Moving and Storage Business News

The News Review:

- EMC raises investment in India.
- Philips Rolls Out Next-Gen RFID Chip For Libraries
- Struggling Ford unveils 2007 product lineup
- Study: Most Technology Companies Have Data Losses.
- Chambers emphasizes Cisco’s changing role

EMC raises investment in India.
Free with registration – Providence Journal – AccessMyLibrary.com – Jun 21, 2006
plans to double its investment in India over the next four years, to $500 million, as the company works to build its sales and research operations in that country. The Hopkinton, Mass. -based data-storage company is looking to gain engineering talent in India and grow sales in the emerging market. EMC has been investing in India since 2000 and has 800 employees in the country. The company expects to double the number… EMC raises investment in India. (21-JUN-06) Providence Journal (Providence, RI).

Philips Rolls Out Next-Gen RFID Chip For Libraries
InformationWeek – Jun 21, 2006
The technology also enables consumers to do self-service returns, Philips said. According to Philips, several hundred libraries worldwide have installed RFID for self-service check-in and check-out, automatic sorting and cataloguing, as well as advanced theft protection. The company claims that more than half of these libraries use Philips ICODE technology. “Library systems worldwide are increasingly moving to standardized technology that is both ISO15693 and ISO 18000-3 compliant,” said Jan-Willem Reynaerts, general manager of RFID for Philips Semiconductors, in a statement. Also Wednesday, a Philips spokesman told EE Times that the company has.

Struggling Ford unveils 2007 product lineup
MSNBC – Jun 21, 2006
6 percent in the first quarter, down from 18. 2 percent the previous year. The company also lost $1. 2 billion in the first quarter of this year. The company unveiled a turnaround plan in January called ?The Way Forward,? which includes closure of 14 plants by 2012 and cutting up to 30,000 hourly workers in North America. It also plans to speed up new model development to keep its products fresh. Some analysts have said the plan is moving too slowly, but Fields said that was typical Wall Street talk.

Study: Most Technology Companies Have Data Losses.
Free with registration – eWeek – AccessMyLibrary.com – Jun 21, 2006
Over half of all companies doing business in the technology, media and telecommunications sectors have experienced data breaches that potentially exposed their intellectual property or customer information, a new research report shows. According to the report, published by Deloitte Touche Tohmatsu, not only have many technology providers been hit with the same sorts of data losses that have recently plagued other industries, but a large number of the firms have also failed to make sufficient investments in security technologies aimed at preventing future incidents. Deloitte researchers said that security has long been “neglected” by technology, media and telecommunications companies despite their dependence on digital information to run their businesses. The consulting company surveyed executives at 150 such companies and found that even in the face of public embarrassment, financial losses and potential litigation.

Chambers emphasizes Cisco’s changing role
ZDNet – Jun 21, 2006
He said the company is moving beyond just providing the infrastructure and plumbing of Internet Protocol networks, and is instead moving toward offering customers a series of products that let them launch new communications services. “I’m proud to be a plumber,” he told reporters. “It’s been a good occupation. However, this plumbing is moving beyond transport. ”

For the past several years, Cisco has been working to establish itself as more than a switching and router vendor, which today still accounts for the bulk of its revenue… Cisco has defined these new markets by calling them Advanced Technologies. And it selects them based on their potential to generate $1 billion in annual revenue within five to seven years. Some that are already named include digital video, the digital home, security, optical networking, storage area networking, wireless, hosted small business and IP telephony. Most of the Advanced Technologies so far have been winners, with security and IP telephony already generating $1 billion in revenue yearly. Optical networking is the only advanced technology that Chambers and other Cisco executives admit has been a disappointment. But Chambers said that too much success might not be a good thing as Cisco makes the transition into new markets. “I think our success rates in the Advanced Technologies (have) been too high,” he said.