logo
Hitachi Vantara Unveils New Capabilities For VSP One

Hitachi Vantara Unveils New Capabilities For VSP One

Hitachi Vantara has announced new capabilities for Virtual Storage Platform One (VSP One), introducing three guarantees for performance, cyber resilience and sustainability. These service level agreement-driven commitments are designed to give enterprises the confidence to streamline operations, recover quickly from cyber threats and reduce environmental impact.
Managing IT infrastructure has become increasingly challenging as many IT teams struggle with manual processes, siloed data environments and unpredictable performance, leading to inefficiencies and higher operational costs. Cyber resilience is also a top concern, with ransomware attacks and data breaches posing serious risks. According to The Hidden Cost of Downtime report by Oxford Economics, downtime from cyber incidents like ransomware costs Global 2000 companies an estimated $400 billion annually—roughly 9% of annual profits—highlighting the staggering financial impact of operational disruption. Additionally, as businesses aim to reduce their environmental impact, there is an urgent need for solutions that optimize power consumption, track carbon footprint tracking and reduce cost.
The benefits of the new VSP One capabilities announced today directly tackle what customers are struggling with—overcomplicated IT, unreliable outcomes and pressure to do more with less. The new enhancements are designed to resonate with midsized enterprise IT managers who need practical solutions, existing customers looking for an upgrade and partners who want something easy to position.
'IT complexity, cyber threats and sustainability challenges continue to put enterprises under extreme pressure,' said Octavian Tanase, chief product officer, Hitachi Vantara. 'With VSP One's latest enhancements, we are eliminating those roadblocks by delivering a unified, automation-friendly platform with guaranteed performance, resilience and efficiency built in. This is more than just data storage—it's a smarter, more sustainable way to manage enterprise data at scale.'
Empowering IT with Automation and Service Guarantees
With these latest updates, VSP One is designed to provide a cloud-like operational experience, making enterprise storage easier to manage and more resilient than ever before. Key components of the new capabilities include: Performance Guarantee – Applications run at predictable, high-performance levels with minimal intervention by meeting workload demands with confidence through guaranteed minimum performance levels across all VSP One Block platforms, backed by EverFlex from Hitachi. Service credits apply if performance targets aren't met.
– Applications run at predictable, high-performance levels with minimal intervention by meeting workload demands with confidence through guaranteed minimum performance levels across all VSP One Block platforms, backed by EverFlex from Hitachi. Service credits apply if performance targets aren't met. Cyber Resilience Guarantee – Organizations can mitigate downtime and data loss after cyberattacks with protections enabled by immutable snapshots and AI-driven Ransomware Detection powered by CyberSense. If data can't be restored, Hitachi Vantara provides expert Incident response and up to 100% credit of the impacted storage volume. Sustainability Guarantee – Helps businesses track and optimize energy consumption and contributes to a lower CO₂ footprint by up to 40% with VSP One's energy-efficient architecture and reporting. A power efficiency service level agreement (SLA) ensures improved cost efficiency and environmental responsibility.
These new capabilities complement Hitachi Vantara's existing guarantees, which include a 100% data availability guarantee providing uninterrupted access to critical business data. The Hitachi Vantara Effective Capacity Guarantee provides 4:1 data reduction and maximizes storage efficiency by reducing the size of datasets while preserving the most important information, which limits redundancy and makes efficient storage possible. The Modern Storage Assurance Guarantee delivers continuous innovation with perpetual, non-disruptive upgrades, providing non-disruptive data access during the upgrade process to new controllers, ensuring a path to the future of storage without needing to repurchase capacity.
Unlike fragmented or software-layered approaches that require juggling multiple APIs and disparate management tools, VSP One delivers a seamless, fully integrated platform that consolidates data management into a single, easy-to-use ecosystem.
'Ransomware continues to threaten the viability of today's enterprises,' said Jim McGann, vice president of strategic partnerships, Index Engines 'The addition of VSP One's Cyber Resilience Guarantee, including Ransomware Detection powered by CyberSense, equips organizations with the intelligence and automation needed to strengthen their cyber resilience. By integrating advanced tools like VSP One and CyberSense, IT teams can streamline recovery workflows, minimize downtime and validate the integrity of critical data with greater confidence to minimize the impact of an attack.' 0 0

