Telstra and EMC have teamed up to capture the rapidly growing IT storagebusiness, which exceeded $731 million in Australia for the calendar year 2000.
According to IDC, information storage is growing at more than 100 per cent ayear globally and the alliance combines Telstra's networking, Internet, dataand voice expertise with EMC's managed information storage credentials.
Australian business will have wideband access to a data centre housinglarge-scale storage devices based on a 'pay-as-you-go' model without theinfrastructure investment.
EMC Asia Pacific vice president, Steve Querner said information is now acompany's most critical asset and this managed service offering is the mostflexible and cost-effective way to go.
He said this year 95 per cent of information will be created digitally comparedto five per cent five years ago.
Telstra expects take up of the service by customers in online, financial,manufacturing, health, mining and media sectors.
IDC predicts storage budgets to grow 45 per cent this year and the storagespend as a percentage of the IT budget to grow from around five per cent todayto 15 per cent by 2003. The data centre goes live this weekend.