Moving and Storage Business News

The News Review:

- EMC hawks subscription backup service
- Montecito Medical Acquires Medical Office Buildings in Four States
- Cisco hopes switch can boost fortunes
- 1-800-PACK-RAT Partners with Home Staging Resource.

EMC hawks subscription backup service
ZDNet.com.au – Jan 29, 2008
, those without an existing backup system) and individuals that haven’t adequately protected their data. Analyst firm Gartner claimed that there is nothing intrinsically difficult about moving storage to an SaaS application. “Backup may be one of the easiest SaaS applications to implement,” the Gartner said in a research note. “Many service providers leverage the Amazon S3 and Nirvanix online storage infrastructures to deliver Internet-based backups. But Gartner also said in the same research note that there are potential problems ahead for EMC as online storage offerings become more sophisticated. “EMC will perhaps find future SaaS offerings more challenging, especially if it must modify current applications or develop them internally.

Montecito Medical Acquires Medical Office Buildings in Four States
Earthtimes – Jan 29, 2008
Exclusive location,proximity to a strong hospital system and high occupancy were prime factorsin our decision to move forward with the purchase,” said Chip Conk, CEO ofMMIC. This latest acquisition brings to 32 the number of medical office buildingsthat Montecito Medical Investment Company has acquired in the last 18months. The company now owns medical office buildings in 12 states withaggressive plans to increase its rate of expansion in 2008 and beyond. As is standard practice, Montecito Property Management, a division ofMontecito Medical, will manage and lease the assets in this portfolio,adding value with new medical technologies and inimitable customer service. Montecito Medical recently expanded its technological offerings byacquiring one of the leading medical research companies in the country totrack specific markets’ propensity for success and potential for the futurebased on market characteristics, use rates and lifestyle profiles whendetermining development locations. “Our philosophy is to buy the best properties and then grow their value byproviding top-notch service, the latest technology and unanticipatedamenities,” said Conk. Additional acquisitions will be announced later this month…
Harrison Street Real Estate CapitalHSRE’s model is to provide equity capital at the property level todevelopers and operators in areas of the real estate market in which tenantdemand is driving from education, healthcare or storage related activities. Harrison Street’s inaugural fund has acquired or is in the process ofdeveloping over 55 properties worth greater than $700 million throughout 20states in the US. The principals of HSRE bring decades of investment andmanagement expertise in all segments in which the company investments. Formore information, visit.

Cisco hopes switch can boost fortunes
̴̴̬̩ РJan 29, 2008
That market will generate $10 billion in 2011, up 25 percent from last year, research firm IDC estimates. The Nexus 7000’s server functions let it rival systems from IBM and Hewlett-Packard Co, said Zeus Kerravala, an analyst with Yankee Group in Boston. “They are moving into the realm of the computing vendors,” Kerravala said. Switches typically just direct network traffic, while servers and storage systems hold the information and dish it out when needed. “There was very little overlap with HP and IBM before,” he said. Cisco, based in San Jose, California, fell 91 cents, or 3.

1-800-PACK-RAT Partners with Home Staging Resource.
Free with registration – PR Newswire – AccessMyLibrary.com – Jan 29, 2008
1-800-PACK-RAT Partners with Home Staging Resource. | PR Newswire (January, 2008).