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Businesses have a legal responsibility to store legacy data. Firms in the financial sector, for example, have until the end of 2006 to comply with the Basel 2 Accord, which aims to help companies manage business risks.
The Accord, and its demands on data, are widely regarded as the biggest technology challenge faced by banks since Y2K. But storing such data in a live database can have an impact on its performance.
To tackle the problem, EMC and Oracle have introduced the EMC Databasextender Accelerator for the Oracle e-business suite, a set of tools and services designed to help users migrate their database records from enterprise storage onto lower cost storage systems.
EMC claimed that the technology will reduce costs, improve database performance and help Oracle customers meet data compliance regulations.
Don Swatik, EMC's vice-president of global solutions, said, "Dormant data sitting in a critical database can take up valuable cycles, back-up time and become a management headache." The new software will allow firms to keep older information accessible, he added.
The archived information remains accessible and retrievable through the Oracle application. EMC said cost and performance improvements are achieved by preventing historical data management from impeding other database tasks.
Through the agreement, consultants from EMC and Oracle will provide assessment and analysis of users' data to determine which records should be archived along with a service to customise the Databasextender software.
The announcement of Databasextender is the latest development in the relationship between the two firms. EMC and Oracle have had a strategic alliance since 1995 and in 2002 set up a joint service center staffed by engineers from both companies.
At the same time as the software announcement, EMC unveiled a set of services to help users exploit Information Life-cycle Management, including ILM workshops and assessment services.