"Virsto Software is pleased to be working with Citrix to deliver tocustomers advanced storage solutions for multiple virtualization platforms." Chris Akerberg, president and chief operating officer, Vizioncore Inc. stated,"We believe the Citrix Ready Open Storage Program is an excellent initiative tocombat the growing storage challenges customers face when implementingvirtualized infrastructures. As a market leader in virtualization dataprotection and management solutions, Vizioncore is pleased to see Citrixaddressing the key customer requirement to integrate server virtualization withtheir incumbent storage networks." "We understand that managing storage across the different layers of a datacenter- virtual machines, array servers and physical servers - can be a daunting,time-consuming, multi-stage process," said Eric Lomascolo, director of productmanagement at Xiotech. "For this reason, we`re excited to be involved in theCitrix Ready program so we can better help our customers provision and managetheir storage with the application`s needs in mind.
It is this type of approachthat is critical to managing storage now and over the next five years, withorganizational storage needs predicted to grow at even faster rates than we`veseen over the past decade." Citrix Systems, Inc.Stacy St. Louis, Copyright Business Wire 2009. - BDO Seidman, LLP Study Identifies Leading Risk Factors at 100 LargestCompanies -CHICAGO--(Business Wire)--Research released today by BDO Seidman, LLP, a leading professional servicesfirm, identifies general economic conditions (96%) and credit availability andcompany indebtedness (93%) as the most common risk factors among the 100 largestpublic U.S retailers. While the economy was also cited as a leading factor in2008, credit and financing jumped from number 11 on the list in 2008 to numbertwo this year, indicating retailers` acute concerns over their access tofinancing. Seventy four percent of retailers identified consumer confidence andspending as a leading risk, which was up from 58 percent in 2008, reinforcingretailers` dependence on consumer sentiment.
Certain risk factors such ascompetition and consolidation (#3) and impediments to expansion (#11) dropped inimportance from 2008 showing that retailers are less focused on growth in thedifficult economic climate. "When consumers stop spending and retail sales fall, banks become increasinglyconcerned about lending to retailers," said Doug Hart, a Partner in the Retailand Consumer Product Practice at BDO Seidman, LLP. "In order for retailers toimprove their credit standing, they either have to reduce costs, leading tolayoffs; or increase sales, which is dependent on consumer spending. On apositive note, there are some bright spots on the horizon that may signal an endto the cycle.