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

US weekly jobless claims at seven-month high; trade deficit posts record contraction
US weekly jobless claims at seven-month high; trade deficit posts record contraction

Khaleej Times

time2 days ago

  • Khaleej Times

US weekly jobless claims at seven-month high; trade deficit posts record contraction

The number of Americans filing new applications for unemployment benefits increased to a seven-month high last week, pointing to softening labor market conditions amid mounting economic headwinds from tariffs. The report from the Labour Department on Thursday also continued to show workers losing their jobs having a tough time landing new opportunities as uncertainty caused by President Donald Trump's aggressive trade policy leaves employers reluctant to increase headcount. Economists said technical difficulties adjusting the data at the start of summer could have contributed to the second straight weekly increase in unemployment claims. Still, they said the data offered some evidence of labor market strains. "We won't dismiss the rise in claims over the last two weeks, which may be signaling weakening labor market conditions in response to the Trump administration's tariff policies and uncertainty," said Nancy Vanden Houten, lead U.S. economist at Oxford Economics. "However, seasonal quirks might have contributed to the rise in claims." Initial claims for state unemployment benefits rose 8,000 to a seasonally adjusted 247,000 for the week ended May 31, the highest level since last October. Economists had forecast 235,000 claims for the latest week. There was a sharp rise in unadjusted claims in Kentucky, likely related to layoffs in the motor vehicle industry amid duties on imported parts. There was also a notable increase in filings in Tennessee, which also has motor vehicle assembly plants. Claims surged in the prior week in Michigan, attributed to layoffs in the manufacturing industry. But companies are generally hoarding workers after struggling to find labor during and after the COVID-19 pandemic. The Federal Reserve's Beige Book report on Wednesday showed "comments about uncertainty delaying hiring were widespread," noting that "all districts described lower labor demand, citing declining hours worked and overtime, hiring pauses and staff reduction plans." It said while some districts reported layoffs in certain sectors, "these layoffs were not pervasive." An Institute for Supply Management survey also made similar observations, reporting steady employment in the services sector in May, but also pointing out that "higher scrutiny is being placed on all jobs that need to be filled." U.S. stocks were trading lower. The dollar slipped against a basket of currencies. U.S. Treasury yields fell. The number of people receiving benefits after an initial week of aid, a proxy for hiring, slipped 3,000 to a seasonally adjusted 1.904 million during the week ending May 24, the claims report showed. The elevation in the so-called continuing claims aligns with consumers' ebbing confidence in the labor market. The claims data have no bearing on the Labour Department's closely watched employment report for May, scheduled to be released on Friday, as it falls outside the survey period. Nonfarm payrolls likely increased by 130,000 jobs last month after advancing by 177,000 in April, a Reuters survey of economists showed. The unemployment rate is forecast being unchanged at 4.2%. "A gradual but genuine slackening of the labor market is underway," said Oliver Allen, senior U.S. economist at Pantheon Macroeconomics. There was, however, some welcome news on the economy. A separate report from the Commerce Department's Bureau of Economic Analysis showed the trade deficit narrowed sharply in April, with imports decreasing by the most on record as the front-running of goods ahead of tariffs ebbed, which could provide a lift to economic growth this quarter. The trade gap contracted by a record 55.5% to $61.6 billion, the lowest level since September 2023. The goods trade deficit eased by a record 46.2% to $87.4 billion, the lowest level since October 2023. A rush to beat import duties helped to widen the trade deficit in the first quarter, which accounted for a large part of the 0.2% annualized rate of decline in gross domestic product last quarter. The contraction in the deficit, at face value, suggests that trade could significantly add to GDP this quarter, but much would depend on the state of inventories. "The collapse in the trade gap in April, although unlikely to be sustained, points to a massive trade addition to GDP growth and, if the offset to the import swing is not measured in inventories, second-quarter measured GDP growth could be eye-popping, possibly in the area of 5%, but as meaningless as the first-quarter's decline in output," said Conrad DeQuadros, senior economic advisor at Brean Capital. Imports decreased by a record 16.3% to $351.0 billion in April. Goods imports slumped by a record 19.9% to $277.9 billion, held down by a $33.0 billion decline in imports of consumer goods, mostly pharmaceutical preparations from Ireland. Imports of cellphones and other household goods fell $3.5 billion. Industrial supplies and materials imports declined $23.3 billion, reflecting decreases in finished metal shapes and other precious metals. Motor vehicle, parts and engines imports fell $8.3 billion with passenger cars accounting for much of the decline. The front-loading of imports is probably not over. Higher duties for most countries have been postponed until July, while those for Chinese goods have been delayed until mid-August. The Trump administration had given U.S. trade partners until Wednesday to make their "best offers" to avoid other punishing import levies from taking effect in early July. Exports rose 3.0% to $289.4 billion, an all-time high. Goods exports increased 3.4% to a record $190.5 billion, boosted by a $10.4 billion jump in industrial supplies and materials, mostly finished metal shapes, nonmonetary gold and crude oil. Capital goods exports advanced $1.0 billion, lifted by computers. But exports of motor vehicles, parts and engines fell $3.3 billion, held down by passenger cars as well as trucks, buses and special purpose vehicles. Exports of services increased $2.1 billion to $98.9 billion, lifted by travel, despite reports of decreased tourist visits because of the trade tensions and an immigration crackdown.

