 in Records Management News

About Cor­ner­stone

Cor­ner­stone is a leader in pro­vid­ing stor­age and man­age­ment of hard copy records, doc­u­ment destruc­tion ser­vices, elec­tronic media vault­ing and other related ser­vices. The firm is focused on both organic growth and acqui­si­tions within its geo­graph­i­cal footprint.

Cor­ner­stone entered the mar­ket in 2008 with the acqui­si­tions of LA Records Man­age­ment, Inc and Microshred, Inc. Since then, Cor­ner­stone has added two new facil­i­ties in Cal­i­for­nia and two in the Den­ver area. Cor­ner­stone expanded into the East Coast with the May 2009 acqui­si­tion of Nova Records Man­age­ment. The Com­pany fur­ther expanded its pres­ence in the Cal­i­for­nia mar­ket through its acqui­si­tion of Infor­ma­tion Man­age­ment Stor­age, Inc. (IMS).

Serv­ing a broad cus­tomer base, Cor­ner­stone pro­vides a wide range of ser­vices includ­ing the stor­age and man­age­ment of hard copy records, both plant based and mobile doc­u­ment destruc­tion ser­vices, elec­tronic media vault­ing, and dig­i­tal imag­ing. Cor­ner­stone does busi­ness as LA Records Man­age­ment in the South­ern Cal­i­for­nia area, Cor­ner­stone Records Man­age­ment in the Den­ver mar­ket, and Nova Records Man­age­ment in the North­east and Mid-Atlantic markets.

About Ster­ling Part­ners
Ster­ling Part­ners is a lead­ing pri­vate equity firm with over 25 years of expe­ri­ence part­ner­ing with entre­pre­neurs to build market-leading busi­nesses and gen­er­ate supe­rior returns. With approx­i­mately $4 bil­lion of assets under man­age­ment, Ster­ling invests growth cap­i­tal in indus­tries with pos­i­tive, long-term trends and pro­vides ongo­ing sup­port to man­age­ment through a ded­i­cated team of indus­try vet­er­ans, oper­a­tors, strat­egy experts and human cap­i­tal pro­fes­sion­als. Ster­ling Part­ners is a leader in edu­ca­tion, health­care and busi­ness ser­vices and is co-headquartered in Chicago and Bal­ti­more. For more infor­ma­tion, please visit www.Sterlingpartners.com

Cor­ner­stone Records Man­age­ment Regional Offices:
Den­ver Region — Phone: (303) 307‑9888
Los Ange­les Region — Phone: (818) 367‑1771
Mid-Atlantic/NE Region — Phone: (484) 654‑3540

To con­tact our cor­po­rate office, Email us at mhefner@cornerstone-rm.com

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Student Records Found Dumped in Trash Bins

Posted on Mar 29, 2011 in Records Management News

Pub­lished : Mon­day, 28 Mar 2011, 10:47 PM EDT
By ANDREA DAY
MYFOXNY.COM -

Fox 5 was there when Ralph Marino picked up his sons’ per­sonal files, which were found tossed in a Dump­ster behind a strip mall. The piles of files were from the Hunt­ing­ton Learn­ing Cen­ter in East North­port, Long Island.

He said two of his sons went to the cen­ter years ago, so he was stunned when he got a call from the woman, Tracy Roer­don, who found the files.

Roer­don said she couldn’t believe what she found in the trash bins behind the store where she works. The files had ages, work num­bers, and per­sonal history.

Vic­to­ria Sieven, the direc­tor of the Hunt­ing­ton Learn­ing Cen­ter, told Fox 5 that the cen­ter hired a com­pany to pick up the files from stor­age and shred them. She said she was appalled when she learned that the files were dumped instead.

She said the files had been stored in a base­ment in Man­has­sett. It is com­pany pol­icy to keep them for five years before they are shred­ded. Sieven said staff rushed to grab and shred the files when the com­pany found out what happened.

She would not say divulge the name of the shred­ding com­pany the Learn­ing Cen­ter had hired.

Read more at: http://www.myfoxny.com/dpp/news/student-records-found-dumped-in-trash-bins-20110328

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Stu­dent Records Found Dumped in Trash Bins: MyFoxNY.com

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Iron Mountain’s Biggest Shareholder Backs Activist Investor

Posted on Mar 23, 2011 in Records Management News

Iron Mountain’s Biggest Share­holder Backs Activist Investor
BY ANUPREETA DAS

Davis Advi­sors, the largest share­holder of document-storage com­pany Iron Moun­tain Inc., plans to sup­port activist investor Elliott Man­age­ment Corp.‘s four board nominees.

Davis Advi­sors, a Tus­con, Ariz.-based money man­ager, owns around one-fifth of Iron Moun­tain, which has a mar­ket cap­i­tal­iza­tion of about $6 bil­lion. Boston-based Iron Moun­tain stores and archives busi­ness doc­u­ments and other data for cor­po­rate clients, much of it in warehouses.

Ear­lier this month, Elliott made pub­lic a cam­paign to pres­sure Iron Moun­tain to con­vert itself into a real-estate invest­ment trust.

Elliott, which owns less than 5% of Iron Moun­tain, has said the …

Read more here:

http://online.wsj.com/article/SB10001424052748703410604576217072839591728.html

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