IBM acquisition Information Analysis and processing software developer PSS System

IBM announced in Wednesday that it had acquired California State's PSS system for the unlisted company. IBM plans to incorporate the PSS system into its http://www.aliyun.com/zixun/aggregation/13660.html ">IBM software department, but IBM has not disclosed the amount of the agreement."

The software developed by PSS is used to help enterprises analyze, automate and implement information management policies that span large amounts of electronic business information, and process this information automatically. These features are essential to address legal liability at all times while reducing data storage costs. As information continues to grow exponentially, industry companies are seeking ways to reduce the cost of information collection, processing, auditing, and storage by developing policies that meet the legal requirements.

"Companies need better systems to reduce legal risk and reduce the cost of discovering and managing data," said David Stryker, the BASF Law general adviser, David Srick. By using Penfold's Atlas, we can reduce risk and cost and develop better processes for companies to retain information legally. ”

By combining the IBM Information Lifecycle Management software with the PSS software, IBM provides a comprehensive portfolio of customer management, automation, and application policies to address the cross-cutting needs of the chief Legal Officer, CIO, and line-of-business components.

Dedre Pacnade Deidre Paknad, chief executive of PSS, said: "In short, IBM and PSS systems can help companies reduce legal risk and reduce the cost of daily information disposal." ”

PSS's system has its own customer base, including 7 of the top 10 companies in Fortune 500, covering a wide range of industries including financial services, pharmaceuticals, petrochemicals, healthcare and energy. The company's clients are Abbott, BASF, BP, ConocoPhillips, Devon, first data, General Electric, Pfizer and Williams.

Through this acquisition, IBM will strengthen its information lifecycle management solutions, including content assessment, collection, archiving, imaging, advanced classification, archive management, electronic discovery Search and analysis, and IBM's storage management and intelligent archiving strategy software.