Abu Dhabi residential market shows resilience amid supply constraints
Abu Dhabi residential market shows resilience amid supply constraints

Khaleej Times

time27-05-2025

  • Khaleej Times

Abu Dhabi residential market shows resilience amid supply constraints

Average real estate sales rates across the Abu Dhabi market rose to Dh16,200 per sqm in Q1 2025 from Dh14,100 per sqm in Q1 2024, representing a 13.4 per cent year-on-year increase, a report showed on Tuesday. According to Savills' latest Abu Dhabi Residential Market in Minutes – Q1 2025 report, the share of ready property transactions grew to 68 per cent, compared to 44 per cent in 2024 and 25 per cent in 2023, indicating stronger demand for move-in ready stock. The report reveals that while transaction volumes have moderated, the market continues to show resilience, supported by sustained demand, limited new supply, and the emirate's growing international appeal. Abu Dhabi recorded a 3.8 per cent GDP increase in 2024, with the UAE's economy forecast to grow by 4.7 per cent in 2025, according to Oxford Economics. The emirate was also named the world's safest city for the ninth consecutive year, reinforcing its position as a destination of choice for individuals and businesses alike. Continued investment in cultural, educational, and lifestyle infrastructure, including the Saadiyat Cultural District and the announcement of Harrow International School's first GCC site, is further contributing to the city's appeal as a place to live and invest. In Q1 2025, just under 1,500 residential units were transacted within Abu Dhabi Municipality, reflecting a 39 per cent year-on-year decline and the lowest quarterly figure since Q2 2022. Only 10 new projects entered the market during the period, delivering fewer than 3,000 units, impacting transaction levels. This limited pipeline has resulted in a competitive landscape across the leasing, secondary sales, and off-plan segments, with waiting lists for good quality buildings re-emerging and off-plan units increasingly trading at a premium. In the villa segment, capital values increased by seven per cent on Al Reef, 10 per cent on Yas Island, and 26 per cent on Saadiyat Island, highlighting continued demand for prime, lifestyle-led developments. For apartments, Saadiyat Island saw the highest year-on-year growth at 22 per cent, while values across Al Raha, Reem Island, and Yas Island remained steady. Overall, apartment transactions accounted for 63 per cent of activity in Q1 2025, with completed units making up the majority. Ali Ishaq, Head of Residential Agency, Abu Dhabi at Savills Middle East, said: 'Demand is clearly present, particularly within well-connected and master-planned communities. The shortage of new launches has channelled activity towards the ready market, and we are seeing this reflected in both transaction share and rising capital values.' According to the report, interest in the Abu Dhabi residential market continues to be supported by broader shifts in sentiment among expatriate families, driven by recent visa reforms and the development of the education sector. The announcement of a Disney theme park on Yas Island and the entry of international developers into the market are also expected to enhance future demand. Savills anticipates continued activity in the ready market over the coming months, with demand likely to remain strong for high-quality residential product, particularly within established communities.

