With research firm IDC estimating data storage doubling every two years, the need for storage resources which can handle complex and mixed systems that combine both file and block data (i.e. unified data storage)...
NBT Initiates .75 Target On IceWEB Storage (IWEB) w/10X Upside
IceWEB Inc. ™ (IWEB) reported today that have they received new orders from several large government sector customers including the US Army, National Institutes of Health and United States Geological Survey, among others, as a direct result of the restructuring of sales and marketing efforts.
“These new orders represent not only significant revenue to the Company, but they are also bellwethers of our sales resurgence in this and other sectors,” said Rob Howe, Chief Executive Officer of IceWEB. “While we are gaining solid momentum in all our sales sectors, the government sector is especially significant because of the very high level requirements it holds. We have been able to surmount those requirements with our superior technology, and our extremely attractive overall value proposition. I have said the company is making progress, and these orders, and re-orders are ample evidence of that.”
Well done…that is exactly the type of news we want to hear. The US Government agencies are under a $20 billion FUNDED mandate to convert their 8 thousand individual data centers into less than 800. IceWEB’s unified mass data solutions are in some cases 9X cheaper than “Big Iron” EMC/IBM/HP solutions—these agencies don’t have the budgets to waste on Rolls Royce data storage when they can get 99% of the functionality for up to 90% LESS cost.
That is the IceWEB solution, keep it up boys!
PS—the most recent Gartner Group research on the IceWEB storage solution says the same thing—“Why pay ultra-retail prices when you can get 99% of the value for 90% LESS cost!”
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Founder and Editor-in-Chief for NBTEquitiesResearch.com. Contributor and Anchor for the Fox News Channel and Fox Business Network 2000-2013. Chairman & CEO of NBT Group, Inc., a boutique private capital investment bank and investor relations organization.
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