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Financial Firms Testify

EDEN PRAIRIE, Minn. -- Compellent Technologies, Inc. (NYSE Arca: CML) announced that two of its financial services customers, Ares Management and Credit Union of Colorado, have significantly reduced the physical and carbon footprint of their data centers, lowering the overall cost of ownership of their technology infrastructure. The efficient Compellent SAN has enabled both companies to measurably decrease hardware expenditures and the associated energy consumption.

Like so many others, organizations in the financial services industry are facing explosive data growth, further compounded by federal regulations, and client demand for quick and secure access to financial data,” explained Bruce Kornfeld, vice president of marketing, Compellent. “Companies like Ares Management and Credit Union of Colorado are using storage innovation to more-effectively virtualize the data center and reduce energy costs to better manage their businesses and compete with much larger enterprises.”

Compellent Technologies Inc.