Abu Dhabi real estate transactions fall, prices rise; best-performing areas in Q1 revealed
Abu Dhabi real estate transactions fall, prices rise; best-performing areas in Q1 revealed

Arabian Business

time27-05-2025

  • Arabian Business

Abu Dhabi real estate transactions fall, prices rise; best-performing areas in Q1 revealed

Abu Dhabi residential real estate transaction volume fell by almost 40 per cent, but prices increased in Q1 2025, according to the Savills Abu Dhabi Residential Market in Minutes – Q1 2025 report. The Savills research shows that, while transaction volumes have moderated, the market continues to show resilience, supported by sustained demand, limited new supply, and the emirate's growing international appeal. Abu Dhabi recorded a 3.8 per cent GDP increase in 2024, with the UAE's economy forecast to grow by 4.7 per cent in 2025, according to Oxford Economics. Abu Dhabi real estate supply The emirate was also named the world's safest city for the ninth consecutive year, reinforcing its position as a destination of choice for individuals and businesses alike. Continued investment in cultural, educational, and lifestyle infrastructure, including the Saadiyat Cultural District and the announcement of Harrow International School's first GCC site, is further contributing to the city's appeal as a place to live and invest. In Q1 2025, just under 1,500 residential units were transacted within Abu Dhabi Municipality, reflecting a 39 per cent year-on-year decline and the lowest quarterly figure since Q2 2022. Only 10 new projects entered the market during the period, delivering fewer than 3,000 units, impacting transaction levels. This limited pipeline has resulted in a competitive landscape across the leasing, secondary sales, and off-plan segments, with waiting lists for good quality buildings re-emerging and off-plan units increasingly trading at a premium. Average sales rates across the market rose from AED14,100 ($3,840) per sqm in Q1 2024 to AED16,200 ($4,410) per sqm in Q1 2025, representing a 13.4 per cent year-on-year increase. The share of ready property transactions grew to 68 per cent, compared to 44 per cent in 2024 and 25 per cent in 2023, indicating stronger demand for move-in ready stock. In the villa segment, capital values increased by 7 per cent on Al Reef, 10 per cent on Yas Island, and 26 per cent on Saadiyat Island, highlighting continued demand for prime, lifestyle-led developments. For apartments, Saadiyat Island saw the highest year-on-year growth at 22 per cent, while values across Al Raha, Reem Island, and Yas Island remained steady. Overall, apartment transactions accounted for 63 per cent of activity in Q1 2025, with completed units making up the majority. Ali Ishaq, Head of Residential Agency, Abu Dhabi at Savills Middle East, said: 'Demand is clearly present, particularly within well-connected and master-planned communities. The shortage of new launches has channelled activity towards the ready market, and we are seeing this reflected in both transaction share and rising capital values.' According to the report, interest in the Abu Dhabi residential market continues to be supported by broader shifts in sentiment among expatriate families, driven by recent visa reforms and the development of the education sector. The announcement of a Disney theme park on Yas Island and the entry of international developers into the market are also expected to enhance future demand. Savills anticipates continued activity in the ready market over the coming months, with demand likely to remain strong for high-quality residential product, particularly within established communities.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store