Stories by Lucas Mearian

Insurer sues, claims KPMG mismanaged billing project

Health insurer Highmark Inc. is suing KPMG Consulting Inc. for what is likely to be tens of millions of dollars over what it claims was the consultancy's failure to create a critical electronic billing and accounts-receivable system. Highmark said KPMG abandoned the two-year, US$15 million project this summer after it missed deadlines and created cost overruns through mistakes.

EMC, Compaq move to integrate rival products

Compaq Computer Corp. and EMC Corp., the two largest and fiercest competitors in the storage arena, have opened their programming interfaces to each other, a move that will eventually allow IT managers to integrate storage networks with disk arrays from either company.

Health insurer sues KPMG over failed IT project

Health insurer Highmark Inc. is suing KPMG Consulting Inc. for what is likely to be tens of millions of dollars over what it says was the consultancy's failure to create a "critical" electronic billing and accounts receivable system. Highmark said KPMG abandoned the two-year, US$15 million project this summer after it missed deadlines and created cost overruns through mistakes.

Aggregation: Hosted today, in-house tomorrow

While account aggregation is one of the hottest services being offered online by financial services firms, few organizations are managing the technology themselves. Most are opting to use hosted models just to get their service up and running quickly.

IBM introduces new 2GB Fibre Channel server

IBM announced today it will begin shipping a new storage server that provides 2GB Fibre Channel connectivity, as well as enhanced network-attached storage and Internet protocol storage products aimed at the midrange market.

Users: many storage vendors fail to deliver on promises

As vendors pitch products such as storage management and virtualisation software, end users say few technologies measure up to their increasingly complex environments. And with the current IT spending slowdown, some are concerned there will be even less crucial technology development in the near future.

Users: Many storage vendors fail to deliver on promises

As vendors pitch products such as storage management and virtualization software, end users say few technologies measure up to their increasingly complex environments. And with the current IT spending slowdown, some are concerned there will be even less crucial technology development in the near future.

EMC reports third-quarter loss, more layoffs

Data storage giant EMC Corp. Wednesday reported a loss of almost US$1 billion in its third quarter, the company's first loss in almost a dozen years. EMC officials blamed the loss, at least in part, on the Sept. 11 terrorist attacks.

Wal-Mart taps IBM for mainframe/storage project

Wal-Mart Stores Inc. will be rolling out a multimillion-dollar mainframe consolidation and storage expansion project using IBM Corp. systems that analysts say is a boon in Big Blue's struggle against storage market leader EMC Corp. and others.

Vendors test IP-based storage technologies

Two groups of vendors have set up separate transcontinental and global storage networks based on emerging IP-based data-transport standards. But the storage-over-IP technologies still aren't expected to be robust enough for enterprise uses for at least another year, say analysts.

Nasdaq CIO leaves for Capital One job

Nasdaq Stock Market CIO Gregor Bailar is leaving to head up Capital One Financial Corp.'s IT department, where a business executive vice president and a technology executive had been sharing the CIO role for the past year and a half.

Analysts split on EMC layoffs, third-quarter loss

Analyst reaction was mixed to EMC's announcement yesterday that it expects a third-quarter loss and a second round of layoffs by the end of this year, with at least one analyst saying the company has lost it vision.

Feds build SANs to handle growing user demand

Two ongoing projects by federal agencies underscore the need in the public and private sectors for building storage-area networks (SAN) because of increasing demands from end users and customers to